Technical analysis by NEoWave-Chart about Symbol PAXG: Buy recommendation (8/1/2025)

#GOLD #XAUUSD UPDATE As I mentioned earlier, gold was forming a contracting triangle. The wave-(e) of the triangle has formed a double pattern diametric-X-triangle and has moved beyond my expectations (the post-pattern movement has passed ), breaking the trendline of (a)-(c). However, since it did not exceed the end of wave-(c), the contracting triangle has not been invalidated. We expect gold to gradually rise from this range and surpass $3,500. Good luck NEoWave Chart