Technical analysis by Mihai_Iacob about Symbol PAXG on 9/5/2025

In yesterday’s analysis, I mentioned that Gold looked overstretched, with high chances of a continuation of the correction after the recent 3579 ATH. During the day, price rejected my selling zone twice, and once more overnight. However, buyers kept stepping in, forming higher lows and pushing price back toward the 3560 resistance zone. This behavior signals upward pressure. If this resistance finally breaks, the probability of seeing yet another ATH towards 3600 increases significantly. For now, I’m out of the market, with but looking to buy if buying pressure persists