Technical analysis by Henrybillion about Symbol PAXG on 10/30/2025

After moving into the new day, the market’s behavior remains within expectations, showing no significant change in the overall structure. On the H1 chart, gold continues to fluctuate around $3,940, facing a clear short-term resistance near $3,990–$4,000 and a higher resistance zone around $4,070–$4,120. From a technical perspective, the price is attempting a short-term pullback. If buyers manage to hold above the intraday support zone of $3,920–$3,910, a corrective rally toward $4,000–$4,070 could unfold. However, failure to sustain above that area could trigger another leg down, targeting $3,870 and possibly $3,820. The RSI remains neutral, showing no strong momentum shift yet, while EMA lines suggest bearish pressure remains dominant until a breakout above $4,070 occurs. This makes the current phase a liquidity-building zone before a decisive move either way. Key Levels to Watch Resistance 1: $3,990–$4,000 Resistance 2: $4,070–$4,120 Support 1: $3,920–$3,910 Support 2: $3,870–$3,820 Trading Strategy Scenario 1 (Bullish): Wait for a confirmed break and retest above $4,000 to aim for $4,070–$4,120. Scenario 2 (Bearish): If price rejects the $4,000–$4,070 zone, consider short positions toward $3,870 with tight risk control. Gold traders should remain patient and let price action confirm direction before committing to new entries. Remember, clarity often comes after liquidity sweep — stay disciplined and react to confirmation, not prediction.