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

Gold continues to hold within the framework of a short-term uptrend. After a correction, prices have returned to growth and are striving to consolidate above local highs. The wave structure indicates the sequential development of upward impulses, where pullbacks appear more like temporary pauses than full-fledged reversals. The chart shows that the price remains above key support zones, while buyers are gradually increasing pressure. Fundamentally, gold is supported by expectations of dovish Federal Reserve policy and demand for safe-haven assets amid global uncertainty. The decline in U.S. bond yields also enhances the attractiveness of XAUUSD. As a result, the market is showing signs of forming a new upward wave, where the next stage will depend on buyers’ ability to maintain initiative and consolidate above current levels.