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 & ContextPrice 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!!