Technical analysis by ActuaryJ about Symbol PAXG: Buy recommendation (7/14/2025)

Gold technical analysis Daily chart resistance 3412, support below 3339 Four-hour chart resistance 3400, support below 3349 One-hour chart resistance 3390, support below 3353 Gold news analysis: In the Asian market on Monday, spot gold hit a high of 3374, a new high since June 23. Trump announced last weekend that he would impose a 30% tariff on goods imported from the European Union from August 1, further heating up the market's concerns about international trade and providing momentum for gold prices to rise. Gold prices rose 1% last Friday, closing at 3357, as investors sought safe-haven assets after US President Trump announced multiple tariff measures. Analysts said the uncertainty premium has returned to the market again. Last week, Trump stepped up his tariff offensive against Canada, saying that the United States would impose a 35% tariff on Canadian imports in August and planned to impose a comprehensive tariff of 15% or 20% on most other trading partners. Trump also announced last week that he would impose a 50% tariff on imported copper and a 50% tariff on Brazilian goods. Gold operation suggestions: From the current trend analysis, the support below focuses on the four-hour level 3349--53 range support, and the upper pressure focuses on the suppression near the 3400-3412 range. The short-term long and short strength dividing line is 3350. If the four-hour level stabilizes above this position, continue to buy on dips. Buy: 3350near Buy: 3356near