Technical analysis by GKTrademanthan about Symbol PAXG: Buy recommendation (8/20/2025)

Pattern: The chart shows a Bullish Symmetrical Triangle (ABCDE structure) after a 5-wave rally. Wave Count: Labeled as A–B–C–D–E consolidation within converging trendlines. Current Position: Price is near point E, suggesting the triangle is close to completion. Projection: A bullish breakout is expected after wave E. Target: Price: ~3,826.68 USD Gain: +406.19 points (+11.88%) Timeframe: ~29 days remaining (projection into September). Volume: Moderate (~15.74K) during consolidation. Technical Context: Left inset shows a Bull Market triangle breakout schematic, indicating this setup aligns with a bullish continuation pattern. The April correction (-11.9%) reset the trend, followed by the ongoing consolidation. 📌 Conclusion: Gold is forming a bullish continuation triangle and may rally ~11% toward 3,826 if the breakout occurs within the projected timeframe (about a month).