Technical analysis by TheodoreSilas about Symbol PAXG: Buy recommendation (12 hour ago)

https://www.tradingview.com/x/VSDTWuD6/ news： Gold, considered the king of safe-haven assets by global investors, once again experienced a breathtaking rollercoaster ride in the financial markets at the end of 2025. This volatility was not an isolated event, but rather a product of the latest US Consumer Price Index (CPI) data. Lower-than-expected inflation data, on the one hand, stimulated expectations of a Federal Reserve interest rate cut, pushing down US Treasury yields and providing a temporary boost to gold prices; on the other hand, it weakened gold's appeal as an inflation hedge, leading to profit-taking by long positions. Combined with other precious metal market dynamics such as silver hitting a record high and palladium reaching a three-year peak, this gold price fluctuation reveals the uncertainty in the global economic recovery, providing investors with an excellent window to examine the future trend of gold. Technical aspects： From a technical chart perspective, spot gold remains in a clear bullish pattern. On the weekly chart, the price is trading above a 14-month-long upward channel, indicating a healthy overall structure. However, the Relative Strength Index (RSI) has been above 70 for an extended period, clearly suggesting the market is overbought. This doesn't necessarily mean a trend reversal is imminent, but rather that a cooling-off or correction is needed in the short term to release excess pressure. On the upside, $4380, as a historical high, has become a new resistance level. A successful break and hold above this level, without significant overbought conditions, could potentially trigger a new wave of momentum, targeting the psychologically important $5000 mark. But before that, the market is more likely to undergo a period of consolidation. After all, any asset needs time to consolidate its gains following such a sharp rise. Strategy Signals： Buy ： 4290-4300, stop loss ：4280, target: 4340,4375Gold in 2026: How far can the surge go?