Technical analysis by VIPCryptoVault about Symbol PAXG: Buy recommendation (12/23/2025)

Hello traders, I already explained in a previous educational post why a new ATH in Gold was expected. it was structural. It is how market has to move. XAUUSD | Going To New ATH XAUUSD | ATHs Aren’t Resistances. They’re Liquidity Now lets talk about some Elliot Wave principles. When wave 2 does a correction of 61% or more of wave 1, that is called a deep correction. Accordingly, Wave 3 is still expected to extend, but a 1.618 projection of wave 1 is the more conservative and realistic target, while 2.618 remains less likely at this stage. Now on the 4HTF, price respected the impulsive sequence perfectly: - Strong impulsive price action - Clear BOS - Followed by bullish continuation But that is only 1.41% extension. Which is not random and not enough. That is only where some will take their profit off the table. This is where late longs take profit and short liquidity starts to build. This is NOT the top As long as price holds structure, 1.618 extension will be my end goal before an actual correction. Pullbacks are corrective, not impulsive Shorts positions before structure completion remain liquidity, not smart positioning. There is no "too expensive" price. Markets will move when structure is finished and liquidity is swept. I expected this ATH. I explained why beforehand. Now I’ll be watching how the market complete the wave. Beware, price could pullback to clear the low FVG before it continues upward. Good Luck! Our analysis is shared with honesty, care, and real effort. If you find value in it, a like or comment means a lot to show your support🙏📊Price dropped to clear first FVG as indicated. There might be another drop. Waiting for price action