$PAXG is showing quiet strength right now. Price is holding around 5002 after a clean intraday recovery from the 4966 support zone. Buyers stepped in with confidence and pushed the pair back above the psychological 5000 level.

Short-term momentum looks positive while price stays above 4980. If bulls keep control, the next test sits near 5014 and a clean push above that could extend the move higher. On the downside, losing 4980 may bring a quick retest of the recent low area.

Gold-backed assets moving like this usually signal steady accumulation, not hype. For now, the structure favors the bulls, but watch the key levels closely.