PAXG/USDT · 1D · 2 Nov 2026
PAX Gold (PAXG) price analysis — daily chart
PAX Gold (PAXG) is at 3,919 on the 1D chart. PAXG is in a range, inside a weekly downtrend. There is no run of higher or lower swings to call a trend; price is boxed between 3,897 and 3,963.
No clean trend, at support — bullish engulfing at the floor, RSI 29
Where PAXG is
A range — no side in control.
PAXG is in a range, inside a weekly downtrend. There is no run of higher or lower swings to call a trend; price is boxed between 3,897 and 3,963.
The weekly picture: between a bear and a bull phase, 30% under the cycle high; on the daily, price is below the 200-day (4,315), and the 50-day is below the 200-day. The daily has no trend of its own.
The last candle printed a bullish engulfing right at the 3,897 floor — buyers rejected the level on the close. One candle is a first sign, not proof: the next close holding above 3,897 is what confirms it.
PAXG rose 5% to 4,512 on the daily chart, then gave it all back, dropping 14% to 3,889. It is now pinned in a tight 3,897–3,963 band. The 3,963 ceiling has turned price back 6 times.
The daily structure had been coiling — lower highs pressing down on higher lows — until price broke the 4,293 swing low 7 weeks ago and has stayed under it.
Who's behind the move
The evidence sits on the sellers' side. ADX is 36, a real trend, with sellers ahead (+DI 14, −DI 37). Price is under the average price paid since the swing low (anchored VWAP 4,236), so the buyers since that low are under water. Volume flow backs it — more volume has traded on down candles than up (CMF -0.27). So far it has not been enough to move price out of the box.
Everything else on the chart: Price is under every average that matters: the Ichimoku cloud and the 200 EMA (the 20 under the 50). RSI is 29: the selling has stretched it. MACD is below its signal line, so the latest swing has downward momentum of its own. Everyone who bought since the last top is still losing (average since the swing high 4,582).
Value is migrating lower — the prices where most volume trades keep moving down.
Price is moving through value quickly — the market is not accepting these prices.
The levels on the chart
3,897 below and 3,963 above decide it.
3,897 is the floor; price has not tested it on this chart yet. It is also the weekly open.
3,963 is where sellers keep showing up: it held 4 of 5 visits, and the turns there ran 5.0% within 5 candles. It is also a fib retracement.
4,006, the 3-TF resistance 2.2% above price: sellers turned price there on 8 of 9 visits.
The long-term lines: the 200-day average at 4,315 (+10.1%), the 50-day average at 4,167 (+6.4%), the yearly open at 4,337 (+10.7%) and the quarterly open at 4,167 (+6.3%).
4,036, an order block 3.0% above price: it gave way on 7 of 13 visits; it lines up with the 20 EMA.
The last swing high at 4,082, not yet taken — the kind of spot where stop orders usually sit just above.
4,167 is the level on the most timeframes — 3 timeframes (1D/4H/1H), 3 touches; a high-volume node and resting liquidity sit at the same price.
The running drop runs from 4,512 to 3,889. The golden pocket, 4,274–4,294, is where the 0.618 retracement of that drop sits. Its extensions mark 3,720 (1.272) and 3,504 (1.618) below.
4,189 is where two separate tools meet: the 0.5 Fibonacci level of the last swing and a resistance.
4,122–4,142 is a fresh supply zone: price rallied into it, paused, then dropped hard (2.4 average candles in one move); price has not been back since.
A bearish breaker block at 3,986–4,013: an old order block that price has since broken through.
The nearest round numbers: 4,000 above and 3,750 below.
A 3-touch resistance trendline broke, failed and price is back on the old side — the line is now near 4,056.
Pattern on the chart: bullish engulfing (printed), fails past 3,897.
What to watch
A 1D close past 3,963 or 3,897 changes the picture.
A 1D close above 3,963 breaks the range's ceiling; the next level up is 4,009.
A 1D close below 3,897 breaks the range's floor; no tested level below it on this chart.
How to use it
Watch 3,897: a 1D close below it is what changes the story.
The common misread: reading moves in the middle of the box as signals — the read only changes at 3,897 or 3,963.
Since the last read: the range from earlier today is still holding — unchanged.
Key levels
| Level | Price | From price | Role |
|---|
| 3-TF resistance | 4,167 | +6.3% | confluent, sr |
| Fib retracement | 4,142 | +5.7% | fib, hvn |
| Order block | 4,130 | +5.4% | order block, swing |
| 3-TF resistance | 4,082 | +4.1% | confluent, golden pocket |
| Order block | 4,036 | +3.0% | order block, fib |
| 3-TF resistance | 4,006 | +2.2% | confluent, golden pocket |
| Fib retracement | 3,986 | +1.7% | fib, sr |
| Fib retracement | 3,963 | +1.1% | fib, sr |
| 2-TF support | 3,897 | -0.6% | confluent, calendar |
Updated 2 Nov 2026. Run a live PAX Gold read →
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