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

GOLD – Update Gold futures eased slightly but remain on track to end the week higher, supported by growing bets on a September Fed rate cut. While recent U.S. economic data added uncertainty that could temper the rally, ongoing geopolitical risks continue to underpin safe-haven demand. Technical Outlook: Price stabilized above 3402, maintaining bullish momentum toward 3422 as previously highlighted. In the near term, a correction back to 3402 is possible. If PCE prints hotter than expected, gold could extend losses toward 3393 → 3383. If PCE comes in softer or in line, bullish momentum should resume from 3402, targeting 3420 → 3436 → 3450. Key Levels: Pivot: 3413 Support: 3402 – 3393 – 3383 Resistance: 3420 – 3436 – 3450 📌 Bias: Neutral into the PCE release. Watch the 3402–3413 zone for directional confirmation.GOLD – Live Update | Moving Well over $102 Gold continued its bullish momentum, reaching our fresh target at 3,502, exactly as mentioned in the previous update. The metal still holds upside pressure, with the next target at 3,516. Timeframes: 1H, 15M Current Price: 3,502