Technical analysis by QuinnReed_Charts about Symbol PAXG: Buy recommendation (11/7/2025)

The XAUUSD market is currently maintaining a bullish structure, respecting a clear ascending trendline from recent swing lows. Price is consolidating near the 4000–4005 zone, where multiple rejections indicate strong short-term support. My planned buy entry around 4000–4004 aligns well with this structure, supported by both the trendline and prior demand area. The stop loss at 3990 is reasonable, sitting below the last higher low and structural support. The first major resistance zone is seen near 4030, where previous liquidity grabs occurred, making it a logical target for a short-term bullish move. Overall, as long as the market sustains above 3990, bias remains bullish toward 4030, with the current price action showing healthy retracement behavior before another potential leg upward.