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

Gold remains strongly bullish within its rising parallel channel, confirming a sequence of higher highs and higher lows on the H1 timeframe. Each correction phase has been shallow and consistently supported along the midline, signaling strong buyer momentum and institutional support. At the current stage, price has slightly rejected from the upper boundary near $4,145–4,160, suggesting a short-term pullback could occur before the next leg higher. Key Technical Levels Support zone: $4,085–$4,100 (previous swing low and trendline confluence) Resistance zone: $4,185–$4,220 (channel top and Fibonacci 1.618 extension) Trendline support: Holding firmly across all swing lows since late September Trading Strategy As long as price remains within the ascending channel, the bias stays bullish. The ideal strategy today is to: Wait for a pullback toward the $4,085–$4,100 zone Look for bullish confirmation (EMA rebound or RSI bounce from 50) Target the next resistance around $4,200–$4,220 A clean break and close above $4,220 could open the path to $4,250+ in the upcoming sessions. Summary The market structure is still intact and momentum supports further upside. Short-term retracements can be used to re-enter long positions at better prices. Traders should maintain patience and discipline, aligning with the dominant bullish trend. Remember — trend is your friend until it bends. Follow for more daily gold strategies and updated setups.