Technical analysis by Moon-ForexAcademy about Symbol PAXG: Buy recommendation (6/12/2025)

XAU / USD trend forecast JUNE 12, 2025⚠️According to the European Central Bank (ECB), Gold has surpassed the Euro (EUR) to become the second-largest asset held in global central bank reserves. This shift has been fueled by unprecedented levels of buying and the metal’s continued price appreciation. The ECB highlighted that Gold is becoming increasingly appealing to emerging and developing economies, many of which are seeking protection against sanctions and growing uncertainty over the long-term dominance of major currencies in the global financial system.⚠️ Gold price in the US trading session yesterday increased strongly, breaking the sideway price zone. Continue to increase well and wait for PPI information. Wait for reaction around the price zone 3403🚨/// SELL XAU : zone 3402-3405SL: 3410TP: 50 - 100 - 300pips ( 3375 )🚨/// BUY XAU : zone 3347-3344SL: 3339TP: 50 - 100 - 300pips ( 3374)Safe and profitable tradingExactly trend , increase , XAU touch 3399 .