Technical analysis by KnightsofGold about Symbol PAXG on 8/31/2025

THE KOG REPORT: In last week’s KOG Report we said we would continue with the chart we shared for Jackson Hole as it was going to plan and the move was expected to continue. We said we would be looking for the red box to be tapped and as long as it didn’t break, a move downside into the lower red box defence was likely. This move worked nearly to the pip giving traders a nice short trade. We then said, as long as we’re above the defence box, we’ll continue the range and look for more upside, which as you can see again played well between the boxes and then the break occurred, giving us the move upside. A decent week in Camelot, not only on Gold but the numerous other pairs we trade and apply the algo to. So, what can we expect from the week ahead? Many traders will be looking at this and thinking we’re too high and stretched here to attempt a long, which is the right plan for now. Having said that, we’re not discounting a move upside during the early session, with the first level above being the 3455-60 region. It’s this region, if rejected, that can give traders the potential opportunity to attempt the short trade initially into the 3440-35 region which is the level that needs to be watched if attacked for a break. Above, that key level 3460 is the region bulls need to push us over with volume in order for us to then look at targeting higher pricing with levels above 3468 and above that 3485-90 There isn’t a lot on the fundamental front this week apart from NFP on Friday so expect there to be a lot of choppy price action and ranging towards the middle of the week pre-event. KOG’s bias of the week: No bias for the week, we’ll release the daily bias instead and play level to level RED BOX TARGETS: Break above 3450 for 3455, 3462, 3468 and 3480 in extension of the move Break below 3440 for 3436, 3430 and 3422 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOGWe broke above and hit our red box completing the bullish targets and getting the RIP.