Technical analysis by Khan_YIK about Symbol PAXG on 5/12/2025

H4 Analysis:-> Swing: Bullish.-> Internal: Bullish.Analysis and bias remains the same as analysis dated 23 April 2025Price has now printed a bearish CHoCH according to my analysis yesterday.Price is now trading within an established internal range. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.Note:With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. H4 Chart: M15 Analysis:-> Swing: Bullish.-> Internal: Bullish.As mentioned previously mentioned that I would continue to monitor price and depth of bearish pullback following previous bullish iBOS.Price did not pull back with any significance, therefore, I will apply discretion and not mark the previous iBOS. I have however marked this in red.Price continued bullish and subsequently printed a bearish iBOS to indicate, but not confirm bearish pullback phase initiation.Price is now trading within an established internal range, however, I will continue to monitor depth of pullback. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or M15 supply zones before targeting weak internal high priced at 3,435.055.Alternative scenario: Price has this far failed to target to target weak internal high, as has H4 TF. This could be related to the fact that all higher timeframes remain in corrective bearish pullback phase initiation, therefore, it should not come as a surprise if price prints a bearish iBOS. Note:Gold price volatility is expected to remain heightened due to the Federal Reserve’s dovish approach and persistent geopolitical uncertainties. Traders should remain vigilant, fine-tune their risk management strategies, and be prepared for potential price fluctuations in this highly volatile market. Additionally, recent tariff announcements by former President Trump are likely to exacerbate market instability, leading to further price swings.M15 Chart: