Technical analysis by Matthew_TradeRFX about Symbol PAXG: Buy recommendation (12/15/2025)

MARKET BRIEFING – XAUUSD (H1) Gold remains in a clean bullish structure on H1. The recent pullback is corrective, not a reversal. The sharp bearish candle was a liquidity sweep, immediately absorbed by strong buying confirming buyers are still in control and structure stays HH–HL. Key Levels: – Main Support (Demand): 4260 – 4270 – Current Range: 4270 – 4350 – Upside Targets: • TP1: 4350 – 4360 • TP2: 4380 – 4390 Price Action Read: Sell-side liquidity has been absorbed inside the support zone. Long lower wicks show aggressive demand. Price is consolidating above support a re-accumulation phase within the uptrend, building energy for the next expansion. Scenario: ➡️ Bullish Continuation (Primary): Hold above 4260 → consolidate → push higher → break toward TP1, then TP2. Pullbacks into support = continuation setups, not weakness. ❌ Invalidation: A decisive H1 close below 4260 would delay the bullish expansion and open room for a deeper correction. Bias: Buy pullbacks. Don’t chase highs. Gold is not distributing it’s loading the next impulsive leg.Gold Update — Short-Term Consolidation, Bullish Bias Intact Gold is currently moving sideways after a strong bullish breakout, which is a healthy pause rather than a sign of reversal. Price is holding above key support and previous breakout structure, showing that buyers remain in control while the market digests recent gains. From a macro perspective, soft U.S. yields, a less aggressive USD, and ongoing safe-haven demand continue to provide a solid floor for gold. This consolidation phase is likely accumulation before the next expansion, not distribution. As long as gold holds above the current support zone and maintains higher lows, the broader trend remains bullish, with the next upside leg expected once liquidity is fully absorbed.The recent price action continues to validate the original projection, even without referencing specific marked zones on the chart. Gold is behaving exactly as expected: after a strong impulsive move, price has shifted into a controlled consolidation phase rather than showing signs of rejection or trend failure. From a macro standpoint, the environment remains supportive. Global yields are easing as markets continue to anticipate a more accommodative stance from major central banks, while geopolitical uncertainty and sustained central-bank gold purchases are reinforcing long-term demand. At the same time, the U.S. dollar lacks strong follow-through, which reduces downside pressure on gold. Technically, this type of sideways movement after expansion is a healthy sign. It reflects absorption of supply and rebuilding of liquidity before continuation. As long as price holds its current structure and does not break key support levels, the broader bullish trend remains intact. For traders, the key takeaway is patience. This is not the phase for chasing price, but for allowing the market to complete its consolidation. Once accumulation is complete and momentum returns, the next directional move is likely to align with the existing bullish structure and macro backdrop.