Technical analysis by globuscapitas about Symbol PAXG on 10/8/2025

🔴 Resistance: 4,023 🚀 Upside Targets: 4,034 – 4,046 🟢 Support: 4,012 🚀 Downside Targets: 3,999 – 3,984 ⚠️ Risk Management is Key — Always Trade with Proper Risk-Reward Strategy ⚠️ 🔥 These Levels Work Best on 5 to 15-Minute Timeframes 🔥 ❤️ Market Wisdom to Remember: ❤️ ⭐ Trade what you see, not what you assume ⭐ Follow the trend — it's your only true friend ⭐ The chart tells the real story — trust it ⭐ Emotions & assumptions have no place in trading ⭐ Capital protection comes first — always At Globus Capitas, our mission is to empower individuals globally with the knowledge and skills needed to navigate financial markets confidently and work towards achieving their financial goals. 💪 Please Note: Levels shared are for DayTrading only. 🚫 Disclaimer: The information provided is purely educational. No buy/sell recommendations. Always do your own research, assess your risk tolerance, and consult a financial advisor before making any investment decisions. We are not responsible for any profit or loss. 💡 Your support matters! Like, comment, and follow to stay updated and motivated. Cheers & Trade Smart! 🚀Current Context & Drivers Gold recently broke above ~$4,00, pushing new highs. A weaker U.S. dollar, expectations of Fed rate cuts, geopolitical risk, and safe-haven demand are fueling momentum. Technicals point to overbought conditions (RSI divergence on shorter timeframes) indicating potential short-term pullback or consolidation. 🎯 Trade Forecast (Short-to-Medium Term) 🟢 Bullish Scenario If gold holds support in the zone ~$4,012 to ~$4,023 and reclaims resistance near ~$4,023, we could see continuation toward $4,034 → $4,046+ A clear breakout above $4,023 with good volume might open paths to $4,034–$4,046+ 🔴 Bearish / Correction Scenario If gold fails to hold support around ~$4,012 or ~$4,023, we could see pullbacks toward $3,999 → $3,984 or deeper to $3,950 Rejection from resistance zones without sustained momentum may lead to sideways or downward drift for a few sessions Strategy Suggestions Aggressive setup: Buy on dips near support (~$4,012 – $4,000) with tight stop below that area. Breakout play: Go long if price shows convincing close and retest above ~$4,023. Defensive approach: Wait for pullback/consolidation to finish and confirmation before entering. Risk control: Keep exposure modest. Gold’s rally is strong, but corrections are natural, especially from overextended zones1st Target Achieved.All Targets Done, Happy Trading