Technical analysis by Henrybillion about Symbol PAXG on 11/10/2025

Gold continues to hold its bullish momentum after a strong impulsive move from the $3,940 zone, forming a clean uptrend structure on the H1 timeframe. The current setup shows price retesting the broken trendline and holding above minor intraday support at $4,078. A successful retest here could trigger another leg toward the upper resistance at $4,121 – $4,130, aligning with the 1.618 Fibonacci extension zone. RSI remains in the bullish territory, supporting short-term continuation bias as long as price stays above $4,050. Trading Plan: Entry: $4,079 – $4,082 (trendline retest area) Stop Loss: Below $4,050 Target: $4,121 – $4,130 Risk/Reward Ratio: ~1:2 If gold maintains structure above EMA20 and the trendline, buyers may dominate intraday. However, a breakdown below $4,050 will invalidate the bullish scenario and signal potential correction toward $4,020. Stay alert for confirmation candles before entry, and remember—reaction at this level will determine the next move. Follow for daily professional gold strategies and chart updates.