Technical analysis by GoldFxMinds about Symbol PAXG on 11/15/2025

Hello traders, Gold enters the new week holding its ground at the very top of a monumental rally. Last week printed a sharp rejection wick from premium territory, signaling absorption and the first sign of exhaustion after weeks of vertical expansion. The weekly structure now stands at a crucial decision point where the next candle could define momentum for the rest of the month. Macro And News Narrative A dense USD-driven calendar is lining up. FOMC Minutes may shift expectations around policy easing. Labor and PMI data can influence short-term dollar demand. Geopolitical tension remains an underlying driver that often fuels volatility in gold during uncertain weeks. From a weekly perspective, this environment is ideal for decisive movement in either direction, making structural levels even more important. Bias From Weekly Structure The dominant trend remains bullish, yet the weekly chart shows a clear signal of deceleration. Gold rejected a major premium supply, left a wide SCFI imbalance beneath price and is now hovering just above a key decision zone. The market is still bullish in the big picture, but conditions support the possibility of a controlled retracement into discount. Weekly Structural Map 🟥 Upper Weekly Supply 4300 to 4150 The origin of last week’s rejection. This is the immediate premium distribution zone that halted the advance. Logic 4150 becomes the first upside target because it marks the beginning of distribution. 4300 becomes the second because it completes the delivery of the entire supply block. 🟥 Mid-Premium Supply Block 4600 to 4450 The next premium layer above the current rejection area. Logic 4450 becomes the continuation target once 4300 is cleared, as it marks the next premium imbalance boundary. 🟥 Extreme Premium Supply 4900 to 4750 A deeper premium structure visible in the extended swing. It activates only if gold resumes the trend with strength. Logic 4750 is the next untouched premium layer and a natural continuation target. 🟦 First Weekly Demand 3720 to 3570 The last valid weekly order block before the major bullish break of structure. It aligns with an older imbalance that has not been fully delivered. Logic 3720 becomes the first downside target if the decision zone breaks. 3570 completes the full delivery of the demand block. 🟦 Mid-Weekly Demand 3350 to 3200 The correct intermediate demand zone from your W1 chart. This is the consolidation base that formed before the major continuation leg. It is not a wick but a structured corrective pause, supported by a small imbalance below it. Logic If 3570 fails, this zone becomes the next structural destination because it represents the next intact weekly discount area before long-term accumulation. 🟦 Deep Weekly Demand 2820 to 2670 A long-term accumulation block far below current price. Not in immediate play but important in the weekly architecture. ⚪ Weekly Decision Zone 4085 to 3950 This zone contains the upper section of a wide SCFI imbalance and sits directly beneath current price. A weekly decision here will determine whether gold returns to premium or shifts into a multi-layered retracement. Bullish Scenario If buyers defend the decision zone and respond inside the SCFI imbalance, gold can drive back into premium. A move above 4085 shows regained interest. A break through 4150 completes the first premium delivery and opens the path to 4300. If buyers sustain this momentum, price can extend toward the Mid-Premium Supply Block at 4450 and, if the trend accelerates, into the Extreme Premium Supply around 4750. These targets follow the natural progression of supply block boundaries and premium inefficiencies. Bearish Scenario If the decision zone fails and weekly price closes below 3950, the structure invites a deeper retracement. The first destination becomes the Upper Weekly Demand at 3720 to 3570. If sellers break beneath this zone, gold naturally gravitates toward the Mid-Weekly Demand at 3350 to 3200, which is the next structural discount layer. Only a strong weekly close below that area would expose the path toward the Deep Weekly Demand at 2820 to 2670. This progression follows the clean weekly staircase of discount levels. Conclusion Gold begins the week at a critical turning point. A premium rejection, a wide SCFI imbalance, a multi-layered demand map and a decision zone directly beneath price create a clear structural narrative. Whether gold reclaims premium supply or slides into deeper discount will depend on how price behaves within the decision zone. What do you think about this weekly map? Share your thoughts below, hit like and follow GoldFxMinds for more precision outlooks. 🚀✨