Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (11 hour ago)

Nova-Scalper

⭐️GOLDEN INFORMATION: Gold (XAU/USD) eased slightly on Tuesday after hitting a new record high near $3,690, as traders adjusted positions ahead of key central bank events. The Fed is widely expected to cut rates by 25 bps on Wednesday amid signs of labor market weakness, though attention will center on updated projections and Chair Powell’s remarks for clues on the policy outlook. These signals are likely to shape USD moves and set the next direction for bullion. ⭐️Personal comments NOVA: Gold price continues to increase, market continues to fomo. Big buying force waiting for interest rate results to pump strongly ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3713- 3715 SL 3720 TP1: $3703 TP2: $3692 TP3: $3680 🔥BUY GOLD zone: $3656-$3654 SL $3649 TP1: $3666 TP2: $3678 TP3: $3690 ⭐️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