Technical analysis by herdityawicaksana about Symbol PAXG on 4/17/2025

Currently, I estimate that XAUUSD is nearing the end of wave iii of wave (v). I present two potential scenarios:In the black label scenario, XAUUSD may continue its upward movement to complete wave iii, with a projected target in the 3,372–3,410 range.However, under the red label scenario, there is a possibility of a short-term correction toward the 3,284–3,301 area before resuming the uptrend toward the same target zone.Traders should closely monitor price action, as increased volatility is likely in the near term.The nearest target for XAUUSD has been successfully reached — congratulations!The next potential upside target stands at 3,410.