Technical analysis by TVS-Trader about Symbol PAXG on 7/23/2025

📈 Gold Trend Analysis – Strong Uptrend but Signs of Slowdown Gold continued to set a new peak for the week when closing the day above 3430 – confirming that the uptrend is still dominant. However, buying power is starting to slow down as the market formed a fairly wide range, around 50 prices in today's session. Profit-taking pressure at high prices can create a short-term correction, opening up two-way trading opportunities for flexible investors. 🔑 Important technical levels (Key Levels): 🔻 Resistance zone & Sell zone: 3445: Price rejection zone – can consider selling if price fails to break through. 3463: Strong Sell zone – expect increased supply here. 🎯 Sell target: 3405: Nearest support, target for short-term sell orders. 🟢 Buy Setup: 3402: Breakout zone in US session – if price breaks strongly through this support with good volume, consider buying on the next uptrend.Gold price remains depressed as US-Japan deal optimism undermines safe-haven demand Gold price rebounds slightly from the daily low touched during the early part of the European session, though it lacks follow-through and remains in the red below the highest level since June 16, touched this Wednesday. The optimism over a US-Japan trade deal remains supportive of the upbeat market mood.