Technical analysis by fxpremiere about Symbol PAXG on 8/21/2025

XAU/USD News Update – August 21, 2025 Gold prices remained range-bound today as traders balanced between safe-haven demand and shifting expectations for U.S. monetary policy. XAU/USD hovered near the $2,420 level, showing resilience despite a firm dollar and steady Treasury yields. Investor sentiment is cautious, with market participants awaiting upcoming U.S. data that could influence the Federal Reserve’s next moves. While inflation concerns appear to be easing, geopolitical uncertainty continues to provide underlying support for gold as a hedge against risk. On the technical side, XAU/USD is holding above key support at $2,400, with resistance marked near $2,445. A decisive break below support could trigger deeper downside toward $2,375, while a push above resistance would likely open the path for another test of the $2,480 zone. With risk sentiment mixed, short-term volatility in gold remains elevated. Traders are closely monitoring the dollar’s trajectory and global macroeconomic headlines for clearer direction in the sessions ahead.