Technical analysis by mohabbadi85 about Symbol PAXG on 3/25/2025

📈 Gold at a Crossroads: Continuation of the Uptrend or a Corrective Pullback?Gold remains at a key level, requiring a daily close above $3055 to confirm renewed bullish momentum. As highlighted in previous reports, any stability above this level will reinforce the upward trend toward $3100+, especially after successfully retesting the mid-channel line in recent sessions and holding above $3000 once again.⚠️ Additionally, geopolitical tensions continue to serve as a significant catalyst, supporting further upside potential.🔍 Technical OutlookFrom a technical perspective, gold maintains an upward trajectory, forming a secondary ascending channel within the broader trend. However, failure to hold above $3000 on a daily closing basis could trigger a decline toward $2940, a crucial level that will shape the next market direction.📊 Key Scenarios to Watch📉 A corrective pullback? Will gold retrace to lower levels before resuming its uptrend?🚀 A breakout to new highs? Can the metal surpass $3100 and sustain further gains? The daily close remains the decisive factor.📌 Market IndicatorsThe Relative Strength Index (RSI) signals a short-term corrective move, adding to market uncertainty in the upcoming sessions.⚡️ Critical Price Levels✅ A daily close below $3000 may lead to a decline toward $2940 / $2935✅ Holding above $3055 reinforces bullish momentum, paving the way for $3100 / $3110#Gold #MarketAnalysis #Trading #Investment #Commodities #TechnicalAnalysis 💰📊🔥