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

Gold is currently recording around $4,112 on the H4 frame after a sharp correction wave. The recent selling reflects profit taking and not a trend reversal. FVG areas between $4,050–4,130 indicate untested liquidity. Major support is at $4,050, and resistance around $4,130 intersects with the upper Ichimoku cloud. US-China tensions and US price index forecasts weigh on short-term flows. The $4,050–4,070 level is expected to be tested before an attempt to break $4,130. Breaking $4,050 may open the way towards $4,000.