Technical analysis by ElaraQuinn about Symbol PAXG: Sell recommendation (11/6/2025)

Gold is witnessing slight increases amid volatile market movements, and is currently trading between $3,950 and $3,985. Important support areas are located between 3,945 and 3,955, while resistance is concentrated at 3,985 – 4,000. I expect gold to temporarily decline to 3,955 - 3,945, and perhaps to 3,930 - 3,925 to filter out weak buyers. If strong buy signals appear (long rejection candles and high trading volume), the price is likely to rise towards 3,985 – 4,000, and continue climbing to 4,020.