Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (9/3/2025)

Nova-Scalper

⭐️GOLDEN INFORMATION: Gold (XAU/USD) extends its two-week rally, surging to a fresh record high near $3,546 in Wednesday’s Asian session as expectations of a Fed rate cut and lingering trade tensions boost safe-haven demand. However, a stronger US Dollar, overbought technical conditions, and caution ahead of Friday’s US Nonfarm Payrolls (NFP) report limit further gains. ⭐️Personal comments NOVA: gold price fomo continues to look for new ATH in September. 3600 mark becomes gold's next target ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3596- 3598 SL 3603 TP1: $3585 TP2: $3568 TP3: $3552 🔥BUY GOLD zone: $3484-$3486 SL $3479 TP1: $3494 TP2: $3508 TP3: $3520 ⭐️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