Technical analysis by lubosi about Symbol PAXG: Buy recommendation (7/12/2025)

3 Reasons Gold Is Ready to Rally with the Rocket Booster Strategy Gold is flashing strong technical signals that align perfectly with the Rocket Booster Strategy, a setup that combines moving average alignment, momentum, and confirmation from trend-following tools. This setup is known for catching powerful bullish moves just before they accelerate. 1. Price above the 50 EMA Gold is currently trading well above the 50 exponential moving average, showing that recent price action is trending strongly in favor of the bulls. This EMA acts as dynamic support and suggests buyers are in control in the short to medium term. 2. Price above the 200 EMA The price is also sitting comfortably above the 200 EMA, which confirms the long-term uptrend is intact. When both the 50 and 200 EMAs are aligned to the upside with price trading above both, it typically reflects strong trend continuation potential. 3. Bullish gap confirmed by Parabolic SAR A bullish price gap has formed on the chart, indicating increased demand and possible news-driven momentum. The Parabolic SAR dots have flipped below price action, adding further confirmation that momentum favors the upside and that the current move could sustain in the near term. This combination of technical conditions creates a powerful setup for traders who follow the Rocket Booster Strategy. The alignment of short-term, long-term, and momentum indicators gives confidence in a possible continuation of the bullish trend. Traders may look for continuation patterns like bullish flags or pullbacks toward the 50 EMA as possible entry opportunities, but should remain cautious of resistance zones and overbought conditions on lower timeframes. --- Rocket boost this content to learn more. Disclaimer: Use a simulation trading account before you trade with real money and learn risk management and profit taking strategies. Trading is risky.