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

KnightsofGold
THE KOG REPORT - Update

End of day update from us here at KOG: A good start to the year and week with the gap on open breaking our bias level and completing the red box targets. We also managed to achieve the red box defence where earlier we got the RIP for a bonus reverse trade. Now we have resistance at the red box which needs to be monitored for a 4H close, otherwise, we'll stick with the idea and look for a possible retracement here into the 4430-20 region initially. With this gap below and the stretch in play, we're too high and it's too risky to attempt going long, so there is no option but to wait for the pullback or, to attempt the short from resistance levels. Key levels here: 4455 Resistance with 4460 in extension 4440 support with 4435 in extension As always, trade safe. KOG