Technical analysis by DeGRAM about Symbol PAXG: Buy recommendation (8/11/2025)

📊 Technical Analysis ● XAUUSD is consolidating within a narrowing wedge, holding above the 3,309–3,320 support zone while repeatedly testing the upper boundary. ● A breakout above 3,366 would confirm bullish momentum toward 3,435, with dips likely finding buyers at mid-channel support. 💡 Fundamental Analysis ● Softer US PPI data and declining Treasury yields have renewed interest in non-yielding assets like gold. ● Rising central bank gold purchases in July strengthen medium-term demand prospects. ✨ Summary Buy above 3,366; target 3,435. Setup remains valid while holding above 3,309. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!