Technical analysis by ProfitMagnet-Pro about Symbol PAXG: Buy recommendation (10/26/2025)

Gold (XAUUSD) has confirmed a Double Top pattern, with the neckline breakout leading to a notable downside move. After hitting support near the 4061–4014 zone, price is now showing possible consolidation with signs of a potential bullish rebound. Resistance Zone (Neckline Retest): 4145 – 4150 Immediate Support: 4061 Major Support: 4014 If price respects the support area and forms a higher low, a bounce toward the neckline resistance could trigger bullish continuation toward 4200+ levels. A breakdown below 4061 may extend bearish pressure toward 4014 support. Waiting for confirmation around support or a clean rejection from key levels can help avoid false entries.