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

KlejdiCuni
GOLD: In a bigger accumulation before moving higher

GOLD: In a bigger accumulation before moving higher Today, the US reported NFP data for October and November 2025. USD Non-Farm Payrolls for October were -105k vs. 119k previously. USD Non-Farm Payrolls for November were 64k vs. 50k expected. Initially, the USD started off a bit weak, but as we can see for November we had a strong increase in employment data. This could be the reason why the USD started showing some strength again. Today gold rose from 4271 during the day and reached 4335 during the news. The strength of the USD pushed gold back down, but gold should rise soon again. The USD lost the correlation a long time ago. So however the USD could be tomorrow gold may rise further. In my opinion, we could be in for a larger than normal bullish accumulation before gold moves further to 4350; 4380; 4400 and 4450. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading dayFrom the analysis I posted yesterday for Gold, the price rose from 4291 to 4341. The bullish momentum seems to be still high and the chances of further growth are increasing. However, it is possible that Gold will wait for the US CPI data tomorrow before making a new move. In general, everything is old, but the market should also speculate considering that the US CPI data is part of the FED interest rate decision. If the market anticipates the data in advance from today, then Gold can jump on the structure and start another bullish wave. At the moment, Silver is performing better compared to Gold.Target_1 was reached at 4350 :)📣GOLD: Is Gold preparing for a new historic record price? Finally, after gold had been accumulating in that zone for about a week, the bullish movement started. The market resumed the bullish move after the US reported a decline in inflation data to 2.7% from 3.% last month. The Consumer Price Index excluding Food and Energy (YoY) came in at 2.6% from 3% last month. This data increased the chances of further interest rate cuts. However, to summarize, the market had no reason to hold the price in that zone even after the CPI data, so gold broke out of the weekly accumulation zone. After the price crossed 4350, which corresponds to a very strong support zone, gold started the bullish wave. The first challenge will be near 4380. If this area is broken, this time a new window could open for gold and this could create a historic high price as shown in the chart.