Technical analysis by InvoTrading about Symbol PAXG on 12/7/2024

📊 2 Scenarios for Gold Next Week 📊 Scenario 1: 🐻 Bearish Breakdown to Liquidity Zones : 🔻 Trigger: Gold breaks below the rising wedge. 🎯 Targets: • 2,610 (Daily Fibo 0.618). • 2,560–2,575 (Order Block). ⚠️ Key Watch: Bearish momentum confirming the breakdown. --- Scenario 2: 🐂 Bullish Breakout Targeting Higher Highs 🔼 Trigger: Gold holds the wedge and forms a false breakdown, then rallies. 🎯 Targets: • 2,680 • 2,700+. ⚠️ Key Watch: Buying pressure near wedge support and bullish confirmation. --- 📢 Stay Tuned! 🚀 Trade signals coming next week based on price action! 📈✨