Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (6/2/2025)

⭐️GOLDEN INFORMATION:Gold prices (XAU/USD) edged higher to around $3,310 during early Asian trading on Monday, buoyed by renewed demand for safe-haven assets amid lingering tariff uncertainty and heightened geopolitical risks.Investors remain cautious following fresh tensions between the United States and China, after President Donald Trump accused Beijing of breaching the terms of their trade agreement. This has rattled global markets and lent support to the precious metal. Market participants now turn their attention to the upcoming US ISM Manufacturing PMI report for May, scheduled for release later in the day, which could offer further direction for gold.⭐️Personal comments NOVA:US raises tariffs on EU steel, a reminder of quickly negotiated deals, gold prices positive above 3300⭐️SET UP GOLD PRICE:🔥SELL GOLD zone : 3335- 3337 SL 3342TP1: $3328TP2: $3315TP3: $3300🔥BUY GOLD zone: $3289- $3287 SL $3282TP1: $3297TP2: $3308TP3: $3318⭐️Technical analysis:Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.⭐️NOTE:Note: Nova wishes traders to manage their capital well- take the number of lots that match your capital- Takeprofit equal to 4-6% of capital account- Stoplose equal to 2-3% of capital account