Technical analysis by for_forexit about Symbol PAXG: Buy recommendation (10/19/2025)

Gold (XAUUSD) is gaining momentum again after completing its 4th wave correction. The structure on the chart indicates the beginning of the 5th wave according to the classic Elliott count. Technical targets are 4.331 and 4.414 regions respectively. While momentum indicators are signaling a recovery, the RSI is still close to the neutral zone. If there is volume confirmation at these levels, it is possible that the rise will continue.