Technical analysis by Nova-Scalper about Symbol PAXG: Sell recommendation (11/7/2025)

⭐️GOLDEN INFORMATION: Gold (XAU/USD) gains fresh buying interest near the $4,000 psychological level during Friday’s Asian session, rebounding from Thursday’s late pullback. Renewed concerns over the prolonged US government shutdown and uncertainty surrounding President Donald Trump’s tariff policies weigh on risk sentiment, fueling safe-haven demand for gold. Additionally, a private-sector survey on Thursday revealed job losses in October, reinforcing expectations of further Federal Reserve (Fed) rate cuts and lending support to the non-yielding metal. However, mild US Dollar (USD) buying could cap gains. Overall, the broader fundamentals continue to favor bullish momentum in XAU/USD. ⭐️Personal comments NOVA: Accumulation and sideways is the main trend of gold at the moment, continuing to trade below 4000 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4028 - 4030 SL 4035 TP1: $4012 TP2: $4000 TP3: $3985 🔥BUY GOLD zone: 3949 - 3947 SL 3942 TP1: $3960 TP2: $3970 TP3: $3990 ⭐️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