Technical analysis by ClaudeEddie about Symbol PAXG: Buy recommendation (7/1/2025)

The Asian session opened on Monday with a sharp decrease of about 3247, then stopped the decrease and began to fluctuate and rise slowly. Before the European session, it rose to about 3297 before it stopped and retreated. After it decreased to about 3274, he settled again and started to rise slowly. The American session continued to rise. One of the other important points in the market that everyone must pay attention to is the US dollar index to a new low level, and its current price is 96.3. This wave of the US dollar drop is very weak, and there are no indications of its reflux. According to this trend, the US dollar index may continue to decline, and it can reach 88. In the event of a weak US dollar index, it is natural for the market to support gold. Moreover, the gold has not yet came out of the upscale direction. Gold has turned from an early -stage weakness to strength. It is then dependent on the strength of height. It is expected that this upward wave will witness the level of 3350-3400.