Technical analysis by MaxOnMarkets about Symbol PAXG on 6/24/2025

👀 Possible scenario:Gold (XAU) fell toward $3,350 on June 24 as easing Middle East tensions reduced safe-haven demand. Prices dipped after U.S. President Trump confirmed Iran had agreed to a ceasefire, with Israel expected to follow. A symbolic Iranian strike on a U.S. base in Qatar caused no casualties, calming market fears of escalation.Traders now shift focus to Fed Chair Powell’s upcoming congressional testimony, which may offer clues on rate policy amid persistent inflation concerns.✅Support and Resistance LevelsSupport level is now located at 3,295.00.Now, the resistance level is located at 3,400.00.