Technical analysis by DOCTOR_PIPS05 about Symbol PAXG: Buy recommendation (11/6/2025)

Chart Overview Current Price: Around $4,007 Structure: The chart shows a bullish reversal pattern forming after a period of sideways movement inside a channel. Key Levels Highlighted: Support Zone: Around $3,920–$3,940 (marked in pink at the bottom). This area has held price multiple times, forming a strong demand zone. First Resistance / Take Profit Zone: Near $4,045–$4,050 (middle blue box). Second Resistance / Final Target Zone: Around $4,125–$4,130 (upper blue box). 📈 Projected Move The chart suggests a bullish breakout pattern: 1. Rejection from the support near $3,920. 2. Continuation upward through mid-resistance at $4,045. 3. Final target projected near $4,125. This move aligns with a higher high and higher low structure, implying potential continuation of bullish momentum if price sustains above $4,000. ⚠️ Watch Levels Invalidation: A break and close below $3,920 could invalidate the bullish scenario and reintroduce bearish pressure. Confirmation: A strong close above $4,050 would confirm bullish continuation toward the $4,125 area.