Technical analysis by SroshMayi about Symbol PAXG: Buy recommendation (6/23/2025)

GOLD – Technical OverviewGold maintains bullish momentum, driven by heightened geopolitical tensions in the Middle East, which are increasing safe-haven demand.The price is approaching the pivot level at 3379. A confirmed 1-hour close above this level would likely extend the bullish trend toward 3393 and 3404.However, if the price remains below 3379, we may see a short-term bearish correction toward 3364, potentially dipping as low as 3339 before resuming the upward trend.Key Levels• Pivot: 3379• Resistance: 3393, 3404• Support: 3364, 3339