Technical analysis by JoeChampion about Symbol PAXG: Buy recommendation (10/9/2025)

Hey Traders, In today’s session, we’re keeping a close eye on XAUUSD for a potential buy setup around the 4,010 zone. Gold remains in a broader uptrend, and the current pullback brings price action near a key support and trend confluence that could attract fresh buyers. All eyes are on Fed Chair Powell’s remarks later today. With the U.S. government shutdown disrupting key economic releases, including a possible delay of next week’s CPI data, Powell’s tone could heavily influence short-term Dollar sentiment—and by extension, Gold momentum. If Powell hints at policy caution amid data uncertainty, the safe-haven narrative could re-emerge quickly. We’ll be watching closely for a potential technical trigger to align with the macro backdrop. Trade safe, Joe.