Technical analysis by Moon-ForexAcademy about Symbol PAXG: Sell recommendation (8/4/2025)

XAU / USD : trend forecast AUGUST 04, 2025 Scalping ⚠️U.S. President Donald Trump abruptly dismissed the head of the Bureau of Labor Statistics just hours after the release of weak employment data, while Fed Governor Adriana Kugler stepped down from the central bank's board. These developments come amid mounting political pressure on the Federal Reserve to cut rates, raising fresh concerns over the Fed's independence. Such political interference could dampen any meaningful rebound in the U.S. Dollar and offer continued support for the non-yielding Gold. Adding to geopolitical tension, Trump ordered the deployment of two nuclear submarines near Russian waters following aggressive remarks from former Russian President Dmitry Medvedev, who warned that each ultimatum from Trump would be treated as a direct threat and escalation toward war. These factors combined are likely to sustain safe-haven flows into Gold. ⚠️ Gold price is mostly consolidating sideways below 3360 trend line before US session. 🚨/// SELL GOLD : zone 3360-3363 scalping SL: 3366 TP: 50 - 100 - 200pips ( 3343 ) Safe and profitable tradingXAU break 3360 , continue increase touch 3385