Technical analysis by jiqeu1 about Symbol PAXG: Buy recommendation (10/29/2025)

https://www.tradingview.com/x/jclHr4ze/ With the Federal Reserve's interest rate decision imminent, although the market expects a 25 basis point rate cut, the US dollar index has retreated somewhat. Awaiting the market's reaction to the rate cut, gold opened higher at around 3982, then experienced a sharp drop to around 3943 before quickly rebounding. During the European session, it broke through the 4000 mark and accelerated its upward movement, currently reaching a high of around 4029 before consolidating. The market currently expects a 25 basis point rate cut, followed by a signal of further rate cuts in December. If this expectation is not met, the impact on the market will be amplified. Conversely, the US dollar index may initially decline before rising after the rate decision, leading to a pullback in gold. Alternatively, a continuation of the trend is possible. The intraday strategy for gold is to buy on dips, targeting a break above 4000 and aiming for a further rise to around 4030. The recommended strategy for today is to buy on dips and expect further gains. Gold Trading Strategy Buy gold around 4012, with a stop-loss at 4001, targeting 4030/50.