Technical analysis by isahebdadi about Symbol PAXG: Buy recommendation (10/4/2025)

🧠 Short-Term Technical Outlook: Gold has shown a strong bullish impulse, followed by a sideways consolidation phase (marked by the purple box). This range — roughly between $3,870 and $3,890 — represents market indecision and energy buildup before the next breakout move. 🔍 Key Levels: Resistance Zone: $3,890 – $3,895 Support Zone: $3,870 – $3,875 📈 Bullish Scenario (Breakout): If price closes above $3,895 with strong volume, buyers could push gold toward higher targets. 🎯 Upside Targets: $3,905 $3,915 🛡 Stop Loss: below $3,870 📉 Bearish Scenario (Breakdown): If gold breaks and holds below $3,870, sellers may take control, triggering a short-term correction. 🎯 Downside Targets: $3,860 $3,845 🛡 Stop Loss: above $3,895 ⚖️ Summary: Gold is in a neutral consolidation zone after a strong rally. The best approach right now is to wait for a clear breakout or breakdown confirmation before entering a trade.