Technical analysis by MohammedQais about Symbol PAXG on 7/8/2025

A comprehensive economic and technical analysis of gold preparation: Economist Mohamed Qais Abdul Ghani, the introduction to the price of gold at the present time, a decisive moment that may determine its course for the coming period, as it seems that the market decision in the coming hours may be the difference between the continuation of the rising direction or the entry into a deep correction wave. In this analysis, we highlight the economic and geopolitical developments that may play an influential role, and together we monitor the most prominent possible scenarios of the gold movement during the current week. First: the economic and the biological analysis on the economic level, the momentum is absent from the economic idea this week except for two events that may have a limited impact, namely: the minutes of the Federal Committee of the Open Market (Wednesday). American (Thursday). On the geopolitical level, the uncertainty is renewed in the markets after imposing new American customs definitions on countries such as Japan and South Korea, which led to the return of concern about the outbreak of a new wave of commercial wars. For gold, looking at the graph, we note that gold is still moving around the moving average for 55 days, and with the stability of prices below the previous closure level at 3339 dollars, signals began to appear on a corrective possibility aimed at re -testing the main rising trend line at the technical support area of ​​3260 dollars. Possible scenarios: Positive scenario: In the event that gold maintains at the level of 3260 dollars, this movement will remain corrective and healthy within the direction The average rising. The negative scenario: In the event that the decisive support is broken at 3260 dollars, we may witness a deeper correction of about 3120 dollars and then 3000 dollars. In the event that this fracture is achieved, prices may target 3260, 3240 areas, and perhaps 3180 dollars. When is this opportunity to be canceled? If prices fail to break the level of $ 3300 and do not meet the conditions of the fracture, the opportunity is considered null. The inflation environment and geopolitical uncertainty. For those who are cash (physical) in the short term: it is preferable to wait until the level of the level of 3260 dollars and the emergence of clear technical signals (Price Action) to buy. Whoever wants to sell his gold: if you are investing and approached the end of your investment cycle, it may be the right time to reap profits. If you need only liquidity, So the quantity you need only and does not overlook the rest. In conclusion, it passes through a sensitive area, and the movement of the coming days may determine its course for the short and medium term. Follow the price movements accurately and do not rush to make your decisions without clear technical assurances. A question for the discussion: In the event that gold is broken to the level of 3260 dollars, do you expect the decline to continue about 3000 dollars or do you see it as an opportunity to buy? Share your opinion on the comments. Prepared by: Economist Muhammad Qais Abdul Ghani