Technical analysis by pejman_zwin about Symbol PAXG: Sell recommendation (12/15/2025)

pejman_zwin
Gold Near ATH & PRZ — Is This the Top?

As I expected , Gold( XAUUSD ), after its pullback to the symmetrical triangle, has risen toward its target. Now, the question arises: given that Gold is near its all-time highs, is it still sensible to take long positions, or should we consider short positions instead? Gold is moving close to its All-Time High(ATH=$4,381) and the Potential Reversal Zone(PRZ) [$4,412-$4,366], also nearing the target of the Symmetrical Triangle Pattern. From an Elliott Wave perspective, it seems that Gold is in the process of completing microwave 5 of the main wave 5. One indication of this is the presence of negative Regular Divergence (RD-) between the two corresponding peaks. I expect that Gold will experience a downward correction and potentially drop to around $4,263, with significant support lines in place. Should those support lines be broken, we could anticipate even further declines. What are your thoughts? Do you believe Gold will reach new all-time highs, or are we looking at a correction ahead? First Target: $4,263 Second Target: Support lines Stop Loss(SL): $4,433 Points may shift as the market evolves 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌 Gold Analyze (XAUUSD), 4-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.Trade was activatedSince the US indices are due to be released in less than an hour, I closed the position manually with a profit.