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Technical analysis by LouisJack66_trade about Symbol PAXG: Buy recommendation (12/16/2025)

https://sahmeto.com/message/3990133

Gold Intraday Signals

Buy
Price at Publish Time:
$4,300.58
Buy،Technical،LouisJack66_trade

Gold maintained a high-range consolidation pattern today, with intense rivalry between bulls and bears. While the broader uptrend from previous sessions remains intact, the price has undergone a phased pullback under the impact of bearish factors, and short-term upward momentum has weakened. On the resistance front, the key short-term resistance zone lies between $4,335 and $4,345, a level that has repelled multiple upward attempts. A decisive breakout above this zone would expose gold to the major resistance range of $4,350–$4,385, where $4,350 is a recent high-point pressure level, and the $4,380–$4,385 interval encompasses the historical peak. For support levels, the immediate focus is on the $4,265–$4,270 support zone, a critical support line from the prior uptrend. A breakdown below this level could trigger a further decline toward the $4,245–$4,255 range, and a decisive breach of that floor may spark a new round of profit-taking. In addition, the combined release of the U.S. October and November Nonfarm Payrolls report today is highly likely to influence Federal Reserve policy expectations, thereby dictating gold’s near-term trajectory. Close attention should be paid to the data outcome. Trading Strategy: Buy 4280 - 4285 SL 4270 TP 4310 - 4320 - 4330 Sell 4335 - 4345 SL 4350 TP 4320 - 4310 - 4300Following the US releases a set of economic indicators today, gold prices surged from $4,301 to $4,312 and now to make a run at $4,320. Reached our anticipated TP range.

Source Message: TradingView
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