Technical analysis by jamesibartram about Symbol PAXG: Buy recommendation (9/25/2025)

jamesibartram
Gold - Wave 2 of 5 (1H Forecast)

🚀 Gold 1H Forecast – Wave 5 Loading? 🥇✨ Alright traders, let’s decode this chart 👇 🔭 Bigger Picture We’re cruising inside a clean ascending channel 📈. Wave count shows we’re gearing up for the final push (Wave 5) after a solid corrective move. Price just bounced off that 3,711–3,720 support pocket like a trampoline 🏀. 📉 The Pullback The corrective ABC move (a–b–c) tapped into demand perfectly. Liquidity trend got cleaned up — stops swept, weak hands shaken 😮💨. That bounce birthed sub-wave (i), with (ii) retracing right into support (chef’s kiss setup 👌). 🚀 The Next Impulse Expectation: (iii) blast up into the 3,850s zone 💥 Shallow (iv) pullback (quick snack stop 🍔) Then a final (v) rocket toward the 3,870–3,880 resistance 🎯. ⚡ Key Levels Support : 3,711 → hold this = liftoff. Resistance : 3,857–3,870 supply wall = Wave 5 target. If support cracks, deeper discount levels below 3,677 open up. 🕳 🎯 Play Idea Bias = Bullish (Wave 5 still in play). Look for entries on pullbacks above 3,711 support. Eye profit taking near 3,857–3,870 zone. 📌 Summary: Gold just reloaded at demand, structure screams Wave 5, and momentum’s cooking. Don’t chase green candles — let it dip, then ride the impulse 🚀.