Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (9/1/2025)

Nova-Scalper

⭐️GOLDEN INFORMATION: Gold (XAU/USD) regained momentum in Asian trading Monday, climbing to a fresh five-month high near $3,470 as dovish Fed expectations overshadow profit-taking. Recent U.S. inflation data strengthened bets on a September rate cut, while last week’s upbeat GDP and jobless claims reports briefly supported the Dollar, capping bullion’s gains. ⭐️Personal comments NOVA: Bulls dominate, strong bullish momentum. Gold price waiting to return to ATH 3500 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3498- 3501 SL 3505 TP1: $3490 TP2: $3480 TP3: $3470 🔥BUY GOLD zone: $3446-$3444 SL $3439 TP1: $3458 TP2: $3470 TP3: $3480 ⭐️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