Technical analysis by Moon-ForexAcademy about Symbol PAXG: Buy recommendation (8/5/2025)

XAU / USD : trend forecast AUGUST 05, 2025 Scalping ⚠️China and the US — the world’s two largest economies — remain at an impasse over a trade agreement. US Treasury Secretary Scott Bessent noted that any extension of the 90-day tariff truce, set to expire later this month, rests solely with President Trump. This ongoing uncertainty is keeping markets on edge and continues to underpin demand for safe-haven assets like Gold. Meanwhile, the US Dollar has found some support, pausing its post-NFP decline after hitting a one-month high, which in turn is capping further upside in XAU/USD. With traders reluctant to take fresh directional positions, attention now shifts to the upcoming US ISM Services PMI release for potential cues on the next move. ⚠️ Gold price adjusted, returned to the support price zone with large liquidity. Waiting for an increase reaction 3362 🚨/// BUY GOLD : zone 3362-3359 scalping SL: 3356 TP: 50 - 100 - 200pips ( 3379 ) Safe and profitable tradingExactly trend , increase . GOLD hit 3390