May 31, 2025
PAX Gold (PAXG), a token tied to the price of gold, is trading at $3,310.12, gaining 0.07% over the last 24 hours (CoinGecko). Demand for safe-haven assets supports PAXG despite fluctuations in gold prices (@gemxbt_agent).
What's happening?
PAXG follows the dynamics of gold, which stabilized around $3,350 per ounce after a 28% increase since the beginning of the year (Investing.com). Support at $3,280, resistance at $3,360 (Changelly). RSI (32) indicates oversold conditions, which may signal a possible rebound, while MACD shows weak bullish momentum (@gemxbt_agent). Predictions forecast PAXG to rise to $3,500 by the end of 2025 amid geopolitical risks and demand for safe-haven assets (Changelly).
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Explanation: The chart shows PAXG fluctuations from $3,340 to $3,310.12. Support at $3,280 and resistance at $3,360 are key levels.
What's next?
PAXG could rise to $3,360 if gold continues to strengthen, or fall back to $3,175 if selling intensifies. Keep an eye on Binance Square and trade at [binance.com](\u003ca-35\u003ehttps://www.binance.com\u003c/a-35\u003e).
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