Technical analysis by Yurino86 about Symbol PAXG: Buy recommendation (11/10/2025)
XAUUSD: Gold is going to hit $5,000 USD.

1. Uptrend Confirmation: • After a period of correction/sideways movement (from around mid-October to early November), the recent Heikin Ashi candles have started turning green/bullish (corresponding to the dark green color in your target zone). • The green candle bodies are lengthening and have short or non-existent lower wicks, which is a classic sign of a strong and sustainable uptrend on a Heikin Ashi chart. 2. Short-term Resistance Breakout: • The current price ($4,087.880) has broken above the previous short-term resistance area (the red line and the price zone around $4,003.410 - $4,091.265), and is above the moving averages (EMAs - the thin red and green lines), indicating that buying pressure has taken control. 3. Buy Trade Setup (Long Position): • The chart shows a BUY trade setup with an entry price within the $4,091.265 region. • Take Profit (TP) Target: Set at a very high level, $4,987.515. This implies an extremely strong expectation for price appreciation, possibly based on extended analysis (Fibonacci Extension) or large institutional price forecasts. • Stop Loss (SL) Level: Set at $4,003.410, just below the old support/resistance zone, demonstrating clear risk control.
