Technical analysis by Nova-Scalper about Symbol PAXG: Sell recommendation (7/10/2025)

⭐️GOLDEN INFORMATION:Gold prices posted modest gains on Wednesday, supported by a pullback in US Treasury yields, even as the US Dollar remained firm against major currencies. Market sentiment continued to be driven by trade developments, while the Federal Reserve’s latest meeting minutes revealed that policymakers are still leaning toward a rate cut in 2025. At the time of writing, XAU/USD is trading at $3,312, up 0.31%.The FOMC minutes indicated that the majority of Fed officials believe a rate cut this year would be appropriate, with a few members open to the possibility of initiating a reduction as early as July—provided the economic data continues to align with expectations.⭐️Personal comments NOVA:Gold price recovered to 3320, mainly still accumulating, waiting psychology on current tariff situation of countries⭐️SET UP GOLD PRICE:🔥SELL GOLD zone: 3358- 3360 SL 3365TP1: $3345TP2: $3332TP3: $3320🔥BUY GOLD zone: $3245-$3247 SL $3240TP1: $3256TP2: $3269TP3: $3280⭐️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