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

1️⃣ Trendline Short-term: Bearish. Price remains below the descending trendline → selling pressure is still dominant. Structure: Weak technical pullback, forming a lower high → no clear reversal signal yet. 2️⃣ Resistance 4,445 – 4,447: Strong resistance, confluence of Fibonacci 0.618 + trendline touch → ideal sell zone if confirmation appears. 3️⃣ Support 4,396 – 4,394: Near-term support + previous breakout zone + lower trendline touch. 4,333 – 4,331: Major support + GAP area + lower trendline touch. 4️⃣ Scenarios Priority: Look for SELL setups at resistance, trading with the trend. BUY: Only reactive buys at strong support levels, no FOMO. Trade Plan BUY GOLD: 4333 – 4331 Stop Loss: 4321 Take Profit: 100 – 300 – 500 pips SELL GOLD: 4445 – 4447 Stop Loss: 4457 Take Profit: 100 – 300 – 500 pipsMy analysis is proving to be very accurate. After breaking through the key resistance zone at 4396, the price has risen quite strongly and is heading towards the important 4445-4447 zone that I identified earlier.SELL GOLD: 4445 – 4447 Stop Loss: 4457 Take Profit: 100 – 300 – 500 pips HIT TP1 +110PIPS