Technical analysis by OzgunDashdan about Symbol PAXG: Buy recommendation (8/26/2025)

GOLD It updates its local summit, but it encounters pressure in the 3375-3400 region. In the market ascension tendency (bull), the dollar is consolidated. Investors are waiting for signals and stronger drivers ... Following the weakening of the US dollar and the decrease in US Treasury bond returns, Gold continues to rise by approaching $ 3400. Basic factors: Trump's new customs tariff threats for Chinese goods and the attack on the FED (Lisa Cook dismissed) weakens the confidence in US assets (pressure on the dollar). Soft Fed Rhetoric: Following Powell's speech, interest rate reduction expectations in September strengthened. ** Lock Risks: ** The recovery of the dollar due to trade war threats, the ability of incoming US economic data to arrange interest expectations and the climbing of the trade war support the demand for safe assets. The short -term dynamics of gold will depend on the balance between the Fed's soft monetary policy and trade tensions Resistance levels: 3500, 3450 Support levels: 3369, 3362, 3358 As a part of the correction, the market may test the local support zones in the current transaction range, then the Gold can return to the 3375-3379 levels to maintain its rise to 3500, 3450 levels.