Technical analysis by TheSignalyst about Symbol PAXG: Buy recommendation (10/2/2025)

Gold has been pushing higher within its bullish log-chart structure, moving inside two rising channels (red short-term and blue long-term). The interesting part? The $4000 level is acting like a magnet, and it happens to intersect with the upper bound of both channels. This rare confluence makes $4000 a key level to watch. As long as the bullish momentum holds, Gold remains on track toward this magnet level. But once there, the reaction will be critical, a clean breakout could open the door for fresh highs, while a rejection may trigger a correction before continuation. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr