Technical analysis by Trend_logic about Symbol PAXG: Buy recommendation (8/10/2025)

Gold continues to climb within a well-defined ascending channel, with price action staying above the Ichimoku cloud, signaling ongoing bullish momentum. Buyers have stepped in strongly at each retest of the channel’s lower boundary, creating a series of higher highs and higher lows. In the midst of this technical setup, market sentiment is being shaped by upcoming geopolitical events, particularly the planned meeting between Donald Trump and Vladimir Putin to discuss the Ukraine war. The summit has fueled safe-haven demand, as traders anticipate potential market volatility depending on the outcome. This combination of strong technical structure and heightened geopolitical uncertainty keeps the bullish case intact. The chart’s blue arrow suggests further upside toward the channel’s upper resistance if momentum holds. As long as gold remains above key support zones, buyers are expected to maintain control in the short term. Entry Buy: 3375/3380 Target Point: 3430 If you found this analysis helpful, don’t forget to drop a like and comment. Your support keeps quality ideas flowing—let’s grow and win together! 💪📈