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

https://www.tradingview.com/x/sDWTRcJ0/ news： The US dollar index rose and then fell on Wednesday. Data released yesterday by the UK Office for National Statistics showed that the November Consumer Price Index (CPI) fell to 3.2% year-on-year, lower than October's 3.6% and also below economists' expectations of 3.5%. This is the lowest level for the index since March of this year. Affected by the unexpectedly low inflation, the pound sterling plunged against the dollar, with its intraday decline widening to as much as 0.69%. This data makes a rate cut by the Bank of England today virtually certain. The US's tough stance triggered safe-haven buying of gold and silver, while crude oil prices also rose after the US blocked oil tankers entering and leaving Venezuela. Technical aspects： Gold prices have been consolidating at high levels for a long time, with the Bollinger Bands narrowing and the MACD fast and slow lines converging and crossing, potentially forming a golden cross. The triangle pattern is poised to break, with the previous high serving as a key resistance level and the 4300 level as a crucial support. Currently, all indicators and moving averages are diverging upwards, suggesting a mysterious bullish force. If gold prices break through the short-term resistance at 4350, we must look towards the previous historical high of 4380-4385. This area previously formed a double top resistance level, leading to a significant pullback. If gold prices touch this historical high again, we need to be wary of another potential setback – could a triple top resistance form? This is one possible scenario. However, in terms of trading strategy, we should still adhere to the principle of buying on dips and corrections. Strategy Signals： Buy ： 4290-4295, stop loss ：4280, target: 4330,4375Did you notice the highest point of 4376?