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

RLinda
GOLD - A pullback ahead of the news. Will there be growth?

XAUUSD is hitting resistance at 4350-4360 and forming a correction amid expected inflation and initial jobless claims data Mixed US employment data supports expectations of Fed policy easing. The market is pricing in two rate cuts in 2026 versus one in the Fed's forecasts, which supports the bullish trend for the metal. Today's US CPI release will be a key trigger for reassessing the Fed's rate trajectory. Expectations of tighter policy from the Bank of Japan and market reassessment are creating overall caution. A short-term correction in gold is possible, but the overall uptrend remains intact amid the Fed's dovish monetary policy and global uncertainty. Resistance levels: 4337, 4353 Support levels: 4311, 4300 Technically and fundamentally, the situation is favorable for continued growth. Corrections allow the market to gather liquidity before movement, however, there is news ahead that will determine further movement. I expect a retest of 4311 - 4300 before growth to 4353 - 4380. Sincerely, R. Linda!