Technical analysis by ArmanShabanTrading about Symbol PAXG: Buy recommendation (8/5/2025)

ArmanShabanTrading

By analyzing the gold chart on the 4-hour timeframe, we can see that after hitting the first target at $3361, gold continued its rally and reached our second supply level at $3385. Upon reaching this key level, the price faced strong selling pressure, dropping over 350 pips down to $3349. Gold is now trading around $3363, and if it can hold above the $3350 support level, we could expect another bullish push. The next upside targets are $3367, $3375, and $3385. This analysis will be updated in the coming hours with your continued support! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman ShabanFirst and Second Targets Reached (3367 and 3375) , CHEERSI haven’t even dropped the official signal yet… and this analysis already smashed all 3 targets: $3367, $3375, and $3385 — all hit perfectly! 🎯 That’s the power of precision 🔥 Let’s keep the momentum going — the next move is almost ready! Did you get that move ? 👇🏼😎By analyzing the gold chart on the 4-hour timeframe, we can see that after our previous analysis, gold began to rise and successfully hit all three targets — $3367, $3375, and $3385 — delivering over 230 pips in returns! After reaching $3390, it faced some selling pressure and is currently trading around $3380. Now, the key question is whether gold can finally reach the $3399 zone tomorrow — a major bearish area we've been watching closely. As mentioned in previous updates, this zone is critical, and we should closely monitor the price reaction there. Hope you made the most of this move — and don’t forget to support this analysis so we can drop another powerful gold update tomorrow!