Technical analysis by Sifiso_Ntshingila about Symbol PAXG: Buy recommendation (5/15/2025)

XAU/USD (Gold) Bias: Bullish (Buy)** – Gold is gaining support from ongoing economic uncertainty, dovish signals from the Federal Reserve, and a weakening US dollar, making it an attractive safe-haven asset. Geopolitical tensions further boost its appeal, while price action shows signs of strength near a key support zone, suggesting buyers are stepping in. There is potential for an upward move toward higher levels as confidence in gold's stability grows. Traders should remain cautious of any sudden shifts in US dollar strength or changes in Federal Reserve policy that might limit gains, but the overall outlook favours further upside.