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

GOLD – Technical Overview Gold is steady in the early Asian session as markets await the U.S. November employment report later today. Consensus expects a soft print of ~50K jobs and an uptick in unemployment to 4.5%. Any downside surprise could accelerate expectations for the next Fed rate cut, which would be supportive for gold. Technical Analysis Gold is attempting to retest the 4265–4255 support zone, where bullish reactions are likely if NFP data aligns with market expectations. As long as price holds above 4255, the structure favors a rebound toward: → 4291 → 4314 A deeper correction is possible while price trades between 4265–4255, but bullish momentum remains intact above this zone. A break below 4255 turns the trend bearish, opening the path toward 4225. A break above 4291 confirms bullish continuation toward 4314, with 4347 as an extended target. Pivot Line: 4282 Support: 4265 · 4255 · 4225 Resistance: 4291 · 4314 · 4347