Technical analysis by Moon-ForexAcademy about Symbol PAXG: Buy recommendation (6/15/2025)

XAU/USD trend forecast next week: 16 June - 20 June 2025 ⚠️Another contributing factor was the continued decline in US inflation, as reflected in May’s Consumer Price Index (CPI) and Producer Price Index (PPI) reports. Additionally, the latest University of Michigan (UoM) Consumer Sentiment survey indicated that while households are feeling more positive about the economy, concerns about elevated prices persist.US President Donald Trump suggested that Iran was responsible for provoking the recent attack, with the US issuing warnings for Tehran to limit its nuclear activities.Looking ahead to next week, market participants will closely monitor the outcome of the Federal Reserve’s policy meeting, where officials are expected to update their economic forecasts. Alongside this, key data on Retail Sales, Industrial Production, housing, and employment will likely influence Gold’s price trajectory.⚠️Buying volume increases, gold price increases due to increasing war concerns. heading towards old ATH: 3500🚨 Resistance zone: $3498 , $3532 , $3560 🚨Support zone : $3385, $3291Safe and profitable tradingwait for the price of gold to continue to rise as the war intensifies as the market reopens