Technical analysis by tommie1337 about Symbol PAXG on 7/15/2025

XAUUSD The price is currently faced with a strong resistance that has been tested many times before in the range of 3.365 - 3.370 USD/ounce. Prior to the fVG in the region of 3,330, the technical response to the rise in the Gold, the decision is currently in the decision phase. The latest candle formations show that buyers gain strength; Long -bodied and short -tailed candles point to an upward support supported by demand. In addition, Ichimoku cloud and FVG support forms the technical basis of the rise trend. But attention! The US CPI data and the speeches of the FED members to be announced today may cause sudden changes in the market. If the inflation data comes above expectations, the dollar may strengthen and pull down the bottom. It is useful to be careful at this level: the daily closing over 3.370 can carry the gold to the 3,390 - 3.400 range; However, if the resistance cannot be broken, a correction below 3.340 may be inevitable.