Technical analysis by TVS-Trader about Symbol PAXG on 7/10/2025

🔹 XAUUSD Analysis – D1Yesterday's D1 candle showed a strong recovery, closing above 3313, thereby significantly weakening the previous downtrend structure. Currently, the price is reacting very strongly at the trendline around 3284. Buying pressure is clearly appearing, pushing gold back to trading in a wide range.In the short term, the 3328 area will play an important resistance role. If the price cannot break this area, the possibility of a correction down to the Gap price area this morning is quite high. The peak-bottom trading method is still giving suitable signals in the current market context.🔹 Important zones:Support: 3312 – 3295 – 3279Resistance: 3328 – 3339 – 3349 – 3363💡 Strategy:Confirm the trading signal when the price clearly rejects the resistance zones to ensure the highest winning rate.Gold price trades with a positive bias above $3,300 but bullish conviction lackingGold price ticks higher for the second straight day amid a combination of supporting factors. Trade jitters act as a tailwind for the safe-haven XAU/USD pair on the back of a softer USD. Declining US bond yields and Fed rate cut bets further benefit the non-yielding yellow metal.