Technical analysis by bruceyam about Symbol PAXG: Sell recommendation (10/14/2025)

Gold has staged a remarkable rally since 2022, accelerating after breaking out of the cup and handle pattern in March 2024. Following this spectacular surge, prices have now touched the upper boundary of the channel, likely marking the completion of the fifth wave. A correction toward the 38.2% support level at 3200 could be on the horizon. Gold enthusiasts, please fasten your seat belts—volatility may be ahead.Let’s watch how gold closes today and tomorrow. If the price moves lower and forms a bearish weekly candlestick, it will likely confirm the wave count.