Technical analysis by FM-ForexMastermind about Symbol PAXG: Buy recommendation (7/21/2025)

🔔🔔🔔 Gold news: ➡️Gold (XAU/USD) edged up in early trading on Monday, hovering around $3,366 an ounce. The ongoing uncertainty surrounding trade talks is likely to support safe-haven demand for gold, especially as the U.S. tariff deadline approaches. ➡️ U.S. Commerce Secretary Howard Lutnick announced on Sunday that August 1 is the deadline for countries to start paying tariffs to the United States. Concerns about these new tariffs could push gold prices higher, as the metal is widely seen as a top safe-haven asset during times of uncertainty. ➡️ However, Lutnick clarified that while countries can continue negotiations after August 1, they will still be subject to tariffs starting that day. His comments could provide some reassurance to countries awaiting clarity on Trump's tariff policy. Personal opinion: ➡️ There is no important economic news today, so the gold price will remain in the current uptrend zone. ➡️ Analysis based on support resistance levels and trend lines combined with RSI to come up with a suitable strategy Personal Plan: 🔆Price Zone Setup: 👉Buy Gold 3358 – 3361 ❌SL: 3354| ✅TP: 3365 - 3369 – 3374 👉Sell Gold 3389 - 3392 ❌SL: 3396 | ✅TP: 3385 - 3381 – 3375 FM wishes you a successful trading day 💰💰💰