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

In our group, we secured profits in two rounds when gold hit an all-time high of $3045. Currently, we are still focusing on selling at $3040-$3045, as this is the liquidity grab zone for sellers.I believe we can still trade within the sideway range, and be cautious of the two liquidity sweep zones as I have marked in the image.Sell Liquidity 3040-3045: We can place Sell Limit orders in this area.Buy Liquidity 3020-3025: We can place Buy Limit orders in this area.The reason for this sideway phase of gold is that the market is awaiting the Fed meeting at 1:30 AM tomorrow, March 20th. After that, a strong trend will emerge. My plan is still leaning towards the Buy side, as the market is currently concerned about a potential economic recession in the US.Therefore, we can focus on making small profits during this sideway period and wait for the next upward wave. Thank you for your review, and I hope you'll stay longer by pressing Follow.