Technical analysis by ABU-RAYAN about Symbol PAXG on 9/3/2025

ABU-RAYAN

Written by the analyst Professor: Asaad Aburian We also expected in the previous article (the calm gold that precedes the storm) Gold was quietly walking in a upscale continuity model on the daily break, and with each approach to the resistance of $ 3450 we were watching the moment of decisiveness. Indeed, the penetration occurred, and gold blew a strong impulsion, achieving the first goal at 3560 dollars at a remarkable speed, stressing the strength of the artistic model and the accuracy of the previous reading. Updated technical levels First support: $ 3450 (now turns into a major support level after penetration) Second support: $ 3360 Next Resistance: $ 3620 Expected Goals: 3620 - 3700 - 3780 dollars Basic analysis Markets continue to read federal messages as a sign of slowing cash tightening, which increases the appetite for investors of gold. Besides, global geopolitical tensions and the increasing strategic demand from central banks add additional fuel to the emerging wave. Summary Gold entered a new stage after penetrating 3450 dollars, as it is no longer just expectations, but rather a rising reality that is confirmed by numbers. The current wave may be just the beginning of a larger journey towards new historical peaks, and the previous calm was only a prelude to the storm that already began.