Technical analysis by SroshMayi about Symbol PAXG on 9/4/2025

Gold – Overview Gold’s record-breaking rally saw profit-taking, with traders now awaiting direction from today’s ISM and ADP data, which are expected to drive volatility. Technical Outlook: 📉 Bearish scenario: While trading below the pivot at 3,544, price may drop to 3,527. A confirmed 15M close below 3,527 would extend the move toward 3,512 → 3,498. 📈 Bullish scenario: Stabilization above 3,545 would support a corrective move toward 3,557. A confirmed 30M/1H close above 3,557 would accelerate bullish momentum toward 3,574 → 3,588. Key Levels: Pivot: 3,544 Support: 3,527 – 3,512 – 3,498 Resistance: 3,557 – 3,574 – 3,588 Bias: Bearish while below 3,544; bullish correction begins above 3,545 with momentum strengthening on a breakout above 3,557.