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

Gold, after rising around 3400, has been under strong downward pressure after US President Donald Trump and Chinese President Xi Jinping had a productive phone call. Today the market focuses on Nonfarm Payrolls- Technically.Gold has been under downward pressure from around 3400 and yesterday's decline was good, gold is currently trading below the 3400 zone. However, it has met support at the 3346 - 3340 zone.Before today's NFP news, you can trade according to the above support zone to buy up, and sell at the psychological resistance zone of 3400.Goldman Sachs Forecasts:May NFP: 125,000Unemployment Rate: 4.2%Wage Growth: 0.3% MoMThe firm also said federal layoffs could drag down the overall figure due to workforce reductionsTouch Support zone and Up. Greatttttttt !!!