Technical analysis by Matthew_8888 about Symbol PAXG: Buy recommendation (8/13/2025)

Gold is currently showing signs of gradual technical recovery on the 4-hour chart after a period of consolidation. The price is slowly breaking out of the previous low-range oscillation zone, with short-term moving averages beginning to curve upward and diverge, indicating a potential strengthening trend in the near term. Moving forward, watch for a possible secondary upward surge after a retracement and consolidation. In the short term, keep an eye on the resistance zone around 3380. On the hourly chart, there has been a minor pullback, but the momentum and follow-through remain limited. The expectation is that after a brief adjustment, the upward trend may continue with further room for gains.