Technical analysis by rana_sadi about Symbol PAXG on 10/28/2025

Developed standard wave analysis Gold failed to rise by breaking 4010.911 to achieve wave Z. The current anticipation is either an extension at 5 of Z... or the formation of a connecting wave for the larger frame... or an upward return to achieve new peaks. Probability of extension 5 of Z: Confirmation: - Stability in the price area 3864.522 - 3883.341 - 3906.516 without breaking or closing. - An upward return, achieving the interruption targets 3966.522 - 3985.330 - 4004.029, provided that the price does not penetrate 4019.805, not even by the tail of a candle. - A bearish return to achieve a new low. Probability of forming a larger frame connecting wave: Confirmation: - In this case, the upward correction will target the target areas. This is confirmed by the price breaching 4019.805 + stability + 30-day close. - An extension of the rise will occur, provided that the peak 4161.320 is not breached, not even by the tail of a candle. - A bearish return to break the bottom and form a new bottom. Possibility of an upward return to achieve new highs Confirmation: Breaking the price 4161.320 may begin with a false breakout and return to stability above the price + 30-day close