Technical analysis by Nabi_Gunduz about Symbol PAXG on 1/4/2026

Hello, Daily pivot for Monday: 4347.95 Weekly pivot for next week: 4384.78 Monthly pivot for January: 4342.08 I don't know how the opening will be, but after a very long time, we witnessed the Ounce Gold price closing below the monthly, weekly and daily pivot for the first time. This week, I can say that opening a buy trade without seeing a DAILY candle close above the weekly pivot level of 4384.78 would not be technically correct for swing transactions. After a daily candle close above 4384.78, we can consider buying for the rest of the week. On the other hand; Without seeing a WEEKLY candle close above 4342.08, it would not be technically correct to think BUY for the rest of the month. When we examine our chart; We see that the price moves almost at the mid-level of 2 important regions. Perhaps the price may consolidate between these 2 regions for a while. I would like you to pay attention to the movement I have enclosed in an ellipse on the sol side of the chart. The beginning of the movement over the region and the movement experienced in the last 5 days are very similar to each other. Therefore, one cannot help but wonder if the continuation of the movement occurs like the movement in an ellipse. If such a possibility occurs, we may initially witness the price falling from the 2 blue zones to the upper one, and if it does not stop here, to the lower blue zone. I don't know how the markets will react to the latest cyclical developments. In fact, it is not possible to predict to what point the developments will evolve. Therefore, the reaction of the markets on the opening and Monday should be closely monitored. I wish you all a beautiful first week of the year...