Technical analysis by Henrybillion about Symbol PAXG on 10/14/2025

Gold continues to move inside a well-defined ascending channel, with price currently testing the upper boundary near 4145 – 4150. The bullish momentum has remained consistent since the recent rebound from the midline support zone around 3980 – 4000, supported by higher highs and higher lows across the 1H timeframe. Technical Outlook Trend: Strong bullish momentum within ascending channel Support zone: 4090 – 4085 Resistance zone: 4215 – 4220 EMA confluence: 20 EMA remains below price action, acting as dynamic support RSI: Approaching overbought levels (>70), signaling potential short-term exhaustion Trading Strategy If the price sustains above 4140, short-term buyers may aim for 4215 – 4220 as the next resistance target. However, failure to break cleanly above 4150 could trigger a corrective pullback toward 4090 – 4100, where fresh buy setups may appear along the lower channel line. Buy Zone: 4090 – 4100 Stop Loss: 4080 Take Profit: 4215 – 4220 (partial), open above breakout Market Sentiment The bullish structure remains intact as long as gold trades within the channel. Traders should watch for a breakout above 4220 for confirmation of continued upside, or a channel breakdown below 4080 to confirm short-term reversal pressure. Gold remains fundamentally supported by inflation expectations and global risk aversion, keeping the medium-term bias bullish. Note: Monitor price reaction around 4150 — a decisive breakout could extend momentum sharply, while rejection may trigger temporary consolidation. If you find this setup valuable, follow for more daily gold trading strategies.