Technical analysis by FM-ForexMastermind about Symbol PAXG: Buy recommendation (7/30/2025)

🔔🔔🔔 Gold news: ➡️ Gold prices rebounded slightly on Tuesday after four consecutive days of losses, supported by weaker labor data and a weaker US dollar after a four-day losing streak. ➡️ The number of jobs created in the JOLTS report fell to 7.437 million, raising concerns about the hiring situation amid continued tariff uncertainty. ➡️ Falling Treasury yields also contributed to the recovery of gold prices from a three-week low near $3,300. Personal opinion: ➡️ Sellers are beginning to lose momentum and are holding back ahead of the upcoming U.S. Federal Funds Rate announcement, avoiding risky moves until more clarity emerges. As a result, gold prices are likely to edge higher slightly and remain in a wait-and-see mode for key upcoming news. ➡️ Analysis based on support resistance levels and trend lines combined with EMA to come up with a suitable strategy Personal Plan: 🔆Price Zone Setup: 👉Buy Gold 3262 - 3265 ❌SL: 3258 | ✅TP: 3269 - 3274 – 3280 👉Sell Gold 3343 - 3346 ❌SL: 3350 | ✅TP: 3338 - 3333 – 3328 FM wishes you a successful trading day 💰💰💰Touch 3268 and bounce back to 3296 Did not match the sell zone 3265. Missed 280 pips profit regretfullyGold price is reacting at the resistance zone trend line