Technical analysis by MarkSteve_7 about Symbol PAXG: Sell recommendation (6/2/2025)

Gold price maintains its bid tone above the $3,300 mark during the Asian session on Monday. Trade-related uncertainties, rising geopolitical tensions, Fed rate cut bets, and fresh USD selling lend support to the bullion. The XAU/USD, however, lacks bullish conviction and remains confined in a multi-day-old range as traders now look to this week's key US macro releases for a fresh impetus.