Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (6/4/2025)

⭐️GOLDEN INFORMATION:Gold prices gave back part of Monday’s gains, slipping over 0.80% on Tuesday, as robust U.S. labor market data reinforced the case for a strong economy and pressured the non-yielding metal. At the time of writing, XAU/USD trades around $3,348, after reaching an intraday peak of $3,392.Investor sentiment brightened after the latest U.S. Job Openings and Labor Turnover Survey (JOLTS) revealed a sharp uptick in job vacancies for April, signaling continued tightness in the labor market. The upbeat data comes ahead of a pivotal week packed with employment reports, including Wednesday’s ADP Employment Change for May and Friday’s highly anticipated Nonfarm Payrolls, both of which could shape expectations for Federal Reserve policy.⭐️Personal comments NOVA:Gold prices maintain bullish momentum, tariff momentum coupled with current unfavorable economic data⭐️SET UP GOLD PRICE:🔥SELL GOLD zone : 3411- 3413 SL 3418TP1: $3400TP2: $3390TP3: $3380🔥BUY GOLD zone: $3332- $3330 SL $3325TP1: $3345TP2: $3358TP3: $3370⭐️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 accountGold price accumulated around 3350-3365