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

🔥 Fundamental Drivers 📢 Trump Tariff Announcements (via Truth Social & WH releases): 25% tariffs on Japan and South Korea effective August 1. Targeted retaliatory threats for BRICS-aligned nations. Executive orders signed and trade letters sent. ➡️ Market reads this as risk-off & inflationary = Gold strength. 📉 Goldman Sachs Predicts Early Fed Rate Cuts: Fed terminal rate cut forecast lowered to 3.3-3.25%. Cuts expected to begin as early as September, citing: Softening labor data Weakening inflation trajectory ➡️ Rate cut bets weaken USD = gold demand spikes. 🧊 DXY Reaction: Dollar Index cooled after initial rise — confirms market shift away from USD haven toward gold hedging.