Technical analysis by Nabi_Gunduz about Symbol PAXG on 8/27/2025

Nabi_Gunduz

During the daily time period, the wave structure is intertwined like Matryushka. The fact that there has been no market breakdown for a long time narrows the consolidation zone day by day. According to the wave structure seen with green color drawn according to the 20 depth wave structure, the grocery breakage is the levels seen with red flat lines in the graph. On the other hand, according to the 12 -depth wave structure, the wave structure seen with blue to the right of the graph should be monitored for grocery breaks and the fractures of the levels I have specified, but these levels are minor levels. That is, it would make more sense to follow red levels for major market breakdown. The levels of the market will change the character structure of the market and the levels seen with orange. After this information, we can examine the graph below ... If we start from the logic above; Although the descending upper trend line of the triangle seen with pink in the graph is broken upward, the first pink level in front of the price to be active in the formation should not be a daily candle closure on 3408.91. Considering that there is an Order Block region in the same region and the wave structure that constitutes the triangle is a minor wave structure, the upward break of the level of 3438.76 is a much more important level for rising. When we look at the 6 candles before the last candle we are in, we see that the price increases with 3 rise engulfing candle structure. Therefore, each engulfing candle structure constitutes a support zone, but the bottom of the Enguling candle structure is the most important support zone. The daily candle closure, which may be below 3311.45 without the upward breaks, will be the first sign for the mid -term in the daily time period. 3438.76 The daily candle closures that may be below the upward level of 3247.06 may be the beginning of the decrease in the medium or long term. You can see all the levels that need to be followed until new structures are formed in this analysis. I wish you all good gains ...