Technical analysis by Clarke_analysis about Symbol PAXG: Buy recommendation (13 hour ago)

📈Gold has once again refreshed its all-time high, supported by escalating concerns over U.S.-Asia trade and expectations that the Federal Reserve may cut interest rates twice more within the year. 📝The strong rally of gold this time is mainly driven by two key factors: First, global trade worries have intensified. U.S. President Trump stated on Tuesday that he might suspend edible oil trade with Asian countries—a move that triggered a sharp surge in market safe-haven demand. In response, Asian countries have warned of retaliatory measures, further worsening trade tensions. Second, expectations for Fed rate cuts have heated up. Federal Reserve Chair Jerome Powell hinted at another 0.25-percentage-point interest rate cut this month, and the market generally expects two rate cuts to be implemented within the year. The low-yield environment has significantly reduced the opportunity cost of holding non-interest-bearing assets, providing sustained support to the precious metals market. In today’s early session, gold bulls stabilized in the 4140 zone and gained momentum again. As of now, gold has broken through the $4,200 mark to reach a new all-time high. For gold’s current trend, we remain bullish, with upside targets at 4,300 and 4,500. Do not attempt to predict the top until there are clear signs of a peak. Undoubtedly, the primary trading strategy remains "buying on dips." Key support levels to watch include today’s intraday low and the short-term uptrend support that has been in place since 4,090. If this support holds, the bullish momentum will remain strong and gold will continue to hit new highs. Key resistance zones to focus on above are 4,210–4,215, followed by 4,245–4,240. Nevertheless, investors must closely monitor changes in geopolitical situations and signals from the Federal Reserve, adjust strategies flexibly, and strictly control risks. 💎Buy 4160 - 4165 TP 4180 - 4190 - 4200 SL 4150 Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance