Technical analysis by IvankaCrypto about Symbol PAXG: Buy recommendation (2/27/2025)

📊 XAUUSD (Gold/USD) Forecast for February 27, 2025Current price: $2886.47Technical Analysis:•Support level: $2876•Resistance level: $2900Indicators:•A sharp price drop is visible, but oversold indicators suggest a potential bounce.•Bearish momentum may slow down, depending on upcoming economic data.Fundamental Factors:•The US dollar is strengthening due to rising Treasury yields.•Traders are awaiting the US PCE report — volatility is expected.Possible Scenarios:1️⃣ Bullish scenario:•A bounce from $2876 could push the price towards $2900.•A breakout above $2900 may open the way to $2915.2️⃣ Bearish scenario:•A break below $2880 might drag the price down to $2865.