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 dataWeakening 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.