Technical analysis by The_STA about Symbol PAXG: Buy recommendation (8/29/2025)

Hey there! My name is Karen Jones, content creator for the Society of Technical Analysts. Today, we’re looking at the gold market. At first glance, the chart looks sideways and uneventful since April. But on closer inspection, each recent reaction low has been higher than the previous one (June < July < August). 👉 Why does this matter? It suggests upside pressure is building within the range, pointing toward a potential breakout. 🔑 Key resistance levels to watch: •First hurdle: 3443–3450 •Major breakout: April high near 3500 If these levels clear, we view this as a bullish continuation pattern, opening the door for further upside. Longer-term projections using Fibonacci extensions and historical ranges suggest targets around 3860–3900. ⚠️ This is not investment advice. For educational purposes only.