Technical analysis by KTechnicalLevels about Symbol PAXG on 11/2/2025

## 📆 We have now extended our view from the **Daily** to the **Weekly timeframe** to get a broader and clearer market structure picture. After creating a new **lifetime high at 4381**, gold faced **strong rejection** and printed **two consecutive bearish weekly closes**. However, last week price reacted sharply from the **Weekly Fair Value Gap near 3886**, showing strong demand from that zone ✅ --- ### 🟥 **Bearish Scenario** The level **3886** remains extremely crucial. If this week gold faces heavy selling pressure and we see a **weekly close below 3790**, then we may witness a **strong downside continuation** towards: 📍 **3460 – 3242 zone** This area can act as a **major long-term buying opportunity** if price reaches there. --- ### 🟩 **Bullish Breakout Scenario** On the upside, if the weekly candle **closes above the previous ATH zone – 4380 to 4400**, then we may see the start of a **fresh bullish leg** towards: 🚀 **4878 – 5000 zone** A weekly close above this range would confirm a **continuation of the bigger bullish cycle**. --- ### ✅ **Conclusion** This week’s **weekly candle close is extremely critical**. It will decide whether gold enters a **deep pullback phase** or **resumes its strong uptrend**. Stay patient and follow structure, not emotions. 📊✨