Technical analysis by Elite-Forex-Trades about Symbol PAXG: Buy recommendation (12/24/2025)

XAUUSD XAUUSD After a strong impulsive move, XAUUSD is consolidating above the prior resistance level, which has now flipped into support. This pause is corrective in nature and occurring above trend support, suggesting accumulation rather than distribution. Momentum remains bullish as long as price holds above the breakout structure. Key Scenarios ✅ Bullish Case 🚀 As long as price holds above 4,368 – 4,350, continuation toward higher psychological levels remains favored. 🎯 Target 1: 4,520 🎯 Target 2: 4,600+ (HTF liquidity zone) ❌ Bearish Case 📉 A strong 2H close below 4,350 would invalidate bullish continuation and signal deeper pullback toward trend base. Current Levels to Watch Resistance 🔴: 4,520 → 4,600 Support 🟢: 4,368 → 4,350 ⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.