Technical analysis by DeGRAM about Symbol PAXG: Buy recommendation (8/13/2025)

DeGRAM

📊 Technical Analysis ● XAUUSD rebounded from 3,333 support, reclaiming the midline of its ascending channel and aiming toward the 3,397.5 resistance. ● Price action suggests a short-term bullish leg, with minor consolidation possible before retesting the upper trendline. 💡 Fundamental Analysis ● The dollar eased as Fed officials signaled caution on further tightening, supporting gold’s appeal. ✨ Summary Bullish above 3,333; targets 3,397.5 → 3,435. Invalidation below 3,333. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!📊 Technical Analysis ● XAUUSD is holding above the 3,331 support after a rebound from the ascending trendline, maintaining a bullish structure toward the 3,366 resistance. ● Price is forming higher lows within the broader channel, with a breakout above 3,366 likely opening the path to 3,404 and then 3,435. 💡 Fundamental Analysis ● Gold demand is supported by weaker US Treasury yields and renewed geopolitical tensions, increasing safe-haven flows. ✨ Summary Bullish above 3,331; targets 3,366 → 3,404 → 3,435. Invalidation below 3,331. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!