Technical analysis by ProjectSyndicate about Symbol PAXG: Sell recommendation (5/26/2025)

📊 Technical Outlook Update H4🏆 Bull Market Overview▪️stuck in range for now▪️overhead resistances will limit upside▪️Bears key S/R: 3410/3460 USD▪️Bulls key S/R: 3160/3240 USD▪️Expect range price action▪️Focus on selling high / buying low▪️volatility likely to remain low▪️next few weeks as no major headlines⭐️Recommended strategy▪️short high and buy low▪️detailed price levels above▪️right now no trade recommendedLatest gold market updates:📈 Gold surges as renewed tariff threats and geopolitical tensions drive safe-haven demand.💳 Fiscal concerns escalate after the U.S. credit rating is downgraded, increasing investor interest in gold.📊 Analysts identify $3,300 as a crucial support level, with strong buying interest keeping prices elevated.🔮 Major banks project gold to surpass $4,000 per ounce within the next year, citing robust demand from both investors and central banks.💍 Record gold prices prompt jewelry designers to shift toward 14-karat gold and alternative materials to control costs.📉 Gold jewelry demand in India continues to decline due to high prices, while investment gold purchases rise.🌍 Central banks, especially in emerging markets, sustain gold purchases to hedge against currency volatility and inflation.🛡 Gold maintains key support above $3,200 despite market volatility and profit-taking pressures.📈 Leading investment banks remain bullish, forecasting significant upside for gold through year-end.💰 Gold is currently trading near $3,358 per ounce, reflecting ongoing volatility and global economic uncertainty.TSLA New ATH incoming? Overview of primary catalysts.AAPL 2025 Strategic Outlook: Overview of Primary Catalysts