Technical analysis by AmirAliTrading about Symbol PAXG on 1/5/2026

By examining the hourly chart of XAUUSD, we can see that Gold started the week with a big NWOG, spanning from 4332.065 to 4356.505. Currently Gold is in the FVG, hitting the Consequent Encroachment of the FVG, trying to go through it. Currently Gold is being traded at 4428, and I expect further struggle with the FVG to break through it. Targets: 4448, 4471, 4494, 4520, 4540 and 4600.