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Technical analysis by JoeChampion about Symbol PAXG: Buy recommendation (12/15/2025)

https://sahmeto.com/message/3986773
JoeChampion
JoeChampion
Rank: 43
3.7

Gold Holding Key Structure as Dollar Loses Momentum

Buy
Price at Publish Time:
$4,356.74
Buy،Technical،JoeChampion

Hey Traders, In today’s trading session, we are monitoring XAUUSD for a potential buying opportunity around the 4,300 zone. Gold remains in a well-defined uptrend and is currently undergoing a healthy corrective phase, approaching a key trend-aligned support area near 4,300. From a macro perspective, the backdrop continues to favor Gold. The US Dollar remains under pressure following the recent rate cut, ongoing balance-sheet expansion, and growing sensitivity to US labor-market data, which could reopen the door for additional easing ahead. This environment reinforces the negative correlation between Gold and the Dollar, supporting upside continuation in XAUUSD. Price reaction at 4,300 will be key — bullish confirmation at this level could signal trend continuation toward higher highs. Trade safe, Joe

Source Message: TradingView
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