Technical analysis by TraderzWorld about Symbol PAXG: Buy recommendation (9/10/2025)

TraderzWorld

GOLDY IS BULLISH BUT!!! (SEP-10, 2025) GOLDY completed the Irregular B wave by hitting the ideal Fib level. The structure of upward move from 3314 does not have ideal 5 wave movement, that suggests that GOLDY is still in wave 4 correction started from Apr-22. 2025. Now the expected target for wave C of this large correction are given and seems to be highly impulsive. We will plan a SHORT setup from 3645-3665 with SL above 3675, based on small timeframe. However, considering the alternate green scenario, it seems like wave 3 of wave (3) is completed hitting the 200% Fib level, and now we will retrace to wave 4 of wave (3) to move up in wave 5 to complete wave (3). Any sustainable move down from 3416 may suggest that Red scenario is in progress.