Technical analysis by Habib-Tafazoli about Symbol PAXG on 8/12/2025

Xau usd daily analysis Time frame daily ########## Fundamental and technical analysis 🪙🪙🪙 Gold, after rising in the new year and reaching its highest price last month, is now trapped in a triangle pattern, moving up and down within it.📈📉 According to the chart you can see, there are two possible scenarios — shown in blue and orange — in which the price may continue to move and remain inside the triangle.📐 Only if, within the next three days, during the meeting between Putin and Trump in Alaska, a resolution to the Ukraine war is reached, could gold break out of this triangle. 📅This week, the only news that could have a significant impact on the markets — especially gold — will be this meeting; all other news will fall under the umbrella of this event and its outcomes. Perhaps a renewed flare-up of tensions in the Middle East and the cancellation of the ceasefire between🇮🇷 Iran🇮🇷 and 🇮🇱Israel 🇮🇱could have an even stronger impact than this meeting; however, by the end of the current week, that remains highly unlikely. Nevertheless, as a trader, I will not take the risk of entering a trade in this range on timeframes above one hour, and I will wait until the outcome of this meeting and its impact on the markets become clear.😶‍🌫️