Technical analysis by ftdsystem about Symbol PAXG on 10/10/2025

Gold formed a double top and reached the 3,940 formation target during yesterday’s selloff. It is now testing the 4,000 level from below. If this level holds, a slightly negative outlook for the next couple of days will be the base case, with gold moving closer to the main trendline. The trend currently sits around 3,885 and is rising. If gold manages to recapture 4,000 on a sustained basis, upward pressure toward 4,060 may continue. Traders should beware of possible traps around the 4,000 level.