Technical analysis by Mihai_Iacob about Symbol PAXG: Buy recommendation (12/31/2025)

Without any doubt, 2025 has largely been the year of precious metals (besides A.I). Gold, silver, and later platinum dominated market narratives, with December standing out as a particularly explosive month — especially for silver and platinum. And while making predictions for 2026 is inherently difficult — given how quickly fundamentals and geopolitics can shift — we can still extract a lot of insight from the charts and the broader technical context. So let’s break down the current situation and outline the key scenarios going forward. XAUUSD — Gold: A Sharp Correction Inside a Larger Bull Market After printing a new All-Time High around 4550 on the second day of Christmas, the yellow metal faced a violent reversal. On Monday, December 29th, the week opened with a major sell-off, and gold dropped nearly 2,500 pips from top to bottom. Yesterday, the bulls attempted to regain control, but their efforts failed and the session closed as a continuation Pin Bar, signaling potential downside continuation. At the time of writing, price is trading around 4320, testing and “flirting” with the rising trendline that started back in August. If we see a genuine breakdown below this structure, the next technical downside targets could be: - first zone: 4200 - extended correction target: 4050 These levels align with prior support clusters and psychological price areas. However — and this is the key point — even if gold corrects toward the 4,000 zone, I do not expect a long-term trend reversal heading into 2026. From my perspective, this move currently looks like: 👉 a healthy corrective phase inside a larger bullish cycle Once gold finds a meaningful bottom and the correction runs its course, the most probable long-term scenario remains: - trend continuation to the upside - renewed bullish momentum during 2026 - and a potential move toward new All-Time Highs, possibly even above 5,000 zone, if market conditions align. XAGUSD — Silver: Stronger Momentum & A More Explosive Upside Profile November and December brought an extraordinary rally in silver, with price almost doubling in a very short period of time. On Monday, December 29th, the market printed what looks very much like a blow-off top, followed by a sharp decline after reaching the 84 USD zone, a fresh ATH. After such a dramatic rise — from 45 to nearly 85 in just two months — a correction is not only normal… …it is healthy, necessary, and even welcome from a market structure perspective. And as I have repeatedly stated over the past six months: 👉 My medium-to-long-term outlook remains more bullish on silver than on gold Silver historically tends to outperform gold during later stages of a precious-metal bull cycle, and price behavior in 2025 fits that pattern quite well. Once this corrective phase ends, I expect: - the bullish trend to resume - volatility to remain ETREMELY high - momentum to shift back in favor of buyers With a realistic upside projection toward: ➡️ 100 USD — or even higher — during 2026 For long-term investors and position traders, one key area I am watching closely (if the correction deepens) is the: 🔹 60–63 USD zone This region may provide an attractive accumulation area for strategic long-term buying — assuming price stabilizes and confirms support there. XPTUSD — Platinum: The Late-Year Explosion & A Deeper Pullback Zone Platinum also delivered spectacular price action in December. From around mid-month, price literally exploded upward, culminating in a new ATH near 2600. At the moment, platinum is also inside a corrective phase — which is again perfectly normal after such an aggressive impulsive rally. From my point of view, if the pullback extends further, a particularly interesting technical area to watch is: 🔹 around the 1600+ zone This region may become a highly attractive level for long-term accumulation and potential buy-position setups — provided price confirms support and market conditions stabilize. Final Thoughts — Corrections Don’t Cancel Bull Markets Yes — corrections across precious metals currently look sharp and emotional. But sharp corrections are a defining characteristic of major bull markets. At this stage, nothing in the broader structure suggests a true long-term reversal. Instead: - gold remains structurally bullish despite the pullback - silver still shows stronger potential upside than gold - platinum is entering what may become an attractive accumulation zone 2026 may still belong to precious metals — even if the path forward includes volatility, deep retracements, and periods of uncertainty. As always, the market will have the final word — but technically, the broader narrative remains intact. 🚀 Happy New Year! Mihai Iacob