Technical analysis by FXTradingAnalysis about Symbol PAXG: Buy recommendation (7/5/2025)

Gold is currently trading at $3337, which is an important support level. Earlier, the price dropped to around $3310, but it has since started to recover from that level. This bounce suggests that buyers are stepping in, and the market is showing some strength.Based on this recovery and the strong support at $3332.50, I expect the price of gold to move higher, possibly reaching around $3356 in the short term.