Technical analysis by QuinnReed_Charts about Symbol PAXG: Buy recommendation (9/22/2025)

Gold has recently broken its all-time high and is currently trading at 3711, signaling continued bullish momentum in the market. However, after such a strong breakout, a short-term retracement is likely as price action tends to revisit previous consolidation zones to gather liquidity. I'm now watching the 3693–3696 area closely—a key level where gold previously consolidated before the breakout. This zone is expected to act as a liquidity pocket, where the market may dip briefly to shake out early long positions and trap impatient sellers before resuming its upward trajectory. This kind of move is typical in strong trending markets, where price pulls back to retest former resistance turned support and collect orders before the next leg higher. My plan is to go long in the 3693–96 range, with a tight stop-loss placed at 3685, just below the liquidity sweep zone, minimizing downside risk. The target for this trade is 3725, anticipating that momentum will carry gold to fresh highs once the pullback completes and institutional buying steps back in.