Technical analysis by konhow about Symbol PAXG: Buy recommendation (2/4/2025)

konhow

We observed how gold has pivoted upward so precisely each time tariffs were applied since the start of the trade war in 2018.Before the trade war, gold remained stagnant within this range. However, with the onset of the trade war, everything changed for gold.We will conduct a case study since 2018, analyzing how gold has reacted to each significant tariff imposed.With the latest proposed tariffs on Canada and Mexico, what could be the potential trend for gold, and how should it be managed above the current level?Gold Futures & Options Ticker: GCMinimum fluctuation:0.10 per troy ounce = $10.00Micro Gold Futures & Options Ticker: MGCMinimum fluctuation:0.10er troy ounce = $1.001Ounce Gold Futures Ticker: 1OZMinimum fluctuation:0.25 per troy ounce = $0.25Disclaimer:• What presented here is not a recommendation, please consult your licensed broker.• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/