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

Is gold coming $ 3,600? The accumulation zone says everything! Gold shows price movements. After years of tests, the long-term trend line was finally broken, and then became a solid support, a classic rupture-reducing test behavior. The old resistance zones constantly turn into support on the rise to confirm the power of the rise. Now, the price is consolidated in a range of dar close to the highest levels of all time; This is not a weakness, the accumulation. As long as this structure is preserved, this seems to be a potential jumpboard for the next wave of ascension. Patience works underneath; The accumulation leads to expansion.