Technical analysis by Moon-ForexAcademy about Symbol PAXG: Buy recommendation (6/17/2025)

XAU / USD trend forecast JUNE 17, 2025⚠️Gold prices fell below the $3,400 mark during the North American trading session, sliding over 1.45% despite continued elevated tensions in the Middle East due to the intensifying conflict between Israel and Iran. At the time of writing, XAU/USD is trading at $3,383, retreating from an earlier eight-week high of $3,452.On Friday, Israel launched strikes on Iran’s military and nuclear sites, as well as targeting senior officials, claiming Tehran was just days away from being capable of producing nuclear weapons – a claim that contradicts assessments by U.S. intelligence agencies. As a result of Israel’s offensive, negotiations between the United States and Iran have come to a standstill.Initially, gold surged on the news. However, the rally faded after reports, cited by the Wall Street Journal (WSJ), indicated that Iran might be willing to de-escalate and return to nuclear talks, improving overall market sentiment. That said, some Iranian officials have publicly refuted those claims.⚠️ Gold price adjusted down, completed liquidity at 3385. Continue to accumulate around 3400 waiting for FED interest rate results this week🚨/// SELL XAU : zone 3448-3451SL: 3456TP: 50 - 100 - 300pips ( 3421 )🚨/// BUY XAU : zone 3375 - 3372 SL: 3367TP: 50 - 100 - 300pips ( 3402 )Safe and profitable tradingGreat , + 250 pips , signal BUY 3375-3372 , amazing