While the traditional market seeks direction, PAXG (Paxos Gold) has just given us a lesson in resilience. In the last few hours, we witnessed a brutal "cleaning" movement: a sudden drop to $4,463 that was absorbed within minutes by institutional buyers, catapulting the price back to the $4,920 zone.
What is really happening?
It’s not just trading; it’s a signal of global sentiment in 2026:
The great absorption: That long wick on the 4H chart tells us that there are "strong hands" waiting for any drop to accumulate tokenized gold. Below $4,800, the appetite is voracious.
Strategic consolidation: After the scare, the price has stabilized. We are in a phase of "tense accumulation" just below the psychological resistance of $5,000.
Safe Refuge: With inflation and geopolitical uncertainty in the headlines, capital is flowing towards physical-backed assets, but with the agility of blockchain.
Where are we going?
Technically, the price is struggling with its short-term moving averages. If we manage to close consistent candles above $4,922, the next target is to test the highs of $5,046. We are facing an imminent trend change that could define the rest of the quarter.
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