Technical analysis by EconomicanalysAbdulRahman about Symbol PAXG: Buy recommendation (9/11/2025)

EconomicanalysAbdulRahman

After four consecutive weeks of strong rise and record new standard levels, gold is approaching the phase of artistic balance. On the attached chart, three potential corrective stations can be shown to us by the price before completing the main wave of ascension. These are not inevitable paths, but rather probability scenarios based on reading price movement and the main Fibonacci levels. 🔶 The first scenario (deeper - about $ 3,400) This scenario means a correction of -4.8%to close the daily gap that appeared on September 2. Technically, this level is considered a re -test of the Fibonacci 0.382 level of the height that started on August 29, making it a potential strong support zone that paved a sharp upward start in late September. Suggested purchase area: $ 3,430 - $ 3,400 Suggested loss area: under $ 3,375 The first goal: return over $ 3,620 and then $ 3,680 🔶 The second scenario (Mediterranean - about $ 3,500) It corresponds to a 1.8%drop to re-test the daily support formed on September 4 at the hammer candle, near the golden ratio Vibonacci 0.618. This scenario is a "recharge" of the RSI index (RSI) near the level of 68 before the climb. Suggested purchase area: $ 3,510 - 3,490 Suggested loss area: under $ 3,460 The first goal: Return to $ 3,650 and then $ 3,700 🔶 The third scenario (lighter - near $ 3,620) A slight-1%correction to the four-hour support for September 5, and the Fibonacci 0.786. Stopping here means the market's willingness to achieve new historical peaks. Suggested purchase area: $ 3,625 - 3,610 Suggested loss area: under $ 3,590 The first goal: $ 3,680, then $ 3,720 🔎 Conclusion All scenarios have a bullish character of the medium term, even the deeper scenario is considered to be a stronger base for a greater launch towards higher monthly closures. Risk management is necessary, but current declines are an opportunity to gradually purchase. In my personal opinion: This is not the traditional golden age, but rather a new gold age ... Every decline is an opportunity to enter smart and ready for the next start.