Technical analysis by Khan_YIK about Symbol PAXG on 10/9/2025

H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has continued with it's bullish trajectory, printing further ATH's, breaching the $4000 mark for the first time. Price is currently trading within an internal low and fractal high. CHoCH positioning is denoted with a horizontal blue dotted line Intraday Expectation: Price to indicate bearish pullback phase initiation by printing bearish CHoCH. Note: The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively. Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price continued bullish, printing further ATH's. Price has printed a bearish CHoCH, however, as mentioned in yesterday's analysis, I will be monitoring depth of pullback. Pullback is insignificant, therefore, I will again apply discretion and not classify as such. I have however marked this in red. Price has since printed a further bearish CHOCH which means that price is now trading within an established internal range. However, I shall, again, be monitoring depth of pullback. Intraday expectation: Price to trade down to either discount of 50% EQ, or M15 supply zone before targeting weak internal high priced at 4,059.350. Alternative Scenario: Price could potentially target strong internal low as H4 TF enters it's bearish pullback phase. Note: Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment. Additionally, President Trump’s tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws. M15 Chart: