Technical analysis by FOREXcom about Symbol PAXG on 10/22/2025

The volatility in gold continues. The metal fell a further 2.6% to close in on $4,000, extending drop from Monday's all-time high to over 8% amid profit-taking and dollar strength. It had staged a decent bounce yesterday but that turned out to be a dead-cat. Anyway the area between around 4000 to 4022 is where the trend line, round 4K handle and 21 day exponential all converge. Needs to hold to keep bulls interested in dip buying. Below 3944, the most recent low prior to the breakout above 4K, things will turn bearish. By Fawad Razaqzada, market analyst with FOREX.com