Technical analysis by KINGSLIGHTFX about Symbol PAXG: Sell recommendation (7/1/2025)

Gold has recouped 70% of its prior week's losses, driven by dollar weakness ahead of key events: Powell's speech, PMI data, and JOLTs job openings. Breaking out of its average daily range (ADR), gold trades above the $3,350 liquidity zone. Investors await fundamental data for direction. If the data favors the dollar or Powell's tone remains hawkish, gold may dip to $3,334-$3,300. Conversely, a favorable outcome could propel gold towards $3,380-$3,400 resistance levels with minimal pullback.