Technical analysis by ArmanShabanTrading about Symbol PAXG: Buy recommendation (1/5/2026)

By analyzing the #Gold chart on the 4-hour timeframe, we can see that price first made a clean pullback to $4274, then strong demand stepped in and pushed gold sharply higher to $4440. After reaching this key psychological resistance, price corrected and is now trading around $4414. If gold can close and hold above $4404, we can expect further upside. That said, a short-term pullback toward the $4334–$4346 zone is still possible. With ongoing geopolitical risks, gold could even push toward levels above $4550 in the short term. Let’s see how the market reacts next. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman ShabanBy analyzing the #Gold chart on the 4 hour timeframe, we can see that price moved exactly as expected. After correcting to $4396, gold started a new bullish move and delivered more than 950 pips, pushing above $4490. Right now, gold is trading around $4483, and with rising geopolitical tensions, this rally could continue without a deep correction. If momentum stays strong, upside targets above $4500 and even $4550 are on the table. All major supply and demand zones are marked on the chart. Keep a close eye on price reaction around these levels.