Technical analysis by Fusion Markets about Symbol PAXG on 3/23/2025

Gold well and truly smashed through the $3000 barrier this week, peaking at around $3057 per troy ounce.Looking at the 4 hour chart, we may see one more impulse of buying after the current corrective move. This correction may head towards the 38.2%/50%/or 61.8% Fib retracement levels (if you use them in your trading). If we do see another bullish impulse then the -27% Fib extension level could be a target.