Technical analysis by Moon-ForexAcademy about Symbol PAXG: Buy recommendation (6/13/2025)

XAU / USD trend forecast JUNE 13, 2025⚠️Gold prices are climbing for a second consecutive session, approaching but not yet breaching the $3,400 mark, supported by softer US inflation and employment data alongside escalating tensions in the Middle East. At the time of writing, XAU/USD is trading around $3,386.Investor sentiment remains positive following successive US inflation reports that have increased pressure on the Federal Reserve (Fed) to begin easing monetary policy, as the full effects of tariffs on consumer prices have yet to materialize. Meanwhile, signs of labor market fragility persist, with US jobless claims exceeding 240,000 for the second week in a row.Additionally, ABC News reported that Israel is weighing the possibility of launching a military strike against Iran in the near future. In parallel, US Senior Advisor Steve Witkoff is expected to hold talks with Iranian officials in Oman this weekend.⚠️ Gold price officially surpassed 3400, the increase was very strong when the Middle East tension broke out. Waiting for reaction at the old ATH price zone: 3490🚨/// SELL XAU : zone 3489-3492SL: 3497TP: 50 - 100 - 300pips ( 3462 )🚨/// BUY XAU : zone 3380-3377SL: 3372TP: 50 - 100 - 300pips ( 3407 )Safe and profitable tradingExactly trend , increase . XAU touch 3447