Technical analysis by BlackBull Markets about Symbol PAXG on 10/16/2025

Gold’s impressive rally has been powered by a mix of rate-cut expectations, political risk, central bank buying, and dollar weakness. Gold traders’ focus this week has been on the escalating U.S.–China trade tensions though. Markets are standing by for a statement from the White House, expected within the hour. We’ll post updates here once the White House statement is released and markets begin to react.