Technical analysis by SineHeidari about Symbol PAXG: Buy recommendation (7/30/2025)

Gold enters a high-risk environment starting today. All eyes are on Jerome Powell's speech, which will signal whether the Fed remains firm on its hawkish stance or adopts a more dovish tone. 📈 That said, a broader look at the chart suggests the market has already aligned itself with the dominant trend. 🗓️ In addition to today’s speech, tariff-related news expected on Friday doesn’t seem likely to disrupt the ongoing bullish momentum in gold — or in crypto markets, for that matter. 🧠 That’s the general market read I'm sensing right now, but we’ll have to see how it unfolds. 🎯 Personally, I still view the $3290 level as a solid buy zone, with the potential to become one of gold’s historical bottoms.