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

XAUUSD is currently developing a classic falling wedge structure after a strong impulsive bullish move, which typically signals continuation rather than reversal in a broader uptrend. Price action is compressing with lower highs and higher lows, showing that selling pressure is weakening while buyers are quietly absorbing supply. The recent breakout and hold above the previous demand zone confirms bullish intent, and this consolidation looks more like healthy price digestion before the next expansion phase. From a market structure perspective, gold remains firmly bullish on the higher timeframes. The strong rally from the prior accumulation zone shows aggressive institutional buying, and the falling wedge forming above key support highlights strong trend control by buyers. As long as price holds above the highlighted demand area, pullbacks are likely to be corrective rather than trend-changing, offering continuation opportunities toward higher liquidity levels. Fundamentally, gold continues to be supported by ongoing USD weakness, expectations of softer monetary policy, and persistent global uncertainty. Slowing inflation momentum, increased expectations of future rate cuts, and rising demand for safe-haven assets keep XAUUSD structurally strong. Investor interest remains elevated as gold acts as both an inflation hedge and a risk-off asset, aligning perfectly with the current technical setup. Overall, the falling wedge signals a high-probability bullish continuation. A clean breakout and sustained acceptance above the wedge resistance opens the path toward new highs, with momentum favoring buyers. As long as price respects the demand zone and maintains higher lows, XAUUSD remains positioned for further upside, offering a strong risk-to-reward profile for trend-aligned trades.