Technical analysis by KevinNguyen-SimpleTrade about Symbol PAXG: Buy recommendation (2/7/2025)

🔥 GOLD & NONFARM – TONIGHT’S BIGGEST MARKET EVENT UNDER TRUMP’S PRESIDENCY! 🔥📊 The financial markets are on high alert!Tonight, traders worldwide are focusing on the first Nonfarm Payrolls (NFP) report under Trump’s leadership, an event that could trigger massive moves in USD, Gold, and the broader financial markets.Interestingly, several Asian countries are celebrating "The Golden Day" today, a tradition where buying gold is believed to attract wealth and prosperity. Historically, this often fuels strong buying pressure in gold during the Asian session.💥 Current Market Setup:Gold surged in the Asian session due to FOMO-driven buying, but we’re now seeing some consolidation as the market gears up for the next major move.This NFP is a game-changer, as the ADP report earlier this week suggested a much stronger-than-expected labor market, signaling a possible USD comeback amidst trade war concerns.If NFP beats expectations, USD could rally, putting pressure on gold. Conversely, if the data disappoints, we could see another gold breakout!📈 GOLD TRADING PLAN – POSITIONING AHEAD OF NFP!📌 Main Strategy: Look for BUY setups at key Continuation Pattern (CP) levels and Fibonacci retracement zones, capitalizing on rapid price reactions at lower timeframes.🔍 Key Support Levels for Buying Opportunities:✅ 2859 - 2850 - 2842 - 2835 - 2822🔍 Key Resistance Levels – Testing the Highs Before NFP:🚨 2882 (previous high retest potential) - 2892 - 2900📊 PRE-NFP TRADING PLAN – SCALPING & POSITIONING STRATEGY📌 Buy Scalp Setups for the Asian & European Session🎯 Buy Scalp Entry: 2842 - 2840❌ Stop Loss (SL): 2836🎯 Take Profit (TP): 2846 - 2850 - 2854 - 2860 - 2865 - 2870📊 Adjusted Trading Plan for the US Session (Anticipating Volatility)🎯 Buy Scalp Entry: 2836 - 2834❌ Stop Loss (SL): 2830🎯 Take Profit (TP): 2840 - 2844 - 2850 - 2854 - 2858 - 2865🎯 BUY ZONE (Ideal Long-Term Entry Area): 2816 - 2814❌ Stop Loss (SL): 2810🎯 Take Profit (TP): 2820 - 2826 - 2830 - 2835 - 2840 - 2845 - ???📊 HIGH-RISK SELL ZONE – TESTING RESISTANCE BEFORE NFP🎯 Sell Scalp Entry: 2880 - 2882❌ Stop Loss (SL): 2875🎯 Take Profit (TP): 2876 - 2872 - 2868 - 2864 - 2860 - ????🚨 Our SELL ZONE will be updated LIVE in our channel!👉 Since NFP is a high-impact event, our team will monitor the market closely and adjust the best SELL entry levels in real-time!📌 ⚠️ IMPORTANT: NFP is known for extreme market volatility – risk management is key!✅ Stick to your TP/SL strategy to protect your capital and maximize opportunities!📩 Follow KevinNguyen-SimpleTrade for instant updates, real-time analysis & expert trade setups! 🚀💬 What’s your NFP prediction? Will gold break out or crash tonight? Drop your thoughts in the comments! 🔥🔥 GOLD REACTS STRONGLY – 70 PIPS PROFIT BEFORE NONFARM! 🔥 📊 Precision Trading Pays Off! Gold has just retested the key trendline resistance & CP (Continuation Pattern) at 2859 and delivered a sharp 70 pips reaction! This level was already highlighted on our chart & shared with the community, and it played out perfectly! ✅ 💰 Profits locked in BEFORE the highly anticipated Nonfarm Payrolls (NFP) tonight! 🔗 Check the chart here: 🚀 What’s Next? The Big Move is Coming! For those who followed the plan, secure part of your profits now and get ready for the real action tonight! NFP is expected to bring major volatility & strong directional waves, setting the tone for the next market trend. ⚠️ Trade Smart, Stay Disciplined! 🔹 Stick to TP/SL – Protect your capital! 🔹 Prepare for high-impact moves – Don’t get caught off guard! 📩 Follow KevinNguyen-SimpleTrade for live updates & expert market strategies! 🚀 💬 What’s your prediction for NFP? Will gold break out or reverse? Drop your thoughts below! 🔥🔥 GOLD EXPLODES ON NONFARM – BIG WIN WITH ADMIN’S PLAN! 🔥 📊 Precision Trading at Its Best! Nonfarm Friday delivered exactly what we expected! Gold retested the previous high at 2881, then sharply dropped back to 286X, respecting the structured market flow. 💰 Admin’s analysis was on point with an 80% accuracy rate! Despite the expected volatility from the NFP release, which caused some wick hunting, SimpleTrade - Money Market Flow still provided a top-tier BIG WIN trade plan! 🚀 What’s Next? Get Ready for More Profitable Setups! This week, we not only nailed big trend moves but also executed multiple high-quality scalping trades, maximizing opportunities for the community! 🔗 Check the chart here: 📌 DON’T MISS OUT! 🔥 Join our trading community NOW to get early insights & weekly trading plans before the market moves! 🔥 Exclusive scalping strategies & precise entry zones shared daily! 📩 Follow KevinNguyen-SimpleTrade for real-time updates, expert analysis & top-tier trading strategies! 🚀 💬 Did you catch the big moves on NFP? Drop your thoughts in the comments! 🔥