Technical analysis by Kevinn_Nguyen about Symbol PAXG: Buy recommendation (10/11/2025)

👋Hello everyone, what do you think about XAUUSD ? Last week continued to be a victorious one for the Bulls. The metal successfully broke through the $4,000 level, setting a new record. By Thursday, a slight pullback occurred, but overall, the trend remained positive, and momentum returned by Friday. Accordingly, the gold market saw a slight increase ahead of the weekend after the latest data showed that U.S. consumer sentiment remained stable. Specifically, the preliminary October consumer confidence index reached 55 points, higher than the 54.2 points forecast by experts, but still slightly below September’s 55.1 points. However, this was seen as virtually unchanged compared to September. As soon as the data was released, gold prices started to rise gently. Technical Outlook: For now, gold seems to be holding strong. The BOS structures continue to repeat, and typical indicators like the EMA 34 and 89 are still signaling positive momentum. The next target for the bulls is to reclaim the resistance area at 4059, followed by closing above the strong resistance at $4,100/ounce. What about you? 💬Do you think XAUUSD will reverse or continue to rise? Share your thoughts in the comments!