Technical analysis by EG-FOREX about Symbol PAXG on 9/11/2025

EG-FOREX

Gold analysis - update Gold rose on Tuesday to 3674.80, achieving the target range summit of $ 3600 - $ 3678 referred to in September 1 analyzes ✅ The fifth wave may be at a current top or may extend about 3775 - 3803 in a week and a half, as the upper direction line pass (3). At $ 3778 the wave will be 5 equal to the 1st wave, which is the most common relationship in wave impulses. In the short term: The internal momentum index reached its climax on September 3, and the new gold peaks did not confirm on September 5, 8 and 9 until now, which may make it difficult to continue as the index is confirmed. 📊 We follow developments first to confirm the next scenario. ⚠️ Conclusion: Despite the arrival of gold to the top of the target scope at $ 3673 referred to in the September 1 analysis, the momentum indicators did not confirm the last rise. 🔑 Please beware of buying now until a new confirmation signal becomes clear. The 3605 - 3608 region is a good area to climb to the summit again if it is not penetrated down and closed below.