Technical analysis by TotoshkaTrades about Symbol PAXG: Buy recommendation (6/14/2025)

The gold market isn't reacting — it's confirming. The Israeli strikes on Iran? That’s the trigger. But the move started earlier. Price was already coiled, already positioned. All the market needed was a headline. And it got it.Price broke out of the accumulation channel and cleared $3,400 — a key structural level that’s acted as a battleground in past rotations. The move from $3,314 was no fluke — it was a textbook build: sweep the lows, reclaim structure, flip the highs. Volume spiked exactly where it needed to — this wasn’t emotional buying. This was smart money pulling the pin.Technicals are loaded:— Holding above $3,396–3,398 (0.618 Fibo + demand re-entry zone)— All major EMAs (including MA200) are now below price— RSI strong, no sign of exhaustion— Candles? Clean control bars — breakout, retest, drive— Volume profile above price = air pocket — resistance is thin to nonexistent up to $3,450+Targets:— $3,447 — prior high— $3,484 — 1.272 extension— $3,530 — full 1.618 expansion — key upside targetFundamentals:Middle East is boiling. Iran is ready to retaliate. Israel is already escalating. In moments like these, gold isn't just a commodity — it's capital preservation. The dollar is rising — and gold still rallies. That means this isn’t about inflation, or rates. It’s about risk-off. Pure, institutional-level flight to safety.Tactical view:The breakout is done. Holding above $3,396 confirms the thesis. Pullbacks to that zone? Reloading points. While gold remains in the channel and momentum is clean, the only side that matters right now — is long.When price moves before the news — that’s not reaction. That’s preparation. Stay sharp.