Technical analysis by Zickey_11 about Symbol PAXG: Buy recommendation (10/14/2025)

Zickey_11
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Gold (XAU/USD) is currently trading around $4,146, continuing its bullish trajectory within a well-defined ascending channel on the 45-minute chart. The price action shows consistent higher highs and higher lows, confirming a strong uptrend. 🔍 Key Observations: Trend: Clear bullish trend as price respects the channel boundaries, with momentum increasing after each pullback. Support Zone: Around $4,000 – $4,050, aligning with the lower boundary of the channel — a key area to watch for potential buying interest. Resistance Zone: Near $4,180 – $4,200, where the price may face short-term selling pressure or consolidation. Momentum: Price is riding the upper half of the channel, indicating strong bullish sentiment and potential for continuation toward new highs. Volume/Momentum Indicator (implied): The consistent upward slope suggests sustained buyer strength with limited correction depth. 📈 Outlook: If gold sustains above $4,100, bulls could target $4,200 – $4,250 next. A break below $4,080 (channel support) might signal a short-term correction toward $4,000, but the overall bias remains bullish unless the lower trendline is decisively broken. 🧭 Summary: Bias: Bullish Immediate Target: $4,200 Support: $4,000 – $4,050 Resistance: $4,180 – $4,250lets get the enjoyed with market gold market is moving wonderfully according to my analysis market hit my target 4200 and 620+ pips completed successfully.