Technical analysis by ABU-RAYAN about Symbol PAXG on 1/6/2026

Technical Summary (XAUUSD) Current situation: Price (4,463) is moving within an ascending channel. Bullish scenario: A breach of 4,772 opens the way towards the historical target at 6,200 Bearish scenario: Breaking the support level 4,183 means a negative shift targeting the 3,450 area Conclusion: The general trend is bullish as long as the price is above 4,253