Technical analysis by goldenBear88 about Symbol PAXG: Buy recommendation (9/9/2025)

Technical analysis: As discussed on my previous commentary about fragile DX standard (right now it's few percents up) Gold is already giving new signs of Buying continuation (however it is important to keep Bullish underlying Medium-term trend on top of the importance list as well). Current Buying spike on Gold came as no surprise however Gold does not represent anymore (as it has been) sole hedge asset against Inflation, as current Trading week is projected to be Bearish for DX due NFP debacle (still without firm recovery and near Higher Low’s extension), hence Bullish and should be adding Buying pressure on Hourly 4 chart’s on Gold. Technically, I am certain also that Gold should Price in a Top here (temporary or not) since it is critically Overbought / if Support zone near Higher Low’s break and continuation of Technical Bearish perspective (once the Fundamental pressure is Priced in and digested by market where Price-action is expected to engage the correction). Taking all aspects in consideration and ignoring Technical necessity for a correction, I expect aggressive uptrend extension towards #3,700.80 psychological benchmark posing as an Higher High’s extension as well, if #3,652.80 - #3,662.80 Resistance zone gives away. If Support zone breaks however (#3,622.80 - #3,627.80), expect contact with #3,600.80 benchmark. My position: I am constantly using my dip Buying strategy and will continue Buying Gold from my key entry points (excellent Profits by now) Buying Gold from #3,630.80 many times throughout yesterday's session. #3,645.80 is keeping Gold away from touching #3,652.80 benchmark.