Technical analysis by Fusion Markets about Symbol PAXG on 6/7/2025

The price of Gold against the US Dollar is bullish on the bigger time frame.Diving into the 8 hour chart, we see that price was correcting in the form of a triangle with a breakout in the early part of this month.With price retesting the top of the triangle, we may see a rejection and further move to the upside. Watch out for a false break though.This is an idea of what may happen.Always trade with a tested and profitable strategy. Use alongside good risk management.