Technical analysis by Jeremy_NPC about Symbol PAXG: Buy recommendation (10/12/2025)

Hello, traders! Gold just wrapped up an impressive 8-week winning streak, closing the session at $4,024.40/oz (Futures). This rally was immediately triggered by President Donald Trump's unexpected threat of new tariffs on China, which fueled a rush toward safe-haven assets. Fundamentals & Technical Bias: Buying the Pivot Core Drivers: Escalating trade conflict (Trump), continued Fed rate cut expectations, and global political instability (US Shutdown, France risk) are solidifying gold's safe-haven status. Technical Recovery: After a deep correction to $394x, gold recovered quickly and closed firmly above $399x. This confirms that buying pressure is dominant and the bullish momentum remains strong. Priority Bias: BUY (Long). $398x is the critical short-term pivot point. Risk Warning: Only switch to SELL (Short) if the price rapidly breaks below $398x due to negative news. Key Price Levels: Resistance: $4064, $4084, $4104, $4124 Support: $3984, $3951, $3934 Trading Strategy (Prioritize BUY at the Pivot) BUY ZONE (Pivot $398x): $3984 - $3982 SL: $3974 TPs: $3992, $4002, $4012, $4022, $4032 SELL ZONE (Counter-Trend): $4024 - $4026 SL: $4034 TPs: $4016, $4006, $3996, $3986, $3976 Will the threat of a trade war push gold toward $4100 next week? 👇 #Gold #XAUUSD #4KGold #TrumpTariffs #8WeeksUp #Pivot #TradingView