Technical analysis by HavalMamar about Symbol PAXG on 3/16/2025

XAU/USD represents the price of gold in U.S. dollars and is a key asset in global financial markets. Gold is often seen as a safe-haven investment, reacting to economic uncertainty, inflation, and central bank policies. The pair is influenced by the U.S. dollar’s strength, interest rates, and geopolitical events. When the dollar weakens, gold prices typically rise, and vice versa. Traders closely monitor factors like Federal Reserve decisions, inflation data, and global crises to anticipate price movements in XAU/USD.