Technical analysis by Henrybillion about Symbol PAXG on 10/15/2025

Trend: Strong Bullish Momentum Continues Overview: Gold has extended its uptrend, following a clear ascending channel on the H1 timeframe. Price action continues to respect both the dynamic trendline and key structural supports. Despite a temporary pullback from the recent high, bullish structure remains intact as long as price holds above 4,090 – 4,100 USD. This behavior reflects a healthy “impulse–correction–continuation” pattern often seen in strong bull trends. Technical Breakdown: Main Support Levels: • 4,090 – 4,100 → Key intraday support • 4,010 – 3,960 → Deeper retracement zone • 3,910 – 3,850 → Strong structural support • 3,790 – 3,730 → Major demand zone Resistance Zone: • 4,250 – 4,300 → Next upside target area EMA alignment (EMA20 > EMA50) confirms ongoing bullish strength, while RSI remains above the 55 level, showing strong momentum but not yet in extreme overbought conditions. Trading Plan (Short-Term Focus): Scenario 1 – Buy the Dip (Main Bias): Buy Zone: 4,090 – 4,100 Stop-Loss: Below 4,070 Take-Profit: 4,230 – 4,250 – 4,300 This setup follows the continuation pattern after a minor retest of the ascending trendline. Scenario 2 – Breakout Confirmation: Wait for a clean break and retest above 4,220 Target the next psychological zone near 4,300 – 4,350 Market Outlook: The bullish trend remains dominant, supported by both technical structure and market sentiment favoring gold as a safe-haven asset. Unless the 4,090 level breaks decisively, buyers will likely maintain control in the short to mid-term. Save this analysis if you find it helpful, and follow for more daily trade setups and strategic updates on XAU/USD.