Technical analysis by Moon-ForexAcademy about Symbol PAXG: Sell recommendation (8/29/2025)

XAU / USD : trend forecast August 29, 2025 ⚠️Gold price (XAU/USD) climbs to a five-week peak at $3,413, as investors look past robust US economic data that supports the Fed’s decision to keep rates steady. Still, heightened safe-haven demand amid concerns over the central bank’s independence continues to support the metal. The yellow metal advances more than 0.43%, aided by a softer US Dollar and declining Treasury yields. ⚠️Gold price continues to be positive when returning to 3423, facing certain selling pressure. Accumulating and adjusting around the price range of 3400. 🚨/// BUY XAU : zone 3353 - 3350 SL: 3345 TP: 50 - 100 - 300pips ( 3380 ) 🚨/// SELL XAU : zone 3428 - 3431 SL: 3436 TP: 50 - 100 - 300pips ( 3401 ) Safe and profitable tradingGold price is adjusting down around 3410 price range