Technical analysis by LABA_GOLD_TRADING about Symbol PAXG: Buy recommendation (10/14/2025)

Current Market Overview Current Price: 4,140.65 Trend: Bullish short-term structure within an ascending channel. The market has been forming higher highs and higher lows, indicating ongoing momentum to the upside. 📊 Chart Analysis Ascending Channel: Price has respected the upward channel with clean touches on both upper and lower boundaries — suggesting strong bullish control. Support Zone (4,070–4,103): A clearly marked support level where buyers are likely to step in again. Entry Point: 4,103.074 Stop Loss: 4,070.469 This zone aligns with previous consolidation and channel midline support. Target Level: Target: 4,238.934 Expected Gain: ~3.39% (+139 points) This target aligns with the upper boundary of the ascending channel and previous resistance zone. 📈 Trade Plan Summary ParameterLevel (USD)Notes Entry Point4,103.074Wait for price to retest support Stop Loss4,070.469Below support zone Target4,238.934Near resistance area Risk–Reward Ratio≈ 1:4Very favorable setup ⚙️ Projection Expect a minor pullback to the support area before continuation upward. If the price holds above 4,070, buyers may regain momentum. A break below 4,070 could invalidate the bullish setup and open downside risk. 🧭 Conclusion Gold remains bullish above 4,070 with a potential move toward 4,238. Watch for a retest and rejection confirmation at the support zone before entry to validate bullish continuation.