Technical analysis by TradeWithMky about Symbol PAXG: Buy recommendation (12/16/2025)

Professional Gold Market Analyst | Sharing Precise Trading Analyses and Strategies Greetings and best regards, I am a passionate financial market analyst specializing in the gold-to-US dollar pair (XAU/USD). My analyses focus on technical patterns like candlestick charts, support and resistance levels, and particularly trend channels to guide trading decisions. For instance, in recent charts, I've highlighted a descending channel (often visualized with dashed or "Chinese line" style indicators for clarity), where the upper channel line acts as dynamic resistance, currently hovering around the 2,050-2,100 USD price range, while the lower channel line serves as potential support near 1,950-2,000 USD. This setup suggests a bearish bias unless price breaks above the upper line, signaling a possible reversal. I share these precise setups, along with target profit zones and risk management tips, to help traders navigate volatile markets effectively. I always emphasize informed decision-making and invite your questions or feedback to foster a collaborative trading community. #ChannelTrading #XAUUSD #GoldTrading #TechnicalAnalysis #ForexInsights #TradeWithmky