Technical analysis by Nova-Scalper about Symbol PAXG: Sell recommendation (9/4/2025)

⭐️GOLDEN INFORMATION: Gold (XAU/USD) extends its pullback from record highs near $3,579, easing lower in Thursday’s Asian session as calmer bond markets and stable equities trigger profit-taking amid overbought conditions. A firmer US Dollar adds pressure, though cooling labor market data and expectations of Fed rate cuts later this month help limit losses. Traders now await Friday’s Nonfarm Payrolls report for further direction. ⭐️Personal comments NOVA: Gold price is accumulating around 3529, there are signs of downward adjustment to gain liquidity, be careful of larger declines ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3600- 3598 SL 3605 TP1: $3585 TP2: $3568 TP3: $3552 🔥BUY GOLD zone: $3476-$3474 SL $3469 TP1: $3485 TP2: $3500 TP3: $3510 ⭐️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