Technical analysis by Maya_Clarkfx about Symbol PAXG: Buy recommendation (5 hour ago)

Gold has successfully broken above a key resistance zone, turning prior supply into potential demand. Price impulsively closed above the resistance, showing strong bullish momentum and confirming buyers’ control. The highlighted zone now acts as support, and the ideal entry is on a pullback / re-test into this area. As long as price holds above the zone, bullish continuation remains valid. Trade Idea: Bias: Bullish Entry: Buy on re-test of the marked zone Invalidation: Clean break and close below the zone Target: Previous highs / continuation to the upside This setup aligns with a classic break → retest → continuation structure, offering favorable risk-to-reward if the level holds. Always manage risk and wait for confirmation on the re-test.