Technical analysis by Henrybillion about Symbol PAXG on 11/4/2025

Gold remains in a tight consolidation phase around the $3,985–4,000 zone, following a series of lower highs and equal lows — a classic sign of market indecision before a stronger move. From a technical perspective, the structure suggests a possible liquidity sweep toward $4,050–4,060 before a potential reversal to the downside. Key technical zones: Resistance: $4,060 / $4,140 / $4,185 Support: $3,940 / $3,900 / $3,825 The trendline and horizontal support alignment around $3,940 indicates where short-term buyers might attempt to defend, but failure to hold this zone could open the path toward deeper retracement targets. The 1H EMA cluster remains flat, confirming lack of momentum, while RSI continues to reject mid-levels — a signal that bulls are losing steam. Trading strategy idea: Scenario 1: Wait for price to retest $4,050–4,060 zone → look for bearish rejection signals (e.g., fake breakout or bearish engulfing) → target $3,940 / $3,900. Scenario 2: If gold breaks below $3,940 cleanly → follow short continuation toward $3,825. This setup aligns with the broader bearish bias unless a strong daily close above $4,060 occurs. Remember: patience before confirmation often yields better risk-reward entries. - Keep this setup saved and follow for more daily gold strategies and liquidity-based trading insights.