Technical analysis by TradingShot about Symbol PAXG: Buy recommendation (6/9/2025)

Gold (XAUUSD) has been practically on a non-stop aggressive rise since the late 2022 Low. What's more interesting is that during this 2.5-year Bull run, the U.S. Inflation Rate (red trend-line) has been on a sharp decline, which is something you wouldn't traditionally expect out of a save haven asset like Gold.On the contrary, Gold has been historically used as a hedge against high inflation, so when Inflation drops, you would have technically expected for Gold to drop too (and vice versa).Since 1970, there have only been another 4 (relatively long) time periods when Inflation declined while Gold increased. On all occasions, Gold extended the rise by at least 1 year even when Inflation reversed.In our opinion, the current divergence looks more like 1970 - 1972 and 2008 - 2009. This suggests that Gold is still within a Bull Cycle and has some more room to rise before a new Bear Cycle starts. Long-term we remain bullish on Gold.-------------------------------------------------------------------------------** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **-------------------------------------------------------------------------------💸💸💸💸💸💸👇 👇 👇 👇 👇 👇