Technical analysis by Wave-Trader-Pro about Symbol PAXG on 8/19/2025

Wave-Trader-Pro

What I see! XAUUSD Technical Daily Outlook Gold (XAUUSD) is forming a falling wedge after the sharp drop from the 3,430s high - - a structure that often signals a potential bullish reversal. Price is consolidating inside the wedge, rejecting from the Daily FVG while holding the H4 demand zone at 3,320. A break above the wedge trend-line could spark an impulsive move toward the 3,375 BSL, with further upside into 3,439 if liquidity is cleared. The wedge has already completed five legs, adding confluence for a possible breakout soon. Conversely, failure to hold 3,320 may invite deeper retracement before bulls re-enter. This chart is presented for educational discussion of market structure and technical patterns only. It is not a trade signal or financial advice. Learn before earning!A falling wedge pattern has formed and broken out. Price is now retracing into the H4 FVG, filling the structure and setting up for a potential entry.Gold Swing Trade Update: Our Gold swing trade hit in just 6 days. Patience paid off as we navigated choppy markets, focusing on swing setups. Congrats to everyone who stayed in and captured the move!