Technical analysis by LouisJack66_trade about Symbol PAXG: Buy recommendation (12/18/2025)

Gold is trading in a high-level consolidation phase today. Despite a mild pullback, prices have held firmly within the recent elevated range, with the underlying bullish trend remaining intact. Meanwhile, a flurry of key data releases and policy announcements scheduled for the evening are highly likely to break the current sideways pattern and trigger sharp volatility. Near-term resistance is concentrated in the $4,348–$4,353 zone, which serves as both a key high of the recent consolidation and a strong intraday pressure level. Further resistance lies near the all-time high around $4,380. On the support side, the primary support is the H1-level Fair Value Gap at $4,320–$4,325. The secondary support zone is $4,300–$4,310, where the hourly support has shifted upward—any pullback to this level will likely attract buying interest. The market is bracing for multiple high-impact events today. These announcements will directly influence the U.S. dollar exchange rate and market expectations for Fed rate cuts. A dovish tilt in the data and policies could propel London gold to break above $4,353 and challenge the $4,381 level. Conversely, cautious signals may drive prices down toward the $4,300 mark. Trading Strategy: Buy 4310 - 4315 SL 4300 TP 4330 - 4340 - 4350 Sell 4350 - 4355 SL 4365 TP 4320 - 4310 - 4300Gold broke through the short-term resistance and charged toward the $4,380 resistance level as we predicted,it’s now pulling back under overhead pressure!