Technical analysis by ArmanShabanTrading about Symbol PAXG: Buy recommendation (10/7/2025)

By analyzing the Gold (XAUUSD) chart on the 1-hour timeframe, we can see that the price continued its strong bullish momentum today and reached $3985.66, marking a new all-time high (ATH)! Gold is now just a step away from the $4000 milestone. Interestingly, Goldman Sachs has raised its gold price forecast to $4900 by December 2026, which seems realistic given the current bullish trend and the possibility of further interest rate cuts. The key demand zones are $3943–$3956 and $3898–$3910. So far, there’s no sign of structural weakness in the chart, meaning a major correction isn’t confirmed yet. This analysis will be updated soon! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman ShabanXAUUSD smashed into the historic $4000 channel, hitting $4050! Now at $4042—holds above $4028? Bullish surge to $4060, $4070, $4084 next! Watch $4084 for key reactions. Who's riding this golden wave? (More Details on the Next Analysis)