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Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (6/23/2025)

https://sahmeto.com/message/3603397
Nova-Scalper
Nova-Scalper
Rank: 373
3.1
Buy،Technical،Nova-Scalper

⭐️GOLDEN INFORMATION:Gold prices (XAU/USD) edge higher toward $3,375 in early Asian trading on Monday, driven by heightened geopolitical tensions following US President Donald Trump’s decision to intervene militarily in the Israel-Iran conflict. The move significantly escalates the situation in the Middle East, fueling demand for safe-haven assets like gold.The US launched airstrikes on three Iranian nuclear facilities early Sunday, marking a direct entry into the conflict despite Trump’s prior pledges to avoid new overseas wars. The intensifying turmoil has sparked a wave of risk aversion, supporting bullion prices amid rising uncertainty. Meanwhile, investors will closely monitor the preliminary S&P Global US Purchasing Managers’ Index (PMI) for June, due later in the day, for further market direction.⭐️Personal comments NOVA:Gold prices continue to be supported around the 3340 mark, positive with today's US PMI news data⭐️SET UP GOLD PRICE:🔥SELL GOLD zone: 3380- 3382 SL 3387TP1: $3370TP2: $3360TP3: $3350🔥BUY GOLD zone: $3318-$3316 SL $3311TP1: $3326TP2: $3338TP3: $3349⭐️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+ 260 pips , plan day SELL 3380-3382

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$3,390.4
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