Technical analysis by Henrybillion about Symbol PAXG on 11/13/2025

Gold (XAU/USD) – Price Stalls at Key Supply, Compression Signals Imminent Breakout Move Gold continues to remain capped under the 4,148 supply zone, with price forming a tight consolidation range right below resistance. The recent impulsive rally has brought buyers into control, yet the failure to break above the ceiling highlights growing exhaustion and a potential reversal if momentum weakens. From a structural view, price retested multiple demand zones on the way up, respecting bullish orderflow and EMA alignment. However, the current sideways compression at the top suggests that the market is deciding the next directional leg. Key Technical Levels to Watch Immediate Resistance: 4,148 – critical supply where rejection has occurred multiple times Nearest Support: 4,120 – minor demand zone created after the breakout Deeper Support: 4,075 – strong accumulation area Major Support: 3,985 – previous base of the rally Trading Outlook As long as gold remains below 4,148, upside momentum is limited and short-term pullbacks remain possible. A clean break above this level would invalidate the bearish structure and open the door for continuation toward new highs. Conversely, a break back below 4,120 could trigger a deeper correction, with 4,075 as the next logical downside target. The current H1 price compression near supply suggests a high-probability breakout setup is forming. Traders should watch how the next candles react around these key levels to determine the intraday bias. If you find this analysis useful, feel free to follow for more daily strategies and market insights.