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

XAU/USD Technical Analysis 🧠💰 Gold (XAU/USD) is showing strong bullish momentum after confirming support near the $3,975 – $3,985 zone. The price action has respected the ascending channel, bouncing from the lower boundary and signaling continuation toward the upside. Key Observations: Structure Break (BOS): Confirms a shift from consolidation to bullish trend. Support Zone: Buyers are clearly defending the $3,975 – $3,985 area, showing strong demand. Bullish Continuation Pattern: After the retracement, price action is forming higher lows, consistent with trend continuation. Target Zone: The next major resistance and profit-taking area lies at $4,061.38, where previous supply pressure was noted. Trading Plan: ✅ Entry: Around $3,985 – $4,000 (after a minor pullback) 🎯 Target: $4,061.38 🛑 Stop-Loss: Below $3,965 (beneath support) K2I1! USD1! MKI1! S501! JPY1! EUR1! BM31! SEF1! SM51! SGX1!