Technical analysis by fxpremiere about Symbol PAXG on 8/26/2025

fxpremiere
XAUUSD – Two-Scenario Plan Around 2400/2380 (H1/H4)

Timeframes: H4 for bias, H1 for execution Context: Gold is respecting a wide range; 2400 is the pivotal handle. I’m planning for either a continuation breakout or a mean-reversion fade back into value. Key Levels Resistance: 2450 • 2440 • 2400 (pivot) Support: 2380 (pivot) • 2360 • 2342 • 2320 Bias Above 2400 (accepted on H1/H4 closes) → bullish continuation favored. Failure back below 2380 → rotation toward 2360/2342. Scenario A – Break & Hold Above 2400 (Bullish) Wait for H1 close above 2400 and a clean retest that holds. Entry: 2405–2410 on retest/flip. Invalidation: H1 close back below 2396 or loss of structure low. Targets: 2428 → 2440 → 2450 (trail after TP1). Scenario B – Rejection & Close Below 2380 (Bearish) Look for a failed rally into 2380–2390 with weak momentum (RSI divergence or long upper wicks). Entry: 2385–2378 after rejection. Invalidation: H1 close back above 2396. Targets: 2360 → 2342 → 2320 (partial at each). Execution Checklist Structure: HH/HL for longs, LH/LL for shorts. Momentum: RSI(14) > 50 for longs, < 50 for shorts. Trend guide: 20/50 EMA alignment on H1. Session: Prefer London/NY overlap for liquidity. Risk: ≤1% per idea; move stop to BE after TP1. Notes DXY strength ≈ headwind for gold; weakness ≈ tailwind. News spikes (NFP/CPI/FOMC) can invalidate intraday structure—reduce size or wait for post-news structure to form. Invalidation of Plan Choppy acceptance between 2390–2400 without directional closes → stand aside until a clear break/hold.