Technical analysis by MohammedQais about Symbol PAXG on 8/4/2025

The weekly analysis of global financial markets For the period from Monday, August 4 to Friday, August 8, 2025 Prepared by: Economist Muhammad Qais Abdul Ghani May the peace, blessings, and mercy of God be upon you, I welcome you, dear followers, in a new weekly analysis of the most important currency pairs, goods, and global indicators, which we start as usual with a review of the most prominent economic data expected during this week, followed by an artistic analytical view of the most important markets. First: The most important economic data this week Monday 4 Aug: A bank holiday in both the United Kingdom and Canada. Tuesday 5 August: ISM Services PMI in the United States. ISM NON-Manufacturing. Wednesday, August 6: American crude oil stocks report. Thursday, August 7: The interest decision on the pound sterling. The inflation report issued by the Bank of England. American unemployment complaints. Analysis and expectation: Although the week does not carry a significant momentum in the number of data, the expected decision for the England Bank regarding interest and the indicators of the service sector in the United States may have a noticeable impact on market movements, especially in light of the increasing focus on the performance of the American economy during the current stage. Second: Technical analysis of the most important assets US dollar index (DXY) The index faces renewable sale after the issuance of shocking US data for the markets. Clean support level: 98.0 - Its break will increase the dollar twice and target 96.0 levels, then 94.5. Positive scenario: depends on the return above 100. EURUSD A clear exit from the emerging canal, re -test of the 1.1600 region. Stability is the lowest 1.1600: The landing supports about 1.1400, then 1.1250 and perhaps 1.1120. Cancel the negative scenario: it is only by returning the price above 1.1600. Bitcoin / Dollar (BTCUSD) Bitcoin is in the stage of erasing losses, and the declines are still within the technical correction. Stability above 110,000: Supports positive outlook. Return above 116,500: open the field about 122,500, then 130,000. Breaking 110,000: This scenario is canceled. Gold (xuusd) Gold recorded a significant increase after the issuance of US job data, which was suddenly negative compared to the ADP report, which was positive. Technical analysis: Stability above $ 3300: Gold keeps a positive range in the medium term. The next goal: penetration of 3400 opens the field about 3520, then $ 3640 for the off. Breaking 3300: The ascending scenario is null and void and returns gold to the patch. Third: American stock indicators DJI Industrial Index (DJI) Stability above 43,000: Supports the continuation of the upward momentum. The penetration is above 44,500: The index may pay about 46,000, then 47,000. Fracture of 43,000: weakens the positive view. Nasdaq Index Portable support: 22,450 - Stability above keeps the possibility of resuming ascending. Return over 23,300: Supports direction about 24,750. Landing below 22,450: the ascending scenario is weakened. conclusion The current week may seem light in terms of the number of data, but it is not without possible surprises at the geopolitical and economic levels, especially in light of leaks on internal conflicts over American monetary decisions and reactions that may be political in nature on employment reports. Question for discussion: Do you think that gold will penetrate the 3400 dollar barrier and continue the boarding journey, or will the market return to a wave of corrections while continuing uncertainty? Share your opinions and analyzes in the comments.