Technical analysis by Arthur_FXMaster about Symbol PAXG on 12/29/2025

XAU/USD 15-minute chart, here is a technical summary of the current setup: Market Context Trend: The price is currently in a corrective phase following an impulsive move toward Wave (5). Current Price:$4,516.06 (Gold Spot). Pattern: The chart shows a completed 5-wave Elliott Wave structure, followed by a breakdown of a "Broken Support Line." Key Technical Zones Demand Zone (Immediate): The price is currently oscillating within a minor demand/range-bound zone between $4,510 – $4,525. H1 Fair Value Gap (FVG): A significant lower demand zone and liquidity gap exists near $4,460 – $4,475. Target Zone (Upside): Long-term resistance and the ultimate target sit near $4,570. Potential Scenarios 1. Bullish Continuation: If the current demand zone holds, the price may consolidate and push toward the $4,570 Target Zone (indicated by the purple/blue arrows). 2. Deep Retracement: A failure to hold $4,510 likely triggers a drop to the H1 FVG ($4,460) to fill the gap before a potential move back to the upside. Summary Recommendation: Watch the reaction at the current $4,516 level. A strong bounce here confirms bullish strength, while a close below the current range suggests a deeper correction to the $4,460 demand zone.