Technical analysis by Quaid_3 about Symbol PAXG: Buy recommendation (12/18/2025)

On Wednesday, gold prices surged significantly, reaching a daily high of $4349 per ounce, boosted by Tuesday's mixed US jobs report, escalating geopolitical tensions, and comments from Federal Reserve Governor Waller. Weakness in the job market could increase the likelihood of interest rate cuts, which would be bullish for non-yielding assets like gold. After consecutive gains this week, gold bulls now face a dilemma: take profits now or wait for a breakout above $4353? This is the key focus for all investors this week. Gold currently has a critical turning point at $4350-$4355. Significant selling pressure emerged at $4350, and if gold fails to break below $4300, it could be considered a buying opportunity. $4350 is a crucial level for gold; a break above this level could change the overall upward structure we've seen in gold prices. However, before gold breaks below the 4300 level, investors will be more cautious about betting on the stock market. Therefore, the best strategy is to wait for the 4300 level to enter a long position. This strategy is time-sensitive and can be implemented before the release of CPI and other data. After the data release, we need to adjust the strategy based on market conditions. I will update more trading information in the channel.