Technical analysis by Ali-Traders-Pro about Symbol PAXG: Buy recommendation (11/13/2025)

🟢 XAU/USD Technical Outlook — Upward Momentum Within a Rising Channel 📈 Trend Overview The chart shows XAU/USD trading within a well-defined ascending channel, indicating a strong upward trend since late October. The blue trendline acts as dynamic support, confirming consistent higher lows — a classic bullish signal. 🔹 Key Levels Resistance Zone: 🧱 $4,391.41 — the upper boundary of the previous high; potential take-profit or reversal area. Support Zone: 🛡️ $3,800–$3,850 — major horizontal support from previous consolidation. Intermediate Support: ⚙️ $4,160.91 — minor retracement level, close to current price action. 🔄 Price Action Insights The price is currently near the midline of the channel (~$4,200). A pullback to the trendline support is likely (as the curved black arrow suggests), followed by a rebound toward the upper boundary. If the trendline holds, the next target could be around $4,350–$4,390. However, a break below the trendline would weaken the bullish structure and could trigger a retest of $4,100 or lower. 🧭 Technical Bias Bias: Bullish 🟩 Momentum: Strengthening (higher highs & higher lows) Risk: Moderate (channel midrange positioning) 🧠 Trading Plan Idea Buy Zone: Around $4,160–$4,180 near trendline support. Targets: 🎯 Short-term: $4,300 Medium-term: $4,390 (Resistance) Stop-Loss: Below $4,100 (to protect against channel breakdown).