Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (7/8/2025)

⭐️GOLDEN INFORMATION:Gold prices (XAU/USD) trade in the red near $3,330 during Tuesday’s Asian session, weighed down by a stronger US Dollar (USD). The precious metal loses ground amid easing trade tensions, following US President Donald Trump’s announcement of a tariff deadline extension and his openness to further negotiations.Market anxiety subsided after Trump signaled flexibility around the August 1 tariff deadline, describing it as “not 100% firm” and suggesting room for continued adjustments. This renewed optimism over trade policy has strengthened the Greenback, thereby pressuring USD-denominated assets like Gold, which becomes more expensive for holders of other currencies.⭐️Personal comments NOVA:Gold price accumulates waiting for news of new tariff information, breaking H1 trend. Good buying power⭐️SET UP GOLD PRICE:🔥SELL GOLD zone: 3364- 3366 SL 3371TP1: $3350TP2: $3340TP3: $3330🔥BUY GOLD zone: $3300-$3298 SL $3293TP1: $3310TP2: $3325TP3: $3340⭐️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