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

Gold (XAU): $3700 is the next key resistance Gold has continued its impressive rally, with $3,700 emerging as the next key resistance level. The first breakout above the $3,400 psychological zone occurred in late April, followed by a period of consolidation and repeated tests of that level. Last week, the asset gained strong momentum, breaking decisively above this zone and reaching a new all-time high (ATH) of around $3,500. This week, the bullish trend has extended further, with XAU/USD approaching the next critical psychological barrier near $3,700. The key question remains: How much further can ongoing global economic tensions drive gold’s upward movement? Resistance Level: $3,700 Support Levels: $3,600 / $3,500 Key Zone to Watch: $3,400 📌 This analysis is for educational purposes only. Please exercise caution and trade responsibly. If you found this helpful, like, follow me, subscribe, share and comment.