Technical analysis by KB_TRADING_CLASS about Symbol PAXG: Buy recommendation (8/28/2025)

KB_TRADING_CLASS

Gold is currently testing the upper resistance trendline, and there is a general possibility of a breakout. However, upcoming news and macroeconomic events could drive the market in either direction, making it a potentially volatile session ahead. At the moment, gold is testing the support level around 3400. Technically, the situation remains ambiguous, and much will depend on the market's reaction to the 3405 level. A strong bounce from this zone could renew bullish momentum, while a break below could signal further downside. If fundamentals weaken further, we may see continued upward movement. In that case, the next resistance area lies near 3450, which could act as a target for any bullish breakout. If You like this idea if you have on Opinion about this analysis Share in comments.