Technical analysis by financialfreedomgoals101 about Symbol PAXG: Buy recommendation (11/10/2025)

Hey Realistic Traders! "XAUUSD Correction Wave is Over, Could This Be the Next Big Move?" Let’s dive into the technical analysis to see what the chart is really telling us. Technical Analysis On the daily chart, XAUUSD has rebounded once again around the EMA200, with multiple bounces confirming the strength of its broader bullish trend. Afterward, Gold consolidated within a symmetrical triangle pattern, a formation that often appears as a corrective phase within an uptrend where selling pressure gradually weakens. A breakout from this pattern typically marks the beginning of a new bullish wave. The recent breakout was accompanied by strong momentum. A bullish Marubozu candlestick highlighted renewed buying interest, while the MACD golden cross added confirmation to the bullish bias. Together, these signals reinforce the case for a continuation of the prevailing uptrend. In this scenario, the first upside target is located near 4,163 , aligning with a historical resistance area, where a short-term pullback may occur. If bullish momentum continues, XAUUSD could extend higher toward the second target near 4,267, just below its all-time high. This bullish outlook remains valid as long as the price stays above 3,916. A move below that level would invalidate the setup and shift the outlook back to neutral. Beyond technicals, Gold’s bullish outlook is also supported by a broader macro trend, as many central banks continue to reduce their U.S. dollar exposure and increase gold allocations in their reserves, adding further strength to the long-term bullish narrative. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Gold."Almost Hit the First Target Again, The impulsive series of bullish candlestick made us maintain the second target for XAUUSD Bullish Outlook.Finally, exceeded the second target, you can consider taking your profit :D