Technical analysis by Zickey_11 about Symbol PAXG: Buy recommendation (10/16/2025)

Technical Overview Current Price: $4,292.85 Support Zone: $4,000 – $4,050 Resistance Zone: $4,450 – $4,500 Trend: Bullish (ascending channel) 🔹 Chart Analysis The price is moving steadily inside the upward channel, respecting both upper resistance and lower support trendlines. A short-term retracement may occur near the $4,350 zone (first target), aligning with mid-channel resistance before continuing toward the final target around $4,432–$4,450. The market shows strong bullish candles, confirming buying pressure with limited corrective dips. The support base near $4,150 remains strong — as long as this zone holds, the bullish trend is expected to continue. 🔹 Price Targets First Target: $4,350 Final Target: $4,432 – $4,450 Stop-Loss (if trading): Below $4,200 (trendline support)gold is flying like rocket its an unlimited hitting on my first target of my analysis.