$PAXG is still looking strong from a higher-timeframe perspective.
After reaching the upper range, price corrected into a healthy demand zone and is now reacting with strength. The structure is not broken; it looks more like a reset after an aggressive move. Buyers are defending the dip, and the daily chart is showing signs of continuation if momentum holds.
Gold-backed assets usually move slower, but when they trend, they respect structure very cleanly. If $PAXG holds above the recent higher-low zone, the next target remains a retest of the previous supply area.
The chart is still bullish as long as the recovery structure stays intact.
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