Technical analysis by Trade_Hive_Signals about Symbol PAXG: Buy recommendation (8/24/2025)

Trade_Hive_Signals

Technical portrait today General signal: opinions on the XAU/USD instrument are moderately bullish. On Investing.com — Strong Buy on most timeframes. According to medium-term and long-term moving averages: 11 “Buy” signals and only one “Sell”, also a significant advantage in the indicators in favor of “Strong Buy”. Trend: gold is trading above its key SMA/EMA (20–200), which supports the bullish structure. RSI is in the ~70 area, MACD — Buy, ADX — Buy, which confirms the strength of the bullish momentum. Support and resistance levels Price boundaries for today: Support: $3,310–3,270 — a critical zone; a breakout here may initiate a correction. Resistance: $3,360–3,410 — a zone where a local pause or rebound is possible. Stock Forecast Today's forecast is a slight increase to ≈ $3,375, with further potential to $3,412 by the end of the week. Bullish sentiment remains. Macro and analytics from banks RBC Capital Markets remain optimistic: they believe that gold can reach $3,722 by Q4 2025 and $3,813 by the end of 2026 in the base case, remaining above $3,100-3,500. Goldman Sachs also forecasts growth: to $3,700 by the end of 2025, and $4,000 by mid-2026, especially under the drive of ETF investments and central bank demand. At the same time, HSBC warns of weakening momentum: a pullback is possible, especially if physical demand decreases and the positive sentiment regarding the Fed slows