Technical analysis by Khan_YIK about Symbol PAXG on 12/19/2025

H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remains the same as analysis dated 20 October 2025. Price has printed as per previous intraday expectation by printing a bearish CHoCH which indicates, but not confirms, bullish pullback phase initiation. Price is currently trading within an established internal range, however, I will continue to monitor price with regards to depth of pullback. Intraday expectation: Price to continue bearish, react at either discount of 50% internal EQ, or H4 supply zone before targeting weak internal high priced at 4,380.990. Note: The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively. Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed according to my analysis dated 15 December where I mentioned price will target weak internal high priced at 4,353.555 following bearish pullback to discount of 50% internal EQ. Price has printed a bearish CHoCH, therefore, price is now contained within an established internal range. Intraday expectation: Price to trade down to either M15 demand zone, or discount of 50% internal EQ before targeting weak internal high, priced at 4,374.655 Note: Gold continues to exhibit elevated volatility as markets digest the Federal Reserve’s ongoing dovish tilt and persistent global geopolitical tensions. With uncertainty remaining a dominant theme across global risk assets, traders should prioritise disciplined risk management, as abrupt price swings and liquidity pockets may become increasingly common. Furthermore, recent tariff announcements from President Trump, particularly those directed at China, have added another layer of instability to the macro landscape. These policy developments have the potential to intensify market turbulence, heighten risk‑off flows, and trigger sharp intraday reversals or whipsaw‑like behaviour in gold. M15 Chart: