Bullish Trend in $PAXG Persists 💰
$PAXG price is regaining momentum and is trading above $5,060 today, recovering some of yesterday’s losses. 📈
Expectations of Fed's monetary policy easing are creating pressure on the dollar, which is helping to maintain uptrend in #PAXGUSDT price. 🏦➡️🪙
U.S. retail sales remained stagnant in December, and money markets are already pricing in about 58 basis points of rate-cut in 2026. This factor is keep creating pressure on the dollar. 🔍📉
On Saturday US President Donald Trump commented that he will take legal action if his nominee for Fed head, Kevin Warsh refuses to lower rates. The Political influence over the Fed’s independence have also weakened dollar, which is supporting gold’s bullish sentiment. ⚖️🗣
However, strong U.S. jobs data (NFP rose +130,000; unemployment rate down to 4.3%; avg hourly earnings +0.4%) reduce the urgency for a quick Fed policy easing — so gold buyers should remain cautious. 🧾⚠️
Technically, $PAXG price is holding around the $5,060 area and the 9-day EMA, with daily moving averages trending up — a bullish setup, but consolidation persists (RSI ~60). 🧭
Trading tip: Wait for a confident breakout above $5,100 before opening long positions.
Target Resistance: $5,137 and $5,223;
Downside Support: $4,975 and $4,893. 🎯
Follow for more update on precious-metal market @TZ_Crypto_Insights
#USNFPBlowout #USRetailSalesMissForecast #GoldSilverRally #BTCVSGOLD
