Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (6/12/2025)

Nova-Scalper

⭐️GOLDEN INFORMATION:Gold prices advanced by approximately 0.97% on Wednesday, buoyed by signs of easing inflation in the United States (US), which reinforced expectations that the Federal Reserve (Fed) could resume rate cuts as early as September. At the time of writing, XAU/USD is trading around $3,363.The May Consumer Price Index (CPI) report shows a slowdown in price pressures compared to April, prompting a surge in demand for the yellow metal. In response, gold briefly rallied to an intraday high near $3,360 before paring back some of those gains, as investors recalibrated their outlook on the Fed’s policy path.⭐️Personal comments NOVA:Middle East concerns, along with information about influential high tariffs on countries without trade agreements. Gold prices have recovered, but there is no long-term stability.⭐️SET UP GOLD PRICE:🔥SELL GOLD zone: 3428- 3430 SL 3435TP1: $3410TP2: $3395TP3: $3382🔥BUY GOLD zone: $3345-$3343 SL $3338TP1: $3355TP2: $3367TP3: $3380⭐️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+ 240 pips, signal BUY 3343-3345 , great+ 450 pips, amazing Buy 3343-3345