Technical analysis by ElenaMayi about Symbol PAXG: Buy recommendation (3/7/2025)

Gold inched lower on Friday on some profit-taking, but was on track for a weekly rise as uncertainty around U.S. President Donald Trump’s tariff plans firmed demand, while investors awaited U.S. non-farm payrolls data.The level of 2922 may act as a temporary barrier, leading to a possible rejection as a corrective move before the price gathers enough momentum for a breakout. Such a correction would allow the market to absorb selling pressure and establish stronger support before resuming its upward movement. If the price successfully breaks above 2922, it would confirm bullish continuation toward 2938 and 2955.Tendency Keys: 2922Resistance Line: 2922, 2938, 2955.Support Line: 2895, 2880, 2844Your feedback is valuable! If you agree or see something different, comment below—let’s exchange ideas!