Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (6/3/2025)

⭐️GOLDEN INFORMATION:Gold prices rallied sharply on Monday, reaching their highest level in over four weeks, as geopolitical risks escalated over the Russia-Ukraine conflict. Renewed tensions on trade between the United States (US) and China prompted investors to buy the yellow metal throughout the day. At the time of writing, XAU/USD trades at $3,377, up by 2.70%.Market sentiment shifted sour as news broke that Ukraine staged an aerial attack on Russia, which destroyed long-range bombers and other aircraft. Meanwhile, US President Donald Trump doubled down on tariffs over steel and aluminum imports to 50%, effective June 4, and rhetoric against China sent US global equities lower.CNBC reported that Trump and China’s President Xi Jinping could speak this week, but not on Monday.⭐️Personal comments NOVA:Gold prices maintained their upward momentum at the beginning of the week, tariff tensions and the war with Russia remain unpredictable. Gold prices supported to return to the 3400 zone.⭐️SET UP GOLD PRICE:🔥SELL GOLD zone : 3409- 3411 SL 3416TP1: $3400TP2: $3388TP3: $3372🔥BUY GOLD zone: $3313- $3315 SL $3308TP1: $3327TP2: $3340TP3: $3355⭐️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