Technical analysis by FOREXRSMV about Symbol PAXG on 9/12/2025

FOREXRSMV
XAUUSD IDEA

🪙 XAUUSD Update Gold is holding strong near $3650, eyeing its 4th straight weekly gain 🚀. 📊 Key drivers: Fed rate cut bets (92% chance of 25bp cut on Sept 17) Geopolitical tensions & new US tariffs on 🇮🇳 India & 🇨🇳 China Weak US economy keeps safe-haven demand high 📉 Support: 3638 / 3630 📈 Resistance: 3649 / 3657 🎯 Outlook: Liquidity grab likely at 3638 before bounce 🔄 If gold ranges 3649–3657 ➡️ a close above 3657 could trigger another bullish wave 📈 📢 XAUUSD Trade Signals 🔻 Sell Setup Entry: 3647 – 3650 SL: 3653 TP: 3640 Reasoning: Price is near resistance. If gold tests this area (3647–3650) but fails to break higher, we expect sellers to step in for a short-term pullback toward 3640. 🔼 Buy Setup Entries: 3636 – 3632 SL: 3628 Targets: TP1: 3648 TP2: 3656 TP3: 3662 TP4: 3674 Reasoning: This zone (3636–3632) is a strong support/liquidity area. If price dips into this region and holds above 3628, buyers are expected to regain control. From here, we look for a bullish continuation toward higher levels. ⚖️ Plan Summary: If price rejects resistance → short-term sell. If price corrects into support → buy the dip for continuation higher.