Technical analysis by ViniciusZampiroliCerqueira about Symbol PAXG: Buy recommendation (2/11/2025)
https://sahmeto.com/message/3242081

ViniciusZampiroliCerqueira
Rank: 3135
Analytical Power:
2.1

The US dollar is weakening due to rising inflation, expansive fiscal policies, and mounting national debt, which erode its purchasing power. Additionally, the Federal Reserve's potential pause in aggressive rate hikes reduces yield appeal, while geopolitical shifts and de-dollarization efforts by nations like China and Russia challenge its global reserve status. As alternative currencies and digital assets gain traction, confidence in the dollar declines. By 2027, these factors could drive the GOLD to $4,400 against key benchmarks, reflecting diminished credibility and a shift in the global financial landscape. Investors may increasingly diversify away from the dollar, accelerating its devaluation.Above $3k and stable.
Translated from: English
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Signal Type: Buy
Time Frame:
1 weekPrice at Publish Time:
$2,915.09