Technical analysis by LegionQ8 about Symbol PAXG: Buy recommendation (11/9/2025)

Hello traders, I’d like to share my view on Gold (XAUUSD). The market has been holding a constructive bullish structure, developing higher lows along the rising Support Line. Each time price approached this trendline, buyers reacted strongly, confirming persistent demand. Meanwhile, the $3,960–$3,980 Buyer Zone has acted as a key accumulation area, where several fake breakouts occurred, but price quickly returned back above support — indicating seller failure and liquidity sweeps before bullish continuation. On the upper side, we have a clear Resistance Level and Seller Zone near $4,020–$4,040, where the market previously consolidated inside a range. Multiple rejections were seen in this zone, suggesting that sellers are active here and this remains the next significant reaction area for price. Recently, Gold has been gradually moving upward from the buyer zone, forming a steady corrective climb inside the current structure. At this stage, the trend remains bullish while price stays above the ascending Support Line and Buyer Zone. The immediate objective for buyers is a retest of the $4,020–$4,030 Resistance Level, where price may react again based on previous market behavior. A confirmed breakout above this zone would open the way for further continuation, while rejection could lead to another pullback into the support structure. Please share this idea with your friends and click Boost 🚀The market behaved as we did not expect, buyers had strong dominance and raised the price to our target even without a rebound to the support line.