Technical analysis by SwingTrade_Concept about Symbol PAXG: Buy recommendation (10/29/2025)

Gold has shown a clear break of structure (BOS) on the 1H timeframe, confirming a shift from a previous downtrend into a bullish continuation phase. After rebounding from the support area, the price is holding above both moving averages, signaling strong buying interest. A short-term consolidation phase could lead to another upside move toward the next resistance zone as long as support holds. Key Levels: Buy Entry: 4000 Take Profit: 4070 Stop Loss: 3960 Reasoning: Technically, price action confirms a trend reversal with multiple bullish structure breaks (BOS 1H & 2H) and consistent higher lows. Buyers continue to defend the support area, keeping momentum aligned with the broader bullish bias. Fundamentally, softening U.S. dollar sentiment and stable Treasury yields support gold’s recovery, as traders look for safety ahead of key U.S. economic data and the upcoming FOMC communication. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.