Technical analysis by jt453 about Symbol PAXG on 3/31/2025
jt453

Monday Open has taken off continuation close of Friday NZ time We are looking at another ATH with 3.111 33 at the time of writing this currently still a good trade position will close out once T/P is hit. there maybe a small correction. 3,157,65 is my target goal once my T/P is hit.Observation: News out the USA around Trumps Tariffs have now taken effect on todays open however this just the beginning.Disclaimer: this not financial advice never risk more than your prepared to loose S/L and T/P must be in place at all times. update : T/P hit target small correction maybe 3088?Gold prices hit a fresh record high on Monday, soaring to $3,158.20 a troy ounce as concerns over an escalating global trade war and an uncertain geopolitical outlook boost the yellow metal's appeal as a safe haven and inflation hedge. In early trading, futures rise 1.3% to $3,154.40 a troyGold has gained more than 19% so far this year and its upward trend is expected to continue. "Strong investment inflows, resilient physical demand, and elevated central bank purchases will keep gold on a strong footing," analysts at ANZ Research say. Traders are now waiting to see the scope of U.S. President Trump's upcoming reciprocal tariffs on major trade partners, which could increase inflation pressures and potentially slow economic growth globally.