Technical analysis by TraderTilki about Symbol PAXG on 7/21/2025

Good Morning Traders, Let’s break down what gold is showing us on the 1-day chart: - **Resistance:** 3,378 - **Support:** 3,282 - There’s a noticeable **head and shoulders pattern** on the chart. Under normal conditions, gold’s target sits at **3,170**. Gold is highly sensitive to fundamental factors. Sudden war news or events like last week’s rumors about Trump firing the Fed Chair can trigger serious volatility. That’s why I always combine **technical and fundamental analysis** in my approach. For gold to reach the 3,170 target, the **3,282 support level must first be broken**. Since that hasn't happened yet, we can't confirm a bearish move—fundamentals play a key role here. Keep in mind: this is a **swing trade** setup based on a 1-day chart. Reaching the target could take time. I want to sincerely thank everyone who’s been supporting my analyses with likes—your support is my biggest source of motivation when it comes to sharing content. Much love and respect to you all.💛