Technical analysis by TetanForex about Symbol PAXG on 3/5/2025

At the moment Gold is consolidating between two DAILY levels as you can see on the charts.We have two possibilities. If we can break 2929 level up and retest and get any kind of confirmation to go long the we will do so, at the other scenario, if the price goes down to below DAILY level of 2898 and close below and retest this zone and get sell confirmation we are going to SHORT. All in all, the consolidation between this zone is also inevitable if we close the day or get any strong bearish candle below the 2929 level. So lets's see TRADERS!GOOD LUCK!!