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

Gold prices recently rose by nearly 1% during the Asian trading session on Thursday, recovering from two consecutive days of declines. The main reason for this is the renewed US-China trade tensions , which have increased demand for safe-haven assets like gold. At the same time, investors are awaiting important inflation data from the US , which could significantly impact the gold trend moving forward. Technically, the chart shows that gold has experienced a slight correction after a strong rise from 4,060,000 USD. It is currently fluctuating within the range of 4,060,000 USD – 4,200,000 USD. Both EMA34 and EMA89 are supporting the price from below, confirming that the uptrend remains intact, despite the temporary correction. Trading Strategy: Buy if gold holds above 4,060,000 USD, with a target towards 4,200,000 USD. Sell if gold fails to break through 4,200,000 USD and returns to test support at 4,060,000 USD. In conclusion, with rising trade tensions and increased demand for safe-haven assets, gold is on a strong uptrend and is likely to continue testing the 4,200,000 USD resistance level in the near future.