The gold market (both PAXG digital and XAU spot contracts) is witnessing a state of strong downward correction as a result of the decline of geopolitical “risk premium”. The charts of the watch frame show a clear break of all major moving averages (MA25 and MA99), which means that the short and medium trend is completely shifted in favor of the bears.

The main reason for this decline is the state of anticipation and anxiety surrounding the end of the truce between the United States and Iran (scheduled to end today, April 22, 2026). Despite growing expectations of a new negotiation round in Islamabad, “smart money” is now coming out to secure profits, leading to extensive monetization. The price is now testing critical MA7 support levels, and any further break could open the door to a violent decline towards the $4,650 area.
⚡ Trading Settings (Discrete Objectives) ⚡

1. SETUP $PAXG /USDT (SALE - SHORT 🔴)

Entry Area: $4,720.00 – $4,745.00

List of goals (Take Profit):

TP1: $4,680.00

TP2: $4,657.00 (local bottom)

TP3: $4,620.00

Stop Loss (SL): $4,785.00

2. SET UP $XAU /USDT (SALE - SHORT 🔴)

Entry Area: $4,740.00 – $4,770.00

List of goals (Take Profit):

TP1: $4,695.00

TP2: $4,672.00 (Local Bottom)

TP3: $4,640.00

Stop Loss (SL): $4,810.00