Technical analysis by NovaFX23 about Symbol PAXG: Sell recommendation (3/3/2025)

I believe 📉Gold has the potential for further downside. On the intraday chart, the market has been consolidating within a broad horizontal range for some time. A break below the support level signals strong bearish momentum, and the price is now retesting the previously broken support. I expect a potential decline toward the 2840 support level.