Technical analysis by Lingrid about Symbol PAXG: Buy recommendation (11/18/2025)

XAUUSD is testing the confluence support after completing a clean pullback from the previous weekly high (PWH) and the resistance zone. The market structure shows price reacting along the channel border while holding above the broader triangle breakout region and key psychological level at 4,000. If buyers defend 4,000 once again, a recovery becomes the primary scenario as bullish momentum attempts to rebuild. Price action continues to follow a higher-low pattern that supports a renewed upside push if the support floor remains intact. ⚠️ Risks: A decisive break below channel may shift momentum toward the deeper support zone near 3,900. Strong USD flows or unexpected macro data could limit upside recovery attempts. Failure to maintain the higher-low structure may weaken the bullish rebound setup. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!