Technical analysis by blocksat about Symbol PAXG on 6/25/2025
https://sahmeto.com/message/3631804
blocksat
Rank: 13206
Analytical Power:
1.6
Gold Forming Triple Top – Correction Ahead?
Neutral
Price at Publish Time:
$3,348.49

Gold is currently showing a triple top pattern while holding at a key trendline support. With geopolitical tensions easing, US inflation cooling off, and a potential Fed rate cut on the horizon, gold may be set for a correction. A drop toward the $2,900/oz zone looks likely — this will be a critical support level. A break below it could trigger a long-term downtrend.
Source Message: TradingView