Technical analysis by Moon-ForexAcademy about Symbol PAXG: Buy recommendation (8/3/2025)

XAU / USD trend forecast next week: 04 August - 08 August 2025 ⚠️Gold rebounded sharply after tagging a one-month low of $3,268 on Thursday, as a hot jobless claims print was offset by a massive downward revision in May and June payrolls — slashed by a combined 258K. That marks the second-largest two-month NFP revision since 1979, second only to the April 2020 shock — a clear signal that the US labor market may be losing steam faster than anticipated. Fed rate cut expectations firmed on the back of the data. The CBOT’s December 2025 fed funds futures now price in roughly 57 basis points of easing by year-end, while markets assign a 76% probability of a 25 bps cut in September, targeting the 4.00–4.25% range. On the geopolitical front, things are heating up. President Trump unleashed a new tariff barrage against multiple trading partners, while simultaneously escalating tensions with Moscow — reportedly deploying two nuclear submarines in response to provocative remarks by Russian Deputy Chairman Medvedev. Medvedev accused Washington of pushing Russia toward war after the US shortened its deadline for a peace deal with Ukraine. Traders should remain alert as both macro and geopolitical risks feed volatility across assets. ⚠️ Gold prices are positive again when news is favorable for USD, continuing to maintain a fairly wide accumulation price range of 3250 - 3450 🚨 Resistance zone: $3387 , $3440 🚨Support zone : $3335, $3314, $3292 Safe and profitable trading