Technical analysis by jiqeu1 about Symbol PAXG: Buy recommendation (10/31/2025)

https://www.tradingview.com/x/QlI4uBZx/ Yesterday, the gold market exhibited a strong upward trend. After opening lower at 3927, prices initially tested a low of 3915 before a strong bullish counterattack, reaching a high of 4030. The daily candlestick closed as a large bullish candle with a long lower shadow. This pattern clearly demonstrates solid support at lower levels, with buying momentum dominating, further solidifying the overall bullish technical foundation and creating favorable conditions for continued upward movement. Analyzing the hourly chart, the rebound trend from the 3915 low is clear. The price action has seen consecutive bullish closes and successfully broken through the previous key resistance level of 3980. The moving average system is in a bullish alignment, and the MACD indicator's bullish crossover and increasing momentum bars further confirm the continuation of the short-term bullish trend. Although the KDJ indicator has entered overbought territory, there has been no clear reversal signal, indicating that upward momentum remains. The key support area to watch is the 4000-3990 range, which combines the previous consolidation top with short-term moving average support. The primary resistance level to watch is the 4050-4080 range, which is close to the previous high resistance zone. In terms of trading strategy, it is recommended to focus on placing long orders after the price retraces to the vicinity of the support level and stabilizes.The upward trend is stable; everyone needs to carefully manage their entry points.The direction remains unchanged; we remain bullish.