Technical analysis by SroshMayi about Symbol PAXG: Buy recommendation (9/8/2025)

Gold – Overview Gold surged to a record high at $3,625, following weaker U.S. hiring data that fueled demand for the safe-haven asset. Momentum remains strong, with traders watching if there’s more room to the upside. Technical Outlook: 📈 Bullish scenario: As long as price trades above 3,612, momentum favors a move toward 3,636. A confirmed stabilization above 3,637 would extend the rally toward 3,650. 📉 Bearish scenario: A confirmed 1H close below 3,612 would trigger a correction, targeting 3,600 → 3,580. Key Levels: Pivot: 3,618 Resistance: 3,636 – 3,650 Support: 3,612 – 3,600 – 3,580 Bias: Bullish above 3,612; bearish correction only if price closes below this leve previous idea: