Technical analysis by HoneySpotTrading about Symbol PAXG: Buy recommendation (12/12/2025)

📌 XAUUSD – Bullish Structure Intact with Key Retracement Zone in Play (1H Analysis) 📝 Professional Description: Gold on the 1-hour timeframe shows a clear breakout from a multi-day trading range, shifting market structure from compression to bullish expansion. After breaking above the range high around 4260, price created a short-term consolidation block, which now acts as a demand zone. The recent impulsive rally toward the 4325–4340 area has met initial resistance, causing a corrective pullback. This retracement aligns closely with the 0.50–0.618 Fibonacci levels, marking a high-probability retest zone where buyers may re-enter. The chart highlights: Trading Range (Dec 1–11): Prolonged accumulation that fueled the breakout. Breakout + Retest Structure: Price successfully retested the consolidation zone around 4275–4285. Area of Interest (AOI): The 4305–4320 region, where fresh supply entered. Upper Target: The chart projects a continuation toward ATH region ~4400, contingent on a clean bullish reaction from the retracement zone. 📈 Bias Summary: As long as price holds above 4260–4270 key support (point of interest), the bullish trend remains valid. A strong rejection here can open the path toward new highs, while failure to hold could deepen retracement toward 4175 POI.