Technical analysis by Shavyfxhub about Symbol PAXG: Buy recommendation (12 hour ago)

GOLD ,THE CURRENT 45MIN is attempting to buy after disappointing united state data report. US Core CPI (Month-over-Month) Actual: 0.2% Forecast: 0.3% Previous: 0.3% Core CPI, which excludes volatile food and energy prices, came in slightly below expectations and the previous month’s reading, indicating a modest easing in underlying inflation pressures. US CPI (Month-over-Month) Actual: 0.3% Forecast: 0.4% Previous: 0.4% Headline CPI also showed a slightly smaller increase than forecast, suggesting overall inflation may be cooling somewhat on a month-to-month basis. US CPI (Year-over-Year) Actual: 3.0% Forecast: 3.1% Previous: 2.9% Year-on-year CPI increased at 3.0%, slightly below forecasts but still above the prior month, indicating inflation remains elevated but relatively stable. US Flash Manufacturing PMI Actual: 51.9 Forecast: 52.0 Manufacturing activity remains in expansionary territory (above 50) but slightly weaker than expected, suggesting a modest slowdown in manufacturing growth. US Flash Services PMI Actual: 53.5 Forecast: 54.2 Services sector also continues growing but at a slower pace than forecast, indicating some softening in service industry expansion. Summary Inflation data show signs of mild moderation but remain above target levels, which may influence Federal Reserve policy decisions. Manufacturing and services PMIs indicate growth but at a modestly slowed pace, reflecting cautious economic momentum. This mixed data set suggests persistent but gradually easing inflation with a steady, moderate expansion in economic activity.quick 60pips close on scalp from structure