Technical analysis by Mihai_Iacob about Symbol PAXG on 10/31/2025

In yesterday’s analysis, I mentioned that after the reversal from the 3920 support zone, Gold (XAUUSD) could continue higher toward the 4050 resistance area. Indeed, that target has been reached, followed by a 600-pip leg down overnight. At the moment, the price is resuming its upward move and is trading back above $4,000, around 4025. Going forward, I expect volatility to remain high. If the bulls fail to sustain the price above 4050, another leg to the downside could follow. For now, I’m out of the market, waiting to see whether we’ll get another test of 4050 — and more importantly, how the price reacts in that zone. 🚀