Technical analysis by SroshMayi about Symbol PAXG: Buy recommendation (12/17/2025)

GOLD – Technical Overview Gold prices continue to rise as markets price in additional Fed rate cuts next year following the sharp rise in the U.S. unemployment rate — now at its highest level in over four years. Investor focus is turning to Thursday’s CPI report, which may provide clearer guidance on the Fed’s next policy steps. Geopolitical tensions are also adding support, particularly after President Trump ordered a blockade on sanctioned Venezuelan oil tankers, increasing safe-haven demand for gold. Technical Analysis Gold maintains a bullish structure, with immediate upside toward 4347. A confirmed 1H or 15min candle close above 4347 would open the path toward: → 4367 → 4379 In the short term, a pullback remains possible. A drop below 4314 would signal a correction toward 4291, where buyers may look to re-enter before the next bullish leg. Now will consolidate within the range of 4347 and 4314 But Overall sentiment remains bullish while price holds above 4314, especially above 4347. Key Levels Support: 4314 · 4291 Resistance: 4347 · 4367 · 4379