Technical analysis by PFXteam about Symbol PAXG: Buy recommendation (3/23/2025)

Gold Price Action Outlook | March 24th - 26thAs we approach the new trading week, gold's price action presents three probable scenarios for Monday through Wednesday. At this stage, without confirmed market movement, these scenarios represent the most accurate forecast based on current market structure.🔹 Scenario 1 (Red): Bullish Continuation – If buyers remain in control, we could see a break above key resistance levels, leading to further upside momentum.🔹 Scenario 2 (Blue): Range-bound Consolidation – Price may establish a temporary range as market participants await key catalysts. This would suggest indecision and require further confirmation before a directional move.🔹 Scenario 3 (Yellow): Bearish Reversal – If sellers step in at resistance, gold could retrace to test lower support levels, possibly setting up a short-term pullback.As the week progresses, price action will provide more clarity on which scenario is unfolding. By Wednesday, I’ll share refined trade ideas with entry, exit, and stop-loss ideas based on confirmed movements.For now, stay patient and watch how the market structure develops. Which scenario do you think is most likely? Let me know in the comments!📌 Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice. Always conduct your own research and consult a professional before making any trading decisions.#Gold #XAUUSD #Trading #Forex #TechnicalAnalysis #PriceAction