Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (6/13/2025)

⭐️GOLDEN INFORMATION:Gold prices extended their rally for a second consecutive session on the back of weaker-than-expected inflation and labor market data in the United States (US), with XAU/USD climbing to $3,386—just below the key $3,400 threshold—amid mounting geopolitical tensions in the Middle East.The overall market sentiment remains buoyant, fueled by consecutive soft US inflation prints that have amplified pressure on the Federal Reserve (Fed) to begin easing monetary policy. Meanwhile, signs of fragility in the labor market persist, as jobless claims exceeded 240,000 for the second week in a row, underscoring concerns about the broader economic outlook and lending further support to the safe-haven appeal of gold.⭐️Personal comments NOVA:War, a factor that helps gold prices grow, towards 3480⭐️SET UP GOLD PRICE:🔥SELL GOLD zone: 3478- 3480 SL 3485TP1: $3462TP2: $3450TP3: $3435🔥BUY GOLD zone: $3375-$3377 SL $3370TP1: $3389TP2: $3400TP3: $3412⭐️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 accountAccumulated gold price before the US session: over 3420Dynamic gold price increases: reaching over 3440