Technical analysis by unichartz about Symbol PAXG: Buy recommendation (8/7/2025)

Gold has been showing textbook price action. After years of testing, the long-term trendline was finally broken and then flipped into solid support, classic breakout-retest behavior. Former resistance zones have consistently turned into support on the way up, confirming bullish strength. Now, price is consolidating in a tight range near all-time highs, this is not weakness, it's accumulation. As long as the structure holds, this looks like a potential launchpad for the next leg higher. Patience pays in gold; accumulation leads to expansion. DYOR, NFA Thanks for Reading!