Technical analysis by Arthur_FXMaster about Symbol PAXG: Buy recommendation (12/28/2025)

A bullish Elliott Wave setup for XAUUSD (Gold) on a 15-minute timeframe, indicating a potential move toward the $4,570 level. Current Market Context Trend: The price is completing a 5-wave impulsive cycle. We are currently in the transition from Wave 4 consolidation into the final Wave 5 push. Key Support: A "Demand Zone" has formed between $4,515 – $4,525. The price is currently holding above this level. Price Action: Gold is breaking out of a "Range bound zone" and retesting the dashed support line. Technical Outlook Bullish Target: The "Target zone" is identified at approximately $4,565 – $4,575, aligned with the projected peak of Wave (5). Support Levels: Immediate support sits at $4,520. A secondary deeper demand zone remains at $4,450. Momentum: The blue projection arrows suggest a "buy the dip" opportunity within the current demand zone for a final rally. Would you like me to calculate the specific Fibonacci extension levels to see if they align with that $4,570 target?Sorry for little bit late our trade hits 200pips before breakout however trade is aslo valid for buy trend but you may also wait for update