Technical analysis by Dinjin about Symbol PAXG on 1/7/2026

This chart shows gold maintaining a broader bullish structure while working through a corrective pullback on the daily timeframe. After a strong upside expansion, price rotated lower, tested reclaimed structure, and has since rebounded back into a higher-low formation. Recent candles indicate renewed upside participation, with price recovering above short-term averages rather than continuing lower. Prior downside momentum has weakened, suggesting the pullback functioned as trend digestion rather than distribution. Key structural observations: The dominant higher-timeframe trend remains constructive, with higher lows intact. Price is interacting with reclaimed daily structure instead of breaking decisively below it. Recent target interactions (“HITs”) highlight active engagement at key reference levels rather than rejection. Multi-timeframe context: Daily and weekly reference zones are closely aligned, creating a near-term decision area. Higher-timeframe resistance remains overhead and may influence continuation speed. Lower reference levels beneath price define the structure that would need to fail to negate the bullish bias. Momentum context: Momentum is stabilizing following a corrective downswing. Projected momentum suggests potential re-acceleration if price continues to hold above current structure. Loss of momentum support would more likely lead to range development, not immediate trend failure. Forward-Looking Scenarios (Probabilistic) Acceptance above reclaimed daily structure favors continued upside probing toward higher-timeframe resistance zones. Failure to hold current levels may result in sideways consolidation or a deeper corrective phase within the broader trend. Directional clarity is expected as price resolves interaction with nearby weekly reference levels. All levels shown are contextual reference points, not guarantees. This chart is shared for educational and informational purposes only and should be confirmed using additional tools, timeframes, and risk management.