Technical analysis by Moon-ForexAcademy about Symbol PAXG: Buy recommendation (8/4/2025)

XAU / USD : trend forecast August 04, 2025 ⚠️Gold (XAU/USD) slipped to around $3,360 in early Asian trade Monday, snapping a modest two-day rally as the US Dollar found a bid. However, downside appears limited as soft US labor data and renewed tariff risks continue to cloud the macro outlook, tempering the Greenback's momentum. Friday’s NFP print came in well below expectations, with just 73K jobs added in July — far weaker than the 110K forecast and a sharp downward revision to June’s figure (from 147K to just 14K). The unemployment rate also edged higher to 4.2%, reinforcing the narrative that labor market slack is building. This weak jobs backdrop bolstered expectations for Fed rate cuts, but any bullish Gold momentum is currently being capped by short-term USD strength. With Fed policy uncertainty still in play and geopolitical risks simmering, traders may stay cautious — but the medium-term bias for Gold remains constructive if data continues to soften. ⚠️ Gold price continues to be positive at the beginning of the week, the price accumulation zone is below 3387. 🚨/// BUY XAU : zone 3313-3310 SL: 3305 TP: 50 - 100 - 300pips ( 3340 ) 🚨/// SELL XAU : zone 3386 - 3389 SL: 3394 TP: 50 - 100 - 300pips ( 3359 ) Safe and profitable tradingGold price continues to recover over 3370Exactly trend , miss entry SELL plan day ( 3386-3389) .