Technical analysis by WavePoint_FX about Symbol PAXG on 7/30/2025

📊 🔍 The momentum analysis • Daily time frame (D1): The momentum began to reflect up, but we need to wait for the closure of today's candle to confirm this reflection permanently. Until then, there is still a possibility of a short -term drop. • The time frame is 4 hours (H4): The lines of momentum are close to the purchasing saturation area, which indicates a possible weakness in the current rising momentum. However, this cannot be considered an affirmation of the end of the upward trend. ______________________________________ 🌀 Wave structure • The price reached the expected goal of the wave, but it did not show a strong upward response. The last short and intertwined candles - a common feature of corrective waves. In addition, the duration of this wave is longer than previous corrections, which indicates that the decline has not yet ended, and therefore the wave structure needs to be re -evaluated. There are currently two major scenarios with the same probability (50/50), but they are heading in opposite two tracks: ➤ First Screenplay: Ziggaj Model (5-3-5) • The current structure may only represent the A wave within a larger zigzag model. • We are now in the BC, which is often complicated and unclear, which makes it inappropriate for trading based on waves at the present time. • Red areas specified on the graph represent potential targets for the wave B. ➤ The second scenario: the completion of a 5 -wave correction • The correction may have ended at the wave (E). • The current upward upward movement may be the wave 1 in the form of a triangle - indicating a possible start of a new ascending direction. • However, to confirm this scenario, the price must be fixed above the 3309 level. If it fails, the H4 momentum begins to reflect it downly, there is a high possibility to break the previous bottom. ______________________________________ 📝 Trading plan Under the current circumstances, I only recommend short -term trading (Scaling) within pre -defined support and resistance areas. Avoid trading based on the wave structure until the image becomes clearer. Then I will update the trading plan for everyone. ______________________________________