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

RajaSaien

Gold has just broken out of a falling channel, pushing up to the 3337 level — a clear bullish move! ✅But this isn't just technical... the news is backing it too 🔥📢 The US has imposed a 30% tariff on South Africa and 25% on Malaysia and Kazakhstan 🇺🇸Since South Africa is one of the world’s biggest gold producers, these tariffs could tighten global supply.➡️ That means: Gold prices may rise further due to increased demand and reduced supply.🔍 Technical View:Resistance levels to watch: 3385 and 3437Break above these could take gold towards 3540+📊 This is a perfect example of how Technical + Fundamental = Powerful setupTrade smart. Don’t just follow price — follow the reason behind it too! 💹#GoldBreakout #MarketUpdate #SmartTrading #GoldNews #TariffImpact #RajasTrading