Technical analysis by mohabbadi85 about Symbol PAXG on 3/19/2025

Gold Analysis – March 19, 2025 ✨📈Gold continues its upward movement after closing a full daily candle above 3030, pushing the price to 3045 so far. Will gold maintain its momentum and break higher, or is a correction coming soon? 🤔🔹 Bullish Scenario:✅ Holding above 3050 on a 4-hour candle will reinforce the bullish trend towards 3070/3075.✅ A breakout above 3090 could drive gold towards 3115 and 3140! 🚀✅ The RSI indicator still shows positive momentum—will it push prices even higher? 🔥🔹 Corrective Scenario:❌ If gold fails to hold above 3050 and falls below 3030, could we see a correction towards 3005? 📉❌ A daily close below 3005 might push gold down to 2980/2965—a key support zone!❌ RSI may signal a slowdown—are we due for a pullback before another rally? 😯🔍 Conclusion:🔹 Holding above 3050: Supports further upside towards 3070/3075 and possibly 3090! 📊🔹 Breaking below 3005: Could trigger a move towards 2980/2965 before any potential rebound.🔹 Will today’s close confirm the bullish breakout, or are we looking at a correction first? 🤨📌📢 What do you think? Will gold hit 3090 before correcting, or is a pullback imminent? 👀🚀