Technical analysis by faighton about Symbol PAXG: Buy recommendation (8/4/2025)

From an Elliott wave perspective, if nothing crazy happens in the market, and conditions remain intact, we may see gold reaching levels of 3600 before a retracement to 3268 zones. Currently wave 5 is expected to be in the making and i don't think its time to short big. It made something like a leading diagonal on 4h time frame and the Abc retracement seems to be done by now