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Technical analysis by MohammedQais about Symbol PAXG on 8/25/2025

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MohammedQais
MohammedQais
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The weekly analysis of gold prices Prepared by: Economist Muhammad Qais Abdul Ghani First: the economic aspect During this week, the markets are awaiting a package of important American data, foremost of which is the local GDP, in addition to the most important indicator for the Federal Reserve to measure inflation, which is the basic personal consumption expenses index (PCE Core), scheduled for Friday. This data is an essential pillar for evaluating the inflation path, and in light of it, the federal may determine its position on reducing interest rates next September, which may be in the interest of gold if the numbers come in support of this trend. Second: The geopolitical side Geopolitical tensions in the Middle East and the world are still a potential support for gold prices, especially if events continue to escalate. On the other hand, if the armistice negotiations between Russia and Ukraine succeeded and advanced towards an actual agreement, this may constitute negative pressure on gold and deprives it of achieving new historical peaks. Third: Technical Analysis Technically, gold is currently trading within a positive, rising track, supported by a bounce of the central support area of ​​$ 3300 an ounce, which meets the main and medium -rising trend line for 55 days. Stability at the top of this level keeps a positive view, and makes any corrective declines just a healthy movement. In the event that gold is able to penetrate the level of 3400 dollars, this may open the field to target the levels of $ 3520 and perhaps register a historical summit at 3640 dollars, especially if the economic data comes in support and coincided with the escalation of geopolitical tensions. On the other hand, the level of 3300 dollars broke a decline that may cancel the positive scenario and change the artistic view towards negativity. Fourth: Trading opportunities • For traders on platforms: Any successful penetration of a level of $ 3380 may constitute an purchasing opportunity targeting 3425 and 3470 dollars, with a loss of loss below $ 3380. • For investors in the long term (alloys and goldsmiths): The current levels are still suitable for purchase in order to hedge and preserve value, as gold historically has proven that it maintains its investment strength over time. • For those wishing to sell: If the sale is aimed at reaping profits after a long investment cycle, it may be appropriate, especially with the approaching prices of historical peaks. In the absence of an urgent need for liquidity, it is preferable to keep gold as a long -term investment.

Translated from: Arabic
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$3,361.24
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