Technical analysis by Moon-ForexAcademy about Symbol PAXG: Buy recommendation (8/28/2025)

XAU / USD : trend forecast August 28, 2025 ⚠️Gold prices held firm on Wednesday, despite the US Dollar regaining ground after its earlier slide sparked by concerns over the Federal Reserve’s independence. Still, bearish pressure lingers as the White House maintains its stance. XAU/USD is trading near $3,397, posting a modest gain of 0.12%. On the US data front, the calendar remains light, with attention turning to comments from New York Fed President John Williams. He noted that while interest rates could come down in the future, any decision will depend on incoming economic data. Speaking to CNBC, Williams stressed that “every meeting is live” in his view, pointing out that risks to both employment and inflation are now more balanced. He added that the Fed will closely monitor data before taking further action. ⚠️Gold price continues to rise towards 3409. Will face selling pressure when GDP news is released but will soon grow back in the main trend 🚨/// BUY XAU : zone 3354 - 3351 SL: 3346 TP: 50 - 100 - 300pips ( 3381 ) 🚨/// SELL XAU : zone 3407 - 3410 SL: 3415 TP: 50 - 100 - 300pips ( 3380 ) Safe and profitable trading+ 40 pips , plan day sell 3407-3410 , great