Technical analysis by KnightsofGold about Symbol PAXG on 12/28/2025

THE KOG REPORT: In last week’s KOG Report we said we would be looking for the lower red box to be targeted, and if held, we wanted to long to test the high from there. Unfortunately, that level did not present itself ultimately resulting in the break above and then the red box targets being completed in one full sweep. We were a little stretched upside but Excalibur remained consistent and we managed to capture some decent trades not on upside but on the retracements for the RIPs as well. Not a bad week at all not only on gold but the other pairs we trade and analyse. So, what can we expect in the week ahead? As we closed last week we have activations a little higher but without a pullback here I’m not comfortable entering new positions up here due to the shorter TF’s being overbought and sentiment still looking like it’s not convinced. For that reason, and due to it being the last trading week of the 2025, we’re going to play caution here and instead look above for the RIPs unless our target level below is hit and we get a long from there. So, we have the resistance level above at 4540 which will need to break for us to then target higher pricing, the pull back here should come from around the 4520 level which will need to hold us up. As long as it does, we see price attempting a new high but it’s that defence we want to watch for a clean reversal. If we can get that and the indicators align, short is the option for us attempting the break of 4520 and then the break of 4500 with the ideal target being the 4470 initially, 4455 and below that 4430-20 region. The above is based on price remaining below the 4555-65 level. RED BOXES: Break above 4540 for 4555, 4565, 4570 and 4583 in extension of the move Break below 4520 for 4510, 4504, 4490, 4479 and 4465 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOGI would say we're pretty much completed here. All bias level targets are done! RED BOXES: Break above 4540 for 4555, 4565, 4570 and 4583 in extension of the move Break below 4520 for 4510✅, 4504✅, 4490✅, 4479✅ and 4465✅ in extension of the move