Technical analysis by Lingrid about Symbol PAXG: Buy recommendation (10/17/2025)

The price perfectly fulfilled my previous idea . XAUUSD recently made new all-time high inside a steep upward channel, maintaining strong bullish momentum. The structure suggests a healthy correction phase forming a short-term range above the 4,280 support zone. As long as the price remains above the upward trendline, the bullish structure remains intact with potential continuation toward 4,450 and higher. The ongoing range formation may serve as consolidation before the next impulsive breakout higher. ⚠️ Risks: A sustained break below 4,280 could trigger a deeper correction. Rising U.S. yields or hawkish Fed comments may weigh on gold prices. Reduced geopolitical tension could cool safe-haven demand. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!