Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (7/13/2025)

✍️ NOVA hello everyone, Let's comment on gold price next week from 07/14/2025 - 07/18/2025 ⭐️GOLDEN INFORMATION: Gold prices surged nearly 1% on Friday as market sentiment soured in response to US President Donald Trump’s controversial trade policies targeting Canada, while hinting at broader tariffs on other nations and copper. At the time of writing, XAU/USD is trading at $3,354, rebounding from intraday lows of $3,322. On Thursday, Trump announced a 35% tariff on Canadian imports, though goods complying with the 2020 USMCA trade agreement remain exempt. He also signaled intentions to expand tariffs across most trading partners, proposing blanket rates ranging from 15% to 20%. With a light US economic calendar, attention turned to Fed commentary. Chicago Fed President Austan Goolsbee pushed back on calls for rate cuts aimed at reducing government borrowing costs, stressing the central bank’s focus remains firmly on employment and price stability. ⭐️Personal comments NOVA: growth according to the trend, maintaining the accumulation price zone above 3300 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $3392, $3447 Support: $3330, $3308, $3246 🔥 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 - The winner is the one who sticks with the market the longest