Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (12/18/2025)

⭐️GOLDEN INFORMATION: Gold (XAU/USD) trades slightly lower during the Asian session on Thursday, slipping back below the $4,350 handle after recently hitting seven-week highs. The pullback appears driven by profit-taking activity alongside a short-term rebound in the US Dollar (USD). That said, downside risks for the yellow metal look contained, as recent US labor-market data has reinforced expectations for additional rate cuts by the Federal Reserve, keeping broader USD dynamics biased to the downside. A lower interest-rate environment continues to compress the opportunity cost of holding non-yielding assets, providing a supportive backdrop for gold prices. On the geopolitical front, tensions have intensified after Venezuela reportedly deployed naval forces to escort oil shipments amid threats of a US blockade. Such developments could reignite safe-haven demand, potentially lending renewed support to gold in the near term. ⭐️Personal comments NOVA: Gold prices are consolidating around 4300, with a predominantly upward trend. Maintaining above 4300 will allow for further accumulation for the upcoming uptrend. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4390 - 4392 SL 4397 TP1: $4375 TP2: $4360 TP3: $4345 🔥BUY GOLD zone: 4298 - 4296 SL 4291 TP1: $4310 TP2: $4325 TP3: $4340 ⭐️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