Technical analysis by POLARMARKET about Symbol PAXG on 8/31/2025

Why: Price just hit the upper rail of a rising channel after a strong Rally-Base-Rally, typical mean-revert toward the midline/base before the next leg. DXY Overlay: Red DXY line is weak overall but sitting near minor support, a dollar bounce often = gold dip. Watch for shooting star / bearish engulfing at the roof to confirm the pullback. Only flip aggressively bullish if we close above the channel and retest it from above (classic pullback-after-breakout). Key levels Resistance: current highs at the upper rail. Support: channel midline / last base (buy-zone on dip); deeper lower rail if momentum cools. Trading idea (use your risk rules) - SELL near the upper rail, TP: midline/base, SL: just above the roof. - BUY the dip at midline/base, TP: upper rail/new highs, SL: below the base. Invalidation: H1/H4 close above the channel + successful retest → target an extension equal to channel height.