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

The price of gold has consecutively surge in price for the past 2 months to break the ceiling of the bullish flag pattern formed based on the 4-hour chart. The asset has gained 35% so far earning almost $1200 prior the surge. With investors sentiment shifting to the asset Gold might claim the 4k resistant this last quarter. With the RSI at 83, the asset is currently overbought with possible retracement to the $4200 Zone before the next legged up.