$PAXG is currently trading at $5,436 following gold's historic rally past the $5,000/oz mark in early 2026. On-chain data shows massive whale accumulation, with $14.33M recently withdrawn from exchanges, signaling institutional "safe-haven" positioning. However, the price is currently hitting a massive overhead resistance at the $5,450 level. On the 15m chart, we see a "Double Top" forming with a bearish RSI divergence, suggesting whales are looking to "shake out" late retail buyers before the next leg up.

PAXGUSDT

Perp

5,550.16

+4.77%

The Trade:

Entry: 5,435 – 5,450 (Short on resistance rejection)

Take Profit (TP): 5,280 (Primary retest of structural support)

Stop Loss (SL): 5,510 (Above the all-time high resistance)

Leverage: Low (3x - 5x) – Commodities are heavy; don't over-leverage.

Risk Warning:

Scalping is high risk. PAXG tracks physical gold; any sudden geopolitical news or Fed decisions can cause massive price gaps. Use strict SL.