Technical analysis by EG-FOREX about Symbol PAXG on 9/9/2025

EG-FOREX

📈 Gold continues to climb and approach the target summit Gold continued its recovery to the middle of the target range between 3600 and 3676 dollars an ounce, recording the highest level during today's session at 3667.67 dollars. Gold prices were closed high in 21 out of the last 30 days, which is rare. The last time we saw a similar series was on February 17-18 this year, when the prices were closed on 22 out of 30 days. At that time, the gold recorded a short -term top, and then fell slightly before the climb resumed until early April. It is worth noting that we expected gold to rise from $ 3311, and he has already succeeded in reaching the first specific goal at 3600 dollars, recording an important achievement in the current climbing wave. 💰📊 Currently, the third wave in its last stages, and this wave is likely to end within the target range of $ 3676, or the prices reach the upper limit of the emerging canal since early 2023, which intersects with levels of 3775-3803 dollars during the next two weeks as a maximum. Summary: Gold achieves strong altitudes and enters a crucial stage of the third wave that may push it to the average correction in the very close range.