Technical analysis by ProjectSyndicate about Symbol PAXG: Buy recommendation (5/6/2025)

🏆 Gold Market Mid-Term Update📊 Technical Outlook Update🏆 Bull Market Overview▪️pullback looks complete now▪️3000/3200/3400/3600 USD key S/R▪️Reversal at 3200 USD▪️Resistance near 3400 USD▪️Bulls maintain strategic advantage▪️Target for BULLS 3600 USD▪️short-term dips are possible▪️focus on buying dips⭐️Recommended strategy▪️BUY/HOLD accumulate dips▪️TP BULLS 3600 USD🏦Fed Outlook: Mixed data fuels speculation on policy shift. Analysts see gold’s pullback as a new buying opportunity.🌏Asian Demand: China and India remain key forces in price direction, alternating as major buyers.📦Tariff Watch: Ongoing U.S.-China trade tension continues to weigh on risk sentiment, keeping gold in play.🛑Geopolitics: No major updates on Iran-U.S. talks, India-Pakistan, or Russia-Ukraine ceasefire yet. These remain key risk triggers.BREAKING NEWS: Military: India strikes 3 Pakistani cities with missiles📢 Gold Pullback Summary and Market Update💵 Fed FOMC “higher for longer” bias – Strength 9💪 USD rebound – Strength 8🤝 U.S.–China trade talks ease tensions – Strength 7.5🇬🇧 U.S.–U.K. trade deal optimism – Strength 7🇮🇳🇵🇰 India–Pakistan tensions – Strength 6.5☢️ Iran–U.S. nuclear negotiations – Strength 6🕊 Russia–Ukraine ceasefire signals – Strength 5.5🏦 Global gold ETF inflows – Strength 5Current Gold Price: \~\$3,310/Outlook: Near-term support \$3,300 | Major support \$3,250Watch For: Fed press conference (May 1), U.S.–China talks in OmanWhy Gold Is Pulling Back Now – May 2025 UpdateGold Market Update: Bears will target 3150 USDVanguard Mega Cap Growth ETF (MGK): FAQ guide before investingXAUUSD H4: Re-accumulation | Floor at 3K | TP Bulls 4K