Technical analysis by JoeChampion about Symbol PAXG: Buy recommendation (6/12/2025)

Hey Traders, In today’s trading session, we’re keeping a close watch on XAUUSD for a potential buying opportunity around the 3,330 zone. Gold continues to trade within a strong uptrend, and is currently undergoing a healthy correction, bringing it near a key support/resistance level that could act as a springboard for the next leg higher.From a fundamental perspective, rising geopolitical tensions in the Middle East have led to the evacuation of diplomatic personnel and increasing concerns of potential military escalation. As uncertainty grows, safe-haven assets like gold tend to attract stronger demand from investors seeking protection against volatility and risk.If the situation deteriorates further, we could see a surge in gold prices as market participants hedge against geopolitical instability.Trade safe,Joe