Technical analysis by Buranku about Symbol PAXG on 3/15/2025

Current Market Drivers for Gold:---Safe-Haven Demand: Gold surged past $3,000/oz, driven by investor uncertainty regarding inflation, trade policy, and geopolitical risks.---Inflation Hedge: Concerns over rising inflation, especially in the wake of Trump’s tariff policies, reinforce gold’s role as a store of value.---Treasury Yields & Dollar Strength: Rising 10-year Treasury yields (4.3%) typically pressure gold, as higher yields make interest-bearing assets more attractive. However, strong safe-haven demand is currently counterbalancing this effect.---Global Liquidity & China’s Economic Plans: China's economic stimulus expectations could increase demand for commodities, indirectly supporting gold prices.Possible Outcomes for XAU/USD:Continued Uptrend (Bullish Case) (long term):---If inflation fears persist and geopolitical tensions remain high, gold could see further upside as investors seek safety.---A potential slowdown in US economic growth may lead the Fed to pause or ease monetary policy, which could support gold prices.---Breach of key resistance levels (e.g., $3,050 - $3,100/oz) could trigger further buying momentum.Price Correction or Consolidation (Neutral to Bearish Case):---If Treasury yields continue rising, making fixed-income assets more attractive, gold’s opportunity cost increases, potentially leading to profit-taking.---A strengthening US dollar could pressure gold, especially if risk sentiment improves and capital rotates back into equities.---A pullback to key support levels (e.g., $2,900 - $2,950/oz) is possible before any further rally.Key Factors to Watch:---Federal Reserve Policy: Any shifts in interest rate expectations could significantly impact gold prices.---Inflation Data & Treasury Yields: Rising yields could cap gold’s gains, while inflation concerns may push it higher.---Geopolitical Developments: Escalating tensions (e.g., Russia-Ukraine, US-China trade) could drive additional safe-haven flows into gold.