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

XAUUSD Entering the consolidation phase 3038 - 3024 ahead of the news - Fed interest rate meeting. The overall situation is predictable, but gold is reacting to increased geopolitical risks.Gold remains stable ahead of the Fed's decision as markets await data. The regulator is expected to keep rates unchanged, but Powell's forecast will determine the next momentum. Fed's "hawkish" tone could lead to a stronger dollar and gold correction. "Dovish" signals about economic risks will support metal price growth. Geopolitical tensions and Trump's tariffs continue to have an impact. Markets are preparing for high volatility amid Fed decisions and global events.Resistance levels: 2038, 2045Support levels: 3024, 3015, 3004.9Several trading scenarios can be considered:Breaking through resistance levels 3038 - 3045, price consolidates above with next growth target at 3050 - 3060.Or wait for news reaction and potential support level breakouts to find strong levels for false breakout trading, such as 3024, 3015, 3005.Regards KevinSterling!