Technical analysis by Elliottwaveofficial about Symbol PAXG on 3/2/2025

Gold (XAUUSD) Weekly Update: Gold has entered a correction phase after showing divergence. Based on Elliott Wave, Wave 3 has ended, and we're now in Wave 4. If 2800 holds, the main trend stays bullish, and after this correction, Wave 5 could push us towards $3000! 💰 Key Levels: Support: 2800 Resistance: 2862 – 2882 As long as price stays below the 2862-2882 range, the trend is bearish short-term. A break above could signal a bullish continuation. 📈 What’s your take on gold? Will we see $3000 soon? Drop your thoughts below! 👇 #XAUUSD #Gold #GoldAnalysis #XAU #TechnicalAnalysis #Trading #ElliottWave #Forex #Investing #GoldPrice