Technical analysis by ActuaryJ about Symbol PAXG: Buy recommendation (10/16/2025)

Gold Technical Analysis Daily Resistance: 4230, Support: 3059 4-Hour Resistance: 4260, Support: 4176 1-Hour Resistance: 4240, Support: 4203 Gold prices unsurprisingly hit a new high today, reaching a high of $4241/oz in the Asian session. Spot gold's year-to-date gain has officially surpassed 60%—the last time gold saw such a high annual gain was in 1979. Of course, price movements are not linear. While we are bullish, we must also be wary of potential sharp sell-offs. On the 1-hour chart, the MACD has already signaled a secondary top divergence. If it fails to hold above 4240, the New York market could experience a significant decline today. Focus on support near the intraday low of 4203, which also serves as an extension of the rising trend line. If broken, it could test the 4176-4160 support band. Upward resistance targets lie in the 4250-4266 range. BUY：4205near BUY: 4180near