Technical analysis by fxpremiere about Symbol PAXG on 8/28/2025

XAU/USD News Update – August 28, 2025 Gold (XAU/USD) is trading with heightened volatility today as traders weigh shifting expectations on U.S. monetary policy and global risk sentiment. After testing resistance near $2,470, the metal faced selling pressure but remains well-supported above the $2,440–$2,445 zone. Key drivers include: U.S. Dollar strength easing slightly, giving gold room to stabilize. Treasury yields remain choppy, keeping investor attention on Jackson Hole commentary and upcoming U.S. data. Geopolitical tensions continue to underpin safe-haven demand, limiting downside risks. 📌 Levels to watch: Resistance: $2,470 / $2,485 / $2,500 Support: $2,445 / $2,430 / $2,410 Momentum remains bullish above $2,445, but a break under this zone could invite a deeper retracement toward $2,410. A decisive push through $2,485 would re-ignite the uptrend toward $2,500+.