Technical analysis by Bintkhalifa about Symbol PAXG: Buy recommendation (8/1/2025)
Bintkhalifa

Gold Technical Analysis (Xauusd) - for the month of August 2025 based on the attached chart: The current price of the price: The price is traded at: 3292.74 The price behavior is clearly descending after breaking the previous gradient peaks. The price is very close to a powerful demand area between 3220 - 3273, which is an area from which the price was previously bounced. Support and resistance areas: 🟣 Strong support (potential purchase zone): 3220 - 3273 (Repeated Request Display) 🔴 major resistance (possible goals): 3332 3395 3438 3503 Purpowering scenario: Entry from: 3273 - 3220 (within the request area) Stop loss below 3220 with 20-30 points (according to the capital management) Possible goals: The first goal: 3332 The second goal: 3395 The third goal: 3438 Fourth goal: 3503 ✅ Entry Conditions: A clear reflection on the H4 or Daily inside the area. Pure momentum + purchasing volume. Great scenario: Selling is not preferred now except in one case: a frank fracture and close below 3220 with a daily candle. In this case, we may see more landing towards regions: 3150 - 3120 Connecting with the broader market: The dollar: If the dollar continues its strength (especially after installing the last interest in July), pressure on gold may continue. Petroleum: Any acute oil height due to geopolitical tensions may temporarily support gold as a safe haven. 😨 Market feelings: The market is in cautious, and any sudden inflation news or a liquidity crisis that prompts gold to climb. Conclusion: The exact monitoring of the 3273 - 3220 area is the key. If the price is proven there and technical purchasing signals appear, the entry is with a calculated stop and clear goals. Selling only with a clear break of the demand area, otherwise it is considered a high risk. ⚠️ This analysis does not represent an investment recommendation or an invitation for sale or purchase. Rather, it is a technical opinion and educational content only.