Technical analysis by HavalMamar about Symbol PAXG on 7/17/2025

XAU/USD, the trading pair for gold (XAU) against the US dollar (USD), reflects the value of one ounce of gold in dollars. When traders short XAU/USD, they anticipate a decline in gold prices relative to the dollar—often due to stronger U.S. economic data, rising interest rates, or reduced geopolitical tensions, which boost the dollar’s appeal over gold. This pair is sensitive to inflation, Federal Reserve policies, and global risk sentiment, making it a key instrument for both hedging and speculation in volatile markets.