Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (6/5/2025)

⭐️GOLDEN INFORMATION:Gold prices surged more than 0.80% on Wednesday during the North American session, buoyed by disappointing U.S. economic data that signaled a slowdown in business activity and softer job growth. XAU/USD climbed to $3,382 after rebounding from a session low of $3,343.Heightened tensions between the U.S. and China also contributed to bullish momentum in bullion. With uncertainty looming over upcoming trade negotiations between Washington and Beijing, investors sought refuge in safe-haven assets like gold.Adding to market jitters, President Donald Trump signed an executive order doubling tariffs on steel and aluminum imports—from 25% to 50%—effective June 4. The move came just days ahead of a highly anticipated call between Trump and Chinese President Xi Jinping, further fueling concerns over escalating trade frictions.⭐️Personal comments NOVA:Buying power is continuing, will break out strongly in the US trading session⭐️SET UP GOLD PRICE:🔥SELL GOLD zone : 3435- 3437 SL 3442TP1: $3420TP2: $3410TP3: $3400🔥BUY GOLD zone: $3344- $3346 SL $3339TP1: $3355TP2: $3368TP3: $3382⭐️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+ 45 pips , BUY 3344-3346 plan day