Technical analysis by GoldenSpaceship about Symbol PAXG: Buy recommendation (10/23/2025)

Gold Market Analysis: Yesterday's gold price essentially saw a range-bound correction after a sharp drop. The 4-hour chart saw back-and-forth fluctuations, forming a large range. Today's gold price is expected to continue to fluctuate within this range. Both the 4-hour and daily charts showed very long lower shadows, reducing the likelihood of a direct unilateral move. Gold has already fallen over 300 points in the two days before yesterday and yesterday, and technically, it needs a period of correction and consolidation. Today's gold trading strategy is both buying and selling. Look for patterns of volatility. Note that gold has been extremely volatile over the past two days, making it easy to lose money if you buy and sell based on technical analysis. Try to follow the 30-minute trend to chase orders. A small intraday move can reach 50 points. Don't be too concerned about the profit margin. Gold prices will continue to rise in the morning session. Let's first look at the minor support level of 4065. If this level stabilizes, it could reach a new one-hour high. Today's buying strategy must focus on 4161. If it breaks again, it could trigger a new buying trend. Let's look for buying opportunities in the Asian session. Support is at 4065 and 4080, with strong support at 4000 and resistance at 4161. The market's strength-weakness dividing line is at 4065. Fundamental Analysis: The alarming crude oil inventory data is supporting crude oil buying prices. Furthermore, whether Federal Reserve officials have signaled further interest rate cuts will support gold buying. Trading Recommendations: Gold - Buy around 4065, target 4110-4165