Technical analysis by Moon-ForexAcademy about Symbol PAXG: Buy recommendation (7 hour ago)

XAU / USD trend forecast JUNE 18, 2025⚠️Gold prices slipped below the $3,400 mark on Tuesday, pressured by broad US Dollar (USD) strength despite a weakening risk appetite. Still, the ongoing escalation in the Israel–Iran conflict is expected to lend support to the safe-haven asset. As of writing, XAU/USD is trading at $3,380, registering a slight decline of 0.05%.While market sentiment remains cautious, Gold has struggled to gain momentum due to the USD’s renewed strength. The US Dollar Index (DXY), which measures the greenback’s value against a basket of six major currencies, rose by 0.46% to 98.58.Meanwhile, on Monday, US President Donald Trump unexpectedly left the G7 summit in Canada in response to developments in the Middle East. He urged people to “evacuate Tehran immediately” via his social media platform, signaling a worsening of the conflict that began last Friday.⚠️ Gold prices are moving down gradually according to the short-term trend H1. This is the market's move and psychology when it is almost certain that the FED will keep interest rates unchanged today, and will continue to increase strongly when the Middle East war continues to be tense this week.🚨/// SELL XAU : zone 3409-3412SL: 3417TP: 50 - 100 - 300pips ( 3382 )🚨/// BUY XAU : zone 3339 - 3336SL: 3331TP: 50 - 100 - 300pips ( 3366 )Safe and profitable trading