Technical analysis by WeTradeWAVES about Symbol PAXG on 12/21/2025

Gold is currently displaying a phase of controlled price action following its recent advance, with momentum slowing but structure remaining intact on the 4H timeframe. This behaviour reflects a market that is digesting gains rather than rushing into continuation or reversal. Participation appears more selective, suggesting traders are waiting for fresh cues before committing to the next directional move. Such pauses are often a natural part of broader trends as price recalibrates and prepares for its next expansion. Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.