Technical analysis by Maya_Clarkfx about Symbol PAXG on 12/24/2025

Gold is currently trading inside a symmetrical triangle, showing clear price compression between descending trendline resistance and ascending trendline support. This structure suggests a strong breakout is approaching. Earlier price action showed multiple CHoCH (Change of Character), confirming a shift in short-term market structure, followed by a BOS (Break of Structure) that led into consolidation rather than continuation — a sign of indecision and liquidity building. Key Levels & Scenarios: 🔼 Bullish Scenario: A clean breakout and close above triangle resistance opens the path toward the weak high, with upside continuation expected after a minor pullback. 🔽 Bearish Scenario: A breakdown below triangle support would confirm bearish intent, targeting lower liquidity and prior demand levels. Bias: Neutral until breakout Strategy: Wait for confirmation (break & retest) before entry Market Condition: Volatility expansion expected ⚠️ Patience is key — let price reveal directionPrice consolidated within the wedge and failed to hold above the trendline support. After a clear breakdown below support, bearish momentum accelerated, confirming the continuation move. Price did not reclaim the broken structure, and sellers remained in control. The projected downside path played out cleanly as price expanded lower and reached the marked downside target, completing the move as anticipated.