Technical analysis by Nabi_Gunduz about Symbol PAXG on 7/26/2025

Hello, The price that tested the middle level of the parallel channel drawn from the completed last wave structure (seen with cut gray lines) fell again from this region and tested the alt band of the channel. So, it is the first thing we need to follow whether the alt band of this channel can be broken downward. There is a decrease formation in the region. Although there is no process of input signal yet, the daily candle closure, which may be below 3319.57, will produce Short signal for this decrease formation. In the same area, there is a fvg area dar. To open a decrease-oriented process, it would make more sense to expect daily candle closure below 3316.75, which is the alt level of this region, which has a range of 3321.70-3316.75. The main goal of the formation is 3256.51 and its semi -target is 3288.04 ... The reverse FVG (IFVG), which was formed by the downward breakage of the rise FVG in the range of 3383.19-3361.17, took place with the candle of the last trap of the last trap. There is a decrease FVG in the same area. Therefore, it is necessary to see the daily candle closure on this region for rise. I wish you a happy weekend ...