Technical analysis by GoldMarketKiller about Symbol PAXG: Buy recommendation (7/10/2025)

Here’s your today’s 4‑hour XAU/USD (Gold vs USD) analysis for July 10, 2025:---📊 Market OverviewTechnical outlook: Gold is in a short-term bearish correction within a potential wedge pattern. Price is hovering near $3,295/oz, testing support around $3,280–$3,285 .Key zones:Support: $3,280–$3,285. A sustained hold may lead to a rebound.Resistance: $3,325–$3,335. Break above ~$3,325–3,330 is needed to resume upward momentum .---🔍 Short-Term ScenariosBullish rebound:If price holds above $3,280 and gold forms a reversal candle (like a hammer), we could see a bounce toward upper resistance: $3,325–$3,365, potentially even $3,375+ .Bearish breakdown:A drop below $3,255 confirms the bearish wedge breakdown, opening a path to $3,185–$3,195 .---🧭 Fundamental DriversDollar & Yields: A weaker USD and falling Treasury yields provide support. Conversely, a stronger greenback or rising yields would suppress gold .Trade tensions: Renewed U.S. tariffs keep safe-haven demand alive, albeit with “tariff fatigue” dampening impact .Fed policy: Markets await FOMC minutes (released today). A dovish tone could weaken USD and lift gold to ~$3,340; a hawkish stance could push it down .---🎯 Trade Setup Ideas (4‑Hour Frame)1. Long SetupEntry: Near $3,280–$3,285 if bullish reversal candle appears.Stop-loss: Below $3,275.Take-profit: Partial at $3,325, full near $3,365.2. Short SetupEntry: On clean break and close below $3,255.Stop-loss: Above $3,270 (just above breakdown zone).Take-profit: Partial at $3,195, extended to $3,185.---🔎 ConclusionNeutral to slightly bearish bias: Leaning bearish unless bounce from $3,280 holds and breaks above $3,325.Watch today's FOMC minutes — could trigger a decisive move.Manage risk carefully with tight stops around the key zones.---Let me know if you’d like chart-based trade plan details or help lining up entry triggers!Trade Runing in profit Enjoy your profit Buddies