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

https://www.tradingview.com/x/xmOHdgfD/ news： Tuesday, December 16th. Spot gold traded around $4290 in early European trading, with the market consolidating near a key level. Recent macroeconomic developments have revolved around the monetary policy paths of major central banks, with the Federal Reserve's further softening of its policy stance being a core variable supporting precious metal prices. Against this backdrop, although gold prices experienced a brief pullback, the overall bullish trend remains intact, and it is approaching a significant technical breakout zone. Despite short-term pressures, the potential downside for gold prices is expected to be limited. Last week, the U.S. Federal Reserve implemented its third interest rate cut this year and clearly signaled that further rate cuts would continue into 2026. Lower interest rates will significantly reduce the opportunity cost of holding non-yielding gold, thus providing solid support for the precious metal. However, optimistic progress in the Ukraine peace negotiations may limit gold's upside potential, as this would reduce market demand for safe-haven assets. Technical aspects： After a continuous rise, gold's upward momentum has encountered resistance in the short term, and the price is now consolidating at high levels. Support for gold can be seen around $4260, the level broken last Thursday. A break below this level could increase the risk of a short-term pullback, with further support at the 10-day moving average around $4240, followed by the psychological level of $4200. Resistance for gold can be seen at the psychological level of $4300, and then at $4320, the level where gold rebounded on Monday but encountered resistance twice on Tuesday, which is also the intraday high. A break above this level could lead to further gains in the short term, with the $4350 high from Monday being a key level to watch. The 5-day moving average is in a golden cross and trending upwards, but the MACD golden cross is showing a clear slowdown, the RSI golden cross is turning downwards, and the KDJ indicator is beginning to form a death cross. Short-term technical indicators suggest that after a continuous rise, gold may need a correction, although the overall upward trend remains intact. Strategy Signals： Buy ： 4250-4255, stop loss ：4240, target: 4300,4320,4350Amid global turmoil, gold remains the preferred safe-haven asset.