Technical analysis by SroshMayi about Symbol PAXG: Buy recommendation (10/2/2025)

GOLD – Bullish Above 3,893, Shutdown Keeps Safe-Haven Demand Strong – Near Record Highs on Fed Cut Bets & Shutdown Gold prices remain close to record highs, supported by expectations of further Fed rate cuts this year and ongoing uncertainty following the U.S. government shutdown. While long-term momentum is bullish, short-term corrections remain possible. Technical Outlook Gold holds a bullish bias overall, but while below 3,886, it may correct lower to test 3,869 before resuming higher. A confirmed 15M close above 3,893 would confirm renewed upside momentum, targeting 3,914 → 3,927. Failure to hold above 3,869 could expose deeper supports at 3,859 → 3,844. Pivot: 3,886 Support: 3,870 – 3,859 – 3,844 Resistance: 3,893 – 3,914 – 3,927