Technical analysis by jt453 about Symbol PAXG: Buy recommendation (4/21/2025)

Gold is pushing ATH again Monday due the Sidney Session currently 3.368.24 looking to hit 3.400.65 @ T/P trade been open since Wednesday last week Held over the weekend.Observation: Due to Tariffs from the USA this has attracted a further safe Haven also with a small sell due to long Weekend.Disclaimer Never trade more than your prepared to loose ensure S/L T/P always consider manual close. This not financial advice.Gold surged more than 1% to above $3,370 per ounce on Monday, setting a new record high, buoyed by safe-haven demand amid global trade tensions, as well as a weaker U.S. dollar.In addition, the European Central Bank's recent interest rate cut enhanced the precious metal's allure in a low-yield environment.Meanwhile, White House economic adviser Kevin Hassett on Friday said that the Trump administration was continuing to study if they could fire Federal Reserve Chair Jerome Powell, a sign that such a move, a matter of great consequence for the central bank's independence and for global markets, is still an option.Key points:U.S. dollar hits three-year low as Trump criticizes FedTrump to pressure tariff-exemption seekers to limit China tradeNext milestone for gold could be $3,500 level, analyst saysGold prices surged to a record high on Monday, spurred by concerns over global economic growth due to the spiralling Sino-U.S. trade war, with a weaker dollar further boosting the rally.trade hit TP 3400.65