Technical analysis by TVS-Trader about Symbol PAXG: Buy recommendation (12/17/2025)

Returning above the 4300 mark, however, the current sideways range is widening, indicating the market is in a period of indecision and needs further signals to confirm the next trend. If buyers gain control of the price structure, a continuation of the uptrend towards 4400 remains the preferred scenario. Conversely, buying momentum is showing signs of slowing down. Losing the 4265 support zone would weaken the uptrend structure and could open up a faster decline in the short term. 📉 Key Price Zones to Watch 🔹 Prioritize looking for BUY opportunities when the price reacts positively at the support zones: 4265 – 4217 – 4177. 🎯 Medium-term target: 4400. ⚠️ Risk Note: If the price breaks the trendline and closes below 4265, patiently wait for confirmation of buying pressure at lower levels; The target achievement scenario may take longer to complete.Gold price climbs to near seven-week highs in Wednesday’s early European session. A continued cooling in the US labor market weighs on the US Dollar and lifts Gold price. Traders will take more cues from the Fedspeak on Wednesday ahead of the key US inflation reports.Gold declines on profit-taking, USD strength ahead of US CPI release Gold price edges lower below $4,350 during the Asian trading hours on Thursday. The precious metal retreats from seven-week highs amid some profit-taking and a rebound in the US Dollar (USD). The potential downside for the yellow metal might be limited after the recent US jobs data reinforce market expectations of further interest rate cuts by the US Federal Reserve and drag the USD lower.