Technical analysis by JohnZik0 about Symbol PAXG: Buy recommendation (8/18/2025)

As the charts show, gold looks overbought — but the final leg of this move is likely to be the most explosive. I can’t say for sure what catalyst will trigger that push, but my guess is that Trump could revalue gold’s official book price from $35 to match the market spot price. If that happens, gold could surge to around $5,700. From there, I expect a major correction, with prices retracing about 60% between April 2026 and January 2028. This is just my personal outlook, not financial advice.