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

Gold is in a strong bullish trend, trading well above the 50-day SMA, which acts as a dynamic support. Price is currently testing a major historical resistance zone at 4,380 – 4,400. Current state: •Primary trend: Bullish •Short-term momentum: Weakening near resistance •SMA 50: Dynamic support Bullish Scenario (Breakout) If price breaks and holds above 4,400: 🎯 Targets •Target 1: 4,600 •Target 2: 4,850 •Target 3: 5,100 🛑 Stop Loss •Daily close back below 4,300 📌 Rationale: Breakout above historical resistance → continuation of the bullish impulse. Bearish / Corrective Scenario (Rejection) If price gets rejected from 4,380 – 4,400: 🎯 Targets •Target 1: 4,140 (50 SMA) •Target 2: 3,950 •Target 3: 3,700 🛑 Stop Loss •Daily close above 4,400 📌 Rationale: Healthy pullback within a broader bullish structure. Technical Summary •Above 4,400 → Strong bullish continuation •4,140 – 4,400 → Decision zone •Below 4,140 → Deeper correction, macro trend still bullish Brief Fundamental Outlook – Gold •Bullish drivers: •Potential monetary easing •Geopolitical uncertainty •Central bank accumulation •Risks: •Stronger USD •Rising bond yields Fundamental Takeaway: As long as gold holds above 4,000, the long-term bullish structure remains intact.