Technical analysis by Henrybillion about Symbol PAXG on 10/13/2025

Gold continues to respect its ascending channel on the H1 timeframe. After retesting the 4,000 psychological level, price has regained momentum, forming a new short-term base around 4,035–4,045. The structure remains bullish, supported by higher highs and higher lows, with dynamic support from the channel’s lower boundary. Traders are now watching the retest zone near 4,050—a potential launch point for the next impulsive wave toward 4,120–4,160. Key levels to watch: Support: 4,035 – 4,045 / 3,990 Resistance: 4,085 / 4,120 / 4,160 EMA alignment: Bullish across short and mid-term EMAs RSI: Maintaining above the midline, confirming buying strength Trading strategy: If price holds above 4,035, consider buy setups on pullbacks toward the lower trendline or Fibonacci retracement 38.2–50% zones. A confirmed break above 4,085 may trigger strong continuation toward 4,120+. However, failure to defend 4,035 could signal a temporary correction toward the 3,990 area before resuming the uptrend. The bias stays bullish as long as structure and momentum remain intact within this channel. Follow for more daily insights and advanced gold trading strategies.