Technical analysis by tradeflowadvisors about Symbol PAXG: Buy recommendation (10/23/2025)

GOLD Macro Outlook Gold prices rose to around $4,120 per ounce on Thursday, halting a two-day decline as investors weighed trade developments and geopolitical tensions that lifted the metal’s safe-haven appeal. Reports indicated that the US is considering export restrictions on China involving American-made software, though President Donald Trump later confirmed plans to meet with Chinese President Xi Jinping. Gold is setting up for a potential bullish continuation as falling bond yields and anticipated Federal Reserve rate cuts continue to weaken the U.S. dollar and boost demand for safe-haven assets. The 10-year Treasury yield remains below 4%, and yields across the curve have softened. This reinforces expectations that the Fed will announce rate cuts during its upcoming FOMC meetings on October 29 and December 10. Looking into 2026, the trend of global monetary easing is likely to persist. Economies in Asia and Northern Europe are showing signs of structural weakness due to aging demographics and declining household formation, leading to prolonged low growth and further pressure on global interest rates. Gold Technical Structure On the technical front, Gold is currently trading near $4,137, after correcting from the recent high of $4,398. The chart shows price consolidating along the lower Gann support, with a potential reversal setup forming. Immediate Support: $4,023–$4,100 Immediate Resistance: $4,175 and $4,225–$4,255 (key breakout zone) Breakout Targets: $4,318 → $4,398 → $4,485 → $4,631 Stop-Loss: Below $4,025 (closing basis) A daily close above $4,255 would confirm bullish continuation, opening the path toward $4,400–$4,630 levels in the medium term. A breakdown below $4,050 would invalidate the setup and shift bias back to neutral. Summary Bias: Bullish (above $4,225) Entry Zone: $4,060–$4,150 Confirmation: Close above $4,255 Stop-Loss: $4,025 (closing basis) Targets: $4,318 → $4,398 → $4,485 → $4,631 Macro Catalyst: Fed easing cycle, weaker USD, global rate decline Gold remains well-positioned for a renewed upside phase driven by macro tailwinds and technical recovery from support zones. Sustained trade above $4,225–$4,255 could confirm a breakout, aligning both macro fundamentals and technical signals in favor of the bulls.