Technical analysis by Labaron about Symbol PAXG: Buy recommendation (6/4/2025)

📣 Gold Information Gold prices gave up some of Monday's gains on Tuesday, falling more than 0.80% as strong U.S. labor market data reinforced expectations of a strong economy and put pressure on the non-yielding metal. As of writing, XAU/USD was trading around $3,348, hitting an intraday high of $3,392. Investor sentiment picked up after the latest U.S. Job Openings and Labor Turnover Survey (JOLTS) showed a sharp increase in job openings in April, indicating a continued tight labor market. The optimistic data came this week, which will see a series of key employment reports released, including the ADP employment change data for May released on Wednesday and the much-anticipated non-farm payrolls data on Friday, both of which could affect expectations of Fed policy.📊Comment Analysis Gold prices maintain bullish momentum, tariff momentum coupled with current unfavorable economic data💰Strategy Package🔥Sell Gold Area: 3411-3413 SL 3418TP1: $3400TP2: $3390TP3: $3380🔥Buy Gold Area: $3332-$3330 SL $3325TP1: $3345TP2: $3358TP3: $3370⭐️ Note: Labaron hopes that traders can properly manage their funds- Choose a lot size that matches your funds- Profit is 4-7% of the capital account- Stop loss is 1-3% of the capital account