Technical analysis by SroshMayi about Symbol PAXG: Buy recommendation (6/13/2025)

Gold | Market OverviewThe escalating conflict, particularly Israel’s attack on Iran, is significantly driving bullish momentum in the gold market. Should Iran respond, we may witness a continued rally toward new all-time highs.As previously forecasted, gold successfully reached our target of 3431. A short-term correction toward this level is possible before the uptrend resumes. However, if the price manages to close a 1-hour candle above 3431, it will likely trigger a swift move toward 3500 and 3525. • Pivot Level: 3431 • Resistance Levels: 3480, 3500, 3525 • Support Levels: 3404, 3376, 3366