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

Gold Analysis Gold prices continue to rise, setting new all-time highs. Since breaking through 3,600 points, they have surged relentlessly, seemingly without resistance. Market trading enthusiasm is high, and the rally is so strong and fierce that gold prices will continue to break through 3,700 points. The break above $3,600 marks the beginning of an upward trend. Every short-term pullback is viewed as a buying opportunity, and optimism is driving a continuous influx of funds. Furthermore, investors have shifted their focus: from short-term safe-haven assets to long-term "strategic asset allocations," hedging against uncertainties such as currency devaluation and economic fluctuations. In short, the gold price breaking through $3,600 is the result of a combination of factors, including expectations of interest rate cuts, a weakening US dollar, and increased central bank holdings. This "gold bull market" is not over yet, and investors should seize short-term pullback opportunities. If the pullback is minor, adopt a small, phased buying strategy, using a right-side trading strategy to counter the current extreme trend. This way, investors won't miss out on the market and can reap significant profits. Trading Strategy Gold's 1-hour moving average is still forming a golden cross and diverging upwards. Gold bulls remain strong, so if gold falls back, continue to go long. If gold holds today's low of 3628, continue to buy on dips. Consider opening a long position at 3638, with a stop loss at 3625 and a target of 3670-3680.