Technical analysis by idtasov about Symbol PAXG: Buy recommendation (6/12/2025)

Gold has already completed it's Cup and Handle pattern with a price target of 2700$ and it seems like that the geo-political uncertainty including inflation, inability to predict the future and war tensions/escalations to be in favour for the rising prices of most precious metals. We have already achieved the 2.618 fib extension which would be read as 3288$ and the next price discovery fib node would be between 3.414 and 3.618 or in price terms 4000-4140$.