Technical analysis by Med_In_Trade about Symbol PAXG on 2/8/2025

This analysis breaks down the 4 possible scenarios for Gold (XAUUSD) based on the chart structure and liquidity levels. Chart Overview & Context Price is currently consolidating near $2,860 after a sharp move up and rejection from previous ATH. Plenty of liquidity below, where price may sweep before making new ATH or continuation down trend. Higher timeframe trend remains bullish, but short-term corrections are possible. Key Scenarios for Monday and the Week. Scenario 1 – Bearish Breakdown (Short-Term Move Down) Price rejects from $2,860 and breaks below the lower support $2,855 and retest the lower liquidity around $2,850. Target around $2,835 - $2,832 for a deeper liquidity grab. Confirmation: Break of structure (BoS) below $2,855 and failed bullish attempts. Invalidation: Strong bullish reaction at $2,855. Scenario 2 – Bullish Reclaim and Re-Accumulation. Price holds above $2,855 and starts forming higher lows. A breakout above the resistance of $2,872 - $2,875 will confirms a bullish push and continuation of the pump. Target: Reclaiming $2,884 ATH and possibly testing $2,890-2900 area. Confirmation: Break above $2,872 and retest of structure as support. Invalidation: Price loses $2,855 support and breaks lower. Scenario 3 and 4 will most likely develop later in the week... Trade safe and stay patient!Scenario 2 completed and scenario 4 developed into the break above ATH. Stay tune for next idea!!