Technical analysis by Learn_And_Earn_Trading about Symbol PAXG on 3/26/2025

Initially, Gold price was following an upward trendline and making higher highs. A breakout occurred, shifting the momentum into a downtrend, confirmed by a downward trendline and lower highs.Key level:Resistance Area: The price reached a high and then reversed.Support Level: The price found support multiple times.Bullish Scenario: A breakout above the downward trendline could lead to a move towards the resistance area.Bearish Scenario: If the price fails to break resistance, it may retest the support or even the strong support level before bouncing back.A break above resistance could signal a strong buying opportunity.A drop to support levels may offer a buying opportunity on a bounce or a selling opportunity if support breaks.Guys, If you like the post, support me with like and follow. if you have any question about analysis drop a comment.