Technical analysis by ew_17i about Symbol PAXG on 7/22/2025

Gold is currently in an upward trend, which may be the development of a potential Wave 3 in the Elliott Wave structure. This phase is typically known for strong momentum and extended bullish movement. However, traders should remain cautious. While the technical setup appears promising, it's essential to monitor key resistance levels and watch for any signs of reversal or exhaustion that could indicate a short-term pullback or corrective move. Stay alert and manage your risk accordingly.