Technical analysis by GrrowMore-All-Signals about Symbol PAXG: Buy recommendation (1/21/2025)

(XAU/USD) continues to gain traction for the second consecutive day, reaching its highest level since November 6, around $2,726 during Tuesday's Asian session. Renewed trade war concerns, sparked by US President Donald Trump's suggestion of imposing tariffs on Canada and Mexico, have increased demand for the safe-haven precious metal Additionally, a drop in US Treasury bond yields-driven by expectations that the Federal Reserve (Fed) will implement two rate cuts this year amid signs of easing inflation-further supports the appeal of non yeildng gold. Gold price continues to increase in large frame, break 2725 and buying power is strong.GOLD BUY AREA 2704-1 TARGET 2710TARGET 2715TARGET 2725STOPLOSS 2697GOLD SELLING AREA 2740-43TARGET 2735TARGET 2730TARGET 2720STOPLOSS 2748..HOPE THIS CHART IS HELPFULL FOR YOU, SHARE YOUR OPINION IN COMMENT ALSO🪽