Technical analysis by que about Symbol PAXG: Buy recommendation (10/9/2025)

Gold’s structure is bullish. The market has front-run Powell’s softness., Investors are awaiting the Fed speech today. which will make the Unmitigated Liquidity @ $3,980: which is a key demand zone. If Powell’s tone remains dovish — reaffirming the rate-cut trajectory or even hinting at future easing — the market likely respects this zone as a springboard for the next leg up. Target: 1st TP at $4,193 will be my next liquidity pool. That’s likely where major profit-taking will happen; it's a magnet for short-term buyers. 1. My bullish sentiment theory is that if Powell hints inflation is “under control” or that the Fed will “stay accommodative,” gold likely surges past 4,100, testing that 4,193 zone. After that, expect a corrective pullback — maybe back toward 4,020–4,050. 2 . Bearish sentiment also theory is that Bearish, which is very (less likely): If Powell unexpectedly leans hawkish — emphasising “data dependence” and not committing to further cuts — we could see a retrace into the 3,980 liquidity zone before the next climb. As long as 3,980 holds, momentum remains intact, and 4,193+ is on the radar. 📈 Expected Price Path: Gold defends 3,980 (unmitigated liquidity zone). Quick impulse to 4,100 — momentum-driven breakout. Touches your 1st TP 4,193 zone (liquidity grab). Potential overshoot toward 4,250–4,280, then cooling back toward 4,150 as profit-taking hits. Trade Strategy Buy dips above 3,980. Trail stop below 3,950. Partial TP 4,150, full TP 4,193+. This is the “don’t fight the Fed” setup — textbook gold rally on easing rhetoric.