Technical analysis by ElenaMayi about Symbol PAXG: Sell recommendation (3/10/2025)

Gold prices inched higher on Monday, supported by a weaker dollar and safe-haven flows amid fears of a global trade conflict, while investors awaited further signals to gauge the U.S. Federal Reserve’s interest rate stance.The price has declined from approximately 2,922. For today, we anticipate that the price will attempt to break and stabilize below 2,895. A successful break below this level could lead to a further decline, with the price potentially reaching 2,844.On the other hand, a bullish trend is expected to commence if the price moves above 2,922.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!