Technical analysis by Jeremy_NPC about Symbol PAXG: Buy recommendation (10/4/2025)

Hello, traders! Gold just sealed its seventh consecutive weekly gain, with futures hitting $3,908.9/oz. The rally is fueled by growing concerns over the US Government Shutdown and the near-certain expectation of a Fed rate cut (97% chance in October). Fundamentals & Outlook Political Instability: The prolonged Shutdown is a stable bullish factor, delaying economic reports and attracting massive safe-haven capital. Rate Cut Certainty: The market considers a Fed rate cut almost guaranteed, providing strong support for non-yielding Gold. Technicals & Trading Strategy Weekly buying power is extremely strong. Gold is consolidating near $3900. The $3867 level is critical; if the price holds above it, the potential for new ATHs remains very high. Key Price Levels: Resistance: $3902, $3912, $3922, $3942 Support: $3867, $3855, $3839, $3792 Trading Strategy (Absolute Risk Management): BUY ZONE 1: $3867 - $3865 SL: $3857 TPs: $3875, $3885, $3895, $3905, $3915 BUY ZONE 2: $3839 - $3827 SL: $3824 TPs: $3847, $3857, $3867, $3877, $3887 SELL ZONE 1: $3902 - $3904 SL: $3912 TPs: $3894, $3884, $3874, $3864 SELL ZONE 2: $3942 - $3944 SL: $3952 TPs: $3934, $3924, $3914, $3904 Will the US government tensions help Gold definitively breach the $3900 level next week? 👇 #Gold #XAUUSD #ATH #Shutdown #Fed #TradingView #InterestRatesSELL ZONE 3942 - 3944 + 170pips running