PAXG/USDT (PAX Gold) Analysis – weekly chart, 20/10/2026
PAXG is trading around US$4,133, down 0.25% over the past 24 hours. On the weekly chart, the asset has been correcting after reaching an all-time high near US$5,650. It is currently below the short-term moving averages, EMA(7) at 4,215 and EMA(25) at 4,306, but remains above EMA(99) at 3,892, preserving the long-term uptrend that began near 1,906. RSI(6) is at 34.45, in oversold territory, indicating short-term selling pressure, though there is room for a rebound.
Key levels:
🟢 Main support: ~US$3,943, reinforced by EMA(99) at 3,892
🔴 Main resistance: ~US$4,436, followed by 4,691
Chart pattern: There is no clear, confirmed chart pattern at the moment. The price is testing the support area at 4,167 after correcting from its peak, potentially forming a pullback within an uptrend. A reversal on volume above the short-term EMAs would strengthen the case for continuation; a break below 3,943 could open the way for deeper tests.
⚠️ This analysis is for informational and educational purposes only and does not constitute investment advice.
#PAXGTrading #PAXGUSDT $PAXG
PAXG is trading around US$4,133, down 0.25% over the past 24 hours. On the weekly chart, the asset has been correcting after reaching an all-time high near US$5,650. It is currently below the short-term moving averages, EMA(7) at 4,215 and EMA(25) at 4,306, but remains above EMA(99) at 3,892, preserving the long-term uptrend that began near 1,906. RSI(6) is at 34.45, in oversold territory, indicating short-term selling pressure, though there is room for a rebound.
Key levels:
🟢 Main support: ~US$3,943, reinforced by EMA(99) at 3,892
🔴 Main resistance: ~US$4,436, followed by 4,691
Chart pattern: There is no clear, confirmed chart pattern at the moment. The price is testing the support area at 4,167 after correcting from its peak, potentially forming a pullback within an uptrend. A reversal on volume above the short-term EMAs would strengthen the case for continuation; a break below 3,943 could open the way for deeper tests.
⚠️ This analysis is for informational and educational purposes only and does not constitute investment advice.
#PAXGTrading #PAXGUSDT $PAXG