Technical analysis by FM-ForexMastermind about Symbol PAXG: Buy recommendation (10/20/2025)

🔔🔔🔔 Gold news: ➡️ Gold prices have resumed their upward momentum, climbing back to the 4260 level after retesting the ascending trendline near 4224. ➡️ Persistent trade uncertainties, rising geopolitical concerns, and concerns that a prolonged U.S. government shutdown could impact economic activity continue to support demand for the safe-haven metal. Moreover, dovish expectations from the Federal Reserve have further boosted interest in the non-yielding assets. ➡️ In addition, ongoing central bank purchases and strong inflows into gold-backed ETFs have provided additional support for the metal. ➡️ However, comments from U.S. President Donald Trump on Friday helped ease fears of a U.S.–China trade war, limiting gold’s sharp upside potential. Personal opinion: ➡️ Gold price is showing signs of breaking out of the short-term 1H trend line. If the price breaks the strong resistance zone at 4267, the uptrend will strengthen again. ➡️ Analysis based on support resistance levels and trend lines combined with EMA to come up with a suitable strategy Personal Plan: 🔆Price Zone Setup: 👉Buy Gold 4227 - 4224 (Scalping) ❌SL: 4220 | ✅TP: 4232 - 4237 – 4242 👉Sell Gold 4314 - 4317 (Scalping) ❌SL: 4322 | ✅TP: 4310 - 4305 – 4300 FM wishes you a successful trading day 💰💰💰the plam still on trackcomplete the original plan Hit + 55 pips from Sell 43147