Technical analysis by MrMartin_11 about Symbol PAXG: Buy recommendation (12/17/2025)

MrMartin_11
GOLD Consolidation within a bullish momentum

Gold is currently showing healthy consolidation within a bullish market structure. Price action suggests a possible retest of the support region, which could provide an opportunity for renewed bullish momentum if buyers remain in control. Gold prices are rising on expectations of further interest rate cuts by the U.S. Federal Reserve next year. This follows the latest U.S. employment data, which showed the unemployment rate climbing to its highest level in more than four years. As a result, investors are adopting a cautious stance and are now awaiting the U.S. CPI inflation report, scheduled for Thursday, which is expected to influence the Fed’s next policy moves. Additionally, ongoing geopolitical risks continue to support gold as a safe-haven asset the overall trend remains bullish, supported by favourable fundamentals. If bulls successfully defend the support zone, price may resume upward momentum, with potential upside targets in the 4355 – 4380 range. You may find more details in the chart, Trade wisely best of luck buddies. Ps; Support with like and comments for better analysis thanks for supporting.