Technical analysis by Matthew_TraderGold about Symbol PAXG on 11/26/2025

1. Market Overview Gold opened today’s session in a tight consolidation range while still maintaining its short-term bullish structure on the H1 timeframe. Buying pressure remains stable, but demand is not yet strong enough to break through the 4150 resistance zone, which is the confluence of the higher-timeframe descending trendline and the H1 supply area. 2. Current Technical Data The H1 structure remains in a short-term uptrend, with a clear Higher Low formed. Key Buy Zone (H1): 4110 continues to play the role of a major demand zone. Strong resistance sits around 415x, aligned with the descending trendline from the higher timeframe. Bullish momentum is still present, but each retest of the trendline shows strong reaction → indicating sellers have not fully stepped aside. Bollinger Bands and EMAs are tightening, signaling an incoming volatility breakout. Overall, the market appears to be building energy for a significant move, with clear positioning between buyers and sellers. 3. Price Action Scenarios • Breakout Scenario above 4160 If price breaks above 4160 with a clean H1 candle close, it would confirm buyer dominance. This type of breakout would be considered genuine and may validate a continuation toward the 4180 region. • Pullback Scenario toward Key Buy 4110 If gold rejects the 4160 zone and retraces, price may draw liquidity downward toward 4110–4120 before accumulating for another push upward. This area aligns well with SMC principles, as it previously produced a strong bullish footprint. 4. Trading Strategy (Educational technical outlook only — not financial advice) ✔ BUY-STOP 4160 Break and H1 candle close above 4160 → confirms active bullish order flow. Trigger: 4160 Invalidation: 4150 Target: 4180 ✔ BUY at Key Demand Zone 4110 A liquidity-driven pullback into 4110–4120 offers a clean accumulation area. Entry: 4110 Invalidation: 4098–4102 Targets: 4140 → 4160 ✔ BUY from 4088–4090 (if deeper sweep occurs) Final defensive demand zone where buyers may step back in. Invalidation: 4078 Targets: 4120 → 4140 5. Conclusion Gold is preparing for a potential breakout after an extended accumulation phase. The 4160 level acts as the “gateway” that may determine the direction of the entire session. - Today’s scenarios can be summarized as: Break above 4160 → potential move toward 4180 Liquidity sweep toward 4110 → potential rebound toward 4150 Rejection at 4160 → possible drop toward 4135 and 4110 Among these, the 4160 breakout confirmation remains the clearest and most structured option from a technical perspective. A confirmed break above 4160 could propel price quickly toward the 4180 region. Don’t forget to like and share your thoughts in the comments! ❤️