Technical analysis by MR_gold2 about Symbol PAXG on 6/3/2025

MR_gold2

⸻ First: Technical Analysis 1. The general direction: • Gold moves inside an ascending channel (shown in blue). 57.7, close to the purchasing saturation area, but it has not yet exceeded it (possibly correction). Fourth (it may extend to the level of 3,290 or a little less). • If this scenario is correct, the fifth wave may return the price to the 3,450-3,500 areas later. Relatively.2. The markets for the upcoming US NFP employment data, which may move the market strongly. While today the US President will sign Trump to increase the customs fees for metals • Any new statements from the American federal. Timely from June 3 to June 6. ⸻🔔 Conclusion and recommendation • The price is now in a critical area: • If supported 3,291 support, a new rise may begin. • Breaking this support may return the price to 3,250, then 3,200.📌 The opportunity to purchase speculators from 3,290 by stopping a loser below 3,270 and the first goal of 3,350 and then 3,400📌 a sales opportunity if broken 3,290 with a strong candle with 3,250 - 3,200