Technical analysis by Themba_PM about Symbol PAXG on 9/5/2025

Forecast Overview Ahead of NFP Release Bullish Scenario (Weak NFP Data) Consensus sees NFP adding around 75,000 jobs (slightly higher than July's 73,000), with unemployment likely rising to 4.3% and average hourly earnings cooling to 3.7% year-on-year. MarketPulse FXStreet +1 In this scenario, gold could break above its $3,578–$3,579 record high, potentially rallying toward $3,600 and even $3,879 if bullish momentum intensifies. FXEmpire +1 FXStreet Bearish Scenario (Strong NFP Data) Should job creation exceed expectations (perhaps above 75,000), gold may face corrections down to $3,450–$3,400. TradingView +1 Neutral Scenario (In-line Data Around Expectations) With NFP numbers close to forecasts, expect sideways movement or technical consolidation, likely within $3,540–$3,578. Traders might prefer range-based strategies. TradingView FXStreet