Technical analysis by makhmikhd about Symbol PAXG on 5/3/2025
https://sahmeto.com/message/3482664
Gold Update – Complex Correction or Impulsive Reversal?
Neutral
Price at Publish Time:
$3,263.82

Price action has invalidated the prior Zigzag count. We are now tracking two scenarios:White Path: The structure continues as a complex WXYXZ correction, with Wave Z still to come.Yellow Path: A sharp rally may signal the start of a new impulsive Wave 1.Key resistance is in play. Watch for reaction and divergence signs to validate either case.Stay flexible and let the structure confirm the path.
Source Message: TradingView
