Technical analysis by sagaahhelite about Symbol PAXG on 1/29/2025

FOMC DAY BUY/ SELL LEVELS : Sell at: $2790-$2814-$2838-$2862 Buy at: $2725-$2701-$2677-$2653 Gold Gains as Economic Uncertainty Offsets Calm Markets Despite calmer global market conditions, gold prices found support from lingering economic concerns ahead of the Federal Reserve’s key policy announcement. 📈 10-Year Treasury Yield: Edged up 1 basis point to 4.538% 📉 U.S. Dollar Recovery: Capped by weakening bond yields Investors remain wary of potential economic disruptions stemming from President Trump’s proposal to impose tariffs on imported computer chips, pharmaceuticals, aluminum, steel, and copper. The initiative aims to encourage domestic production but risks triggering renewed global trade tensions—an outcome that could further boost safe-haven demand for gold. Meanwhile, the Federal Reserve’s rate decision remains the primary market driver, influencing U.S. dollar dynamics and providing fresh momentum for XAU/USD. CTA (Commodity Trading Advisor) activity is also expected to support gold prices in the short term.