Technical analysis by nezyrinfx about Symbol PAXG on 8/29/2025
https://sahmeto.com/message/3740629

nezyrinfx
Rank: 152
Analytical Power:
3.3
XAU/USD ABC Correction
:Neutral
Price at Publish Time:
$3,412.89

Took this one a long time to develop with a lot of Ending and Leading Diagonals formed in the structures and as long as price doesn't break above 23rd July high, it is still a valid view for it. On the Daily chart, we could see a triangle is forming or already formed which confirms it is a Wave ((4)) before one more more high could be seen to make it for Wave ((5)) from the low of 14th November 2024.Failed to realize this pattern as it already made a breakout to the upside. It means Wave ((4)) has been completed in a form of Triangle ABCDE. Expect price to climb and breaking peak of 22nd Apr 2025
Source Message: TradingView