Technical analysis by ClaudeEddie about Symbol PAXG on 7/5/2025

The general trend of gold this week is mainly in line with my analysis and expectations. At the end of last week, I had a clear rise at the level of 3245, which was achieved as expected on Monday, and bounced strongly at the beginning of the week. And because ADP data is positive for gold, many traders believe that non -agricultural data is also positive, but I don't think so. Non -agricultural data is not necessarily positive as ADP, and it is common for the two to be opposed. The facts have confirmed the validity of my expectations again. Next week, we will focus on gold news! In April, Trump launched a customs war. After nearly three months of commercial negotiations, only the United Kingdom and Vietnam signed customs agreements with the United States. On July 3, local time, and six days before the end of the 90 -day customs duties suspension period, Trump was impatient and decided to issue a letter of tax increase directly to his global trading partners, informing them directly at the customs duties rates to be paid, instead. From continuing complicated commercial negotiations with them. If the final statement of customs duties refers to the escalation of commercial tensions, it is expected that the deadline for American customs duties will be strengthened next week the attractiveness of gold as a safe haven, and helps it to some extent. Why is it considered a specific rise, not a significant rise and fracture? Due to the Geneva Framework Agreement, China has given special treatment this time, and it is not listed on the list of notifications. Therefore, the effect this time is much lower. It is estimated that there is no hope to break the 3500 summit. I think the maximum is about 3400. As for the conditions of the market, after the non -agricultural decline on Thursday, the general fluctuation was not large on Friday due to the US Independence Day holiday, and in general maintained a volatile direction. The continued rise in gold and its exceeding the mono -side market depends on the next week on the possibility of breaking the strong pressure to the level of 3400, which is also a major continuation of the decrease in the early stage. As long as the price remains, the speculators will remain unstable and may retreat at any time. On Monday, gold will focus on two sites: 3352 and 3322. If the opening rises first around 3352, it is possible to sell; If the opening decreases first, pay attention to the 3322 line and buy. Depending on the strength of today and the direction of the European session, the direction and planning of the evening will be determined. The choice of the most stable trading and planning methods is the key to our long -term development in this market and our horse.