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

https://sahmeto.com/message/3754245
Themba_PM
Themba_PM
Rank: 23914
1.3

NFP numbers came in softer than expected

:Neutral
Price at Publish Time:
$3,557.45
،Technical،Themba_PM

looks like the weak NFP numbers came in softer than expected, and gold (XAU/USD) reacted bullishly just as anticipated. Dollar weakness on the back of the softer labor data boosted demand for gold. Gold surged above resistance at $3,578, confirming the breakout scenario we mapped. Market sentiment now favors a continuation toward the $3,600+ zone, unless profit-taking slows momentum.

Source Message: TradingView
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