Technical analysis by MaxOnMarkets about Symbol PAXG on 6/26/2025

👀 Possible scenario:Gold (XAU) rose 0.35% on June 25 as a weaker U.S. dollar and falling Treasury yields boosted demand. Investor sentiment shifted amid concerns over economic softness and potential Fed rate cuts. Safe-haven interest also remained strong due to fragile Middle East ceasefire talks and upcoming U.S.-Iran negotiations. Fed Chair Powell struck a cautious tone on easing, citing inflation risks from tariffs. On June 26, investors are closely watching key macroeconomic data set for release at 12:30 p.m. UTC, including GDP growth and jobless claims. The results could shape monetary policy expectations and impact gold’s direction.✅Support and Resistance LevelsSupport level is now located at 3,295.00.Now, the resistance level is located at 3,400.00.