Technical analysis by ElliotXSolana about Symbol PAXG: Buy recommendation (7/27/2025)

XAUUSD We are currently moving from (white) wave 3 to (white) wave 4. So far, I am leaning towards the white count where the waves labeled (A), (B), (C) form a larger corrective wave A, which leads to wave B, and then to (white) wave 4. Up to now, we have only completed (A) and (B). Now, in the yellow bracket, we can interpret a 1-2-3-4-5 structure leading to (white) wave C 🟡. Alternatively, one could interpret a triangle pattern (pink count): Waves A, B, C, D, E, which would then form our wave 4. In that case, we would expect bullish targets afterwards 🚀. We need to watch closely if the price reverses or breaks through our yellow Fibonacci zone 🟡. For now, we are primarily looking for upside potential 🔼. From our yellow wave 2, we saw a downward push, which could theoretically be our yellow wave 1 leading into yellow wave 2 and the yellow Fibonacci zone — essentially a five-wave move from wave 2 to wave 3.buy position already running. For conformation I would wait to make the first a in the abc correction to wave yellow 2Sl hit. the one still is not inished we need to se a 12345 wave to the upside to identiy our wave one low