Technical analysis by thesharkke about Symbol PAXG: Buy recommendation (7/9/2025)

Hello,Gold is once again forming a bullish flag, a perfect pattern for another bullish cycle. Since end of April 2025, Gold has been correcting after reaching the all time high. We see an opportunity for buys as we come closer to the low of the correction. The MACD indicator is showing signs of an upcoming bullish crossover further reinforcing the thesis. From a fundamentals point of view Gold price continued to face hurdles since last week after the precious metal edged lower since last week as the US June Nonfarm Payrolls (NFP) report altered the US Federal Reserve (Fed) policy expectations.Should the prices come further down, Investors may consider entering positions for this asset.Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.