Technical analysis by Nova-Scalper about Symbol PAXG: Sell recommendation (11/5/2025)

⭐️GOLDEN INFORMATION: Gold (XAU/USD) rises above $3,950 during Wednesday’s Asian session as persistent US government shutdown concerns and geopolitical tensions fuel safe-haven demand. The stalemate between Democrats and Republicans has stretched into a new month, putting the US on track for its longest-ever shutdown. However, gains may be capped as traders take profits amid a stronger US Dollar (USD) and waning expectations for additional Federal Reserve (Fed) rate cuts this year. A firmer dollar typically makes gold costlier for overseas buyers, limiting its appeal. ⭐️Personal comments NOVA: Gold price under selling pressure below 4000, downtrend after breaking trendline ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4040 - 4042 SL 4047 TP1: $4030 TP2: $4015 TP3: $4000 🔥BUY GOLD zone: 3888 - 3886 SL 3881 TP1: $3900 TP2: $3915 TP3: $3930 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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