Technical analysis by Lukegforex about Symbol PAXG: Buy recommendation (1/8/2026)

XAU/USD 4H - How we getting on guys. I hope you are all okay, I thought I would provide you all with some analysis here on Gold today, this market is looking very interesting. As you can see I want to see price pullback clearing this FVG before continuing this bullish momentum to the upside. Its just a case of us waiting for confirmation to enter, having the right parameters before we take place. We would be following the prevailing trend which is to see this market go bullish, we would also have other confluence like a BOS to the upside after the penetration of this zone. Once we have that we can begin looking to enter. At which point it will then be a case of waiting for price to pullback a second time, giving us the ability to get involved with a refined entry.