Technical analysis by caylibhendricks007 about Symbol PAXG on 10/19/2025

Gold has had a 9 week bullish run based on historical data this has only occured 6 prior times . This is a strong indication that this might be the last leg of the run for gold . With China finding mines of gold and south Africa having a massive reseve in gold up to 1. Trillion , we might see the supply increase if these countries decide to utilize these reserves . Outlook gold closes previous week high creating the top wick for the coming week and selling off to follow , Gold can either continue with this run to month end breaking history where gold has only ever traded once for 10-12 consecutive bullish Weeks . With us still looming in a shutdown , and no economic data release yet such as NFP. causing more uncertainty.