Technical analysis by Mark804 about Symbol PAXG: Sell recommendation (7/28/2025)

In the XAU/USD 2025 Forecast, FXStreet analyst Eren Sengezer suggests Gold’s 2025 outlook depends on Federal Reserve (Fed) policy, Donald Trump’s decisions and geopolitics. A bearish scenario could unfold if geopolitical tensions ease, inflation remains persistent and United States-China trade tensions weaken China’s economy, reducing Gold demand. A hawkish Fed could also pressure prices. On the bullish side, continued global policy easing, a recovering Chinese economy or escalating geopolitical conflicts could boost safe-haven flows into Gold, supporting its resilience and pushing prices higher. Gold's technical outlook suggests weakening bullish momentum, with the RSI at its lowest since February and XAU/USD. Key support lies at $2,530-$2,500, with further declines potentially targeting $2,400 and $2,300. On the upside, resistance at $2,900 could limit gains, with additional barriers at $3,000-$3,020 and $3,130 if Gold attempts a new record high. SUPPORT 3,326 SUPPORT 3,336 SUPPORT 3,350 RESISTANCE 3,306 RESISTANCE 3297