Technical analysis by jamesibartram about Symbol PAXG: Buy recommendation (8/25/2025)

🟡 GOLD – Two Key Scenarios on the Table Bias: Neutral → Waiting for confirmation of Wave 2 completion 🔑 Technical Breakdown Scenario 1 (Discount Retracement): Price pulls back into discount territory. Confluence with a strong support level. This would complete Wave 2 correction before setting up the Wave 3 impulse higher. Ideal long opportunity if buyers defend this zone. Scenario 2 (Liquidity Grab First): Current impulse leg continues higher tonight. Price then retraces deeper to clear buy-side liquidity created from Friday’s rally. That liquidity sweep would then finish Wave 2, before the bigger Wave 3 expansion higher.