Technical analysis by AstronautPioneer about Symbol PAXG: Buy recommendation (1/6/2026)

1️⃣ Trendline Short-term trend: bullish pullback within a larger bearish trend. Price has broken the descending trendline → confirming a short-term structural shift. However, price is still below a major supply zone → no medium–long-term reversal yet. 2️⃣ Support 4,400 – 4,402 Key support zone Confluence of: demand zone + Fibonacci 0.5–0.618 + EMA → Area for technical buy reactions / holding buy positions. Below 4,400: short-term bullish structure is invalidated. 3️⃣ Resistance 4,515 – 4,517 Strong resistance zone Confluence of: Fibonacci 1.618 + previous supply zone → Prioritize sell reactions, avoid FOMO buying. 4️⃣ Fibonacci Current rebound has reached: 1.0 → trendline break Next target: 1.618 (4,515) Only a clean breakout above 1.618 would open the door for a higher bullish scenario. 📌 Trade Setup BUY GOLD: 4402 – 4400 Stop Loss: 4390 Take Profit: 100 – 300 – 500 pips SELL GOLD: 4515 – 4517 Stop Loss: 4527 Take Profit: 100 – 300 – 500 pips