Technical analysis by Nova-Scalper about Symbol PAXG: Buy recommendation (1/6/2026)

⭐️GOLDEN INFORMATION: Dovish Federal Reserve expectations continue to underpin Gold, as the latest FOMC Minutes signaled that most policymakers favor further rate cuts if inflation keeps easing, lowering the opportunity cost of holding the non-yielding metal. Markets now focus on Friday’s US December jobs report, with payrolls seen rising by 55,000 and the jobless rate edging down to 4.5%; any upside surprise could lift the USD and cap near-term gains in Gold. ⭐️Personal comments NOVA: Gold prices continue their upward trend - forming a bullish Dow pattern on the H1 chart, heading above 4500. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4545 - 4547 SL 4552 TP1: $4530 TP2: $4515 TP3: $4500 🔥BUY GOLD zone: 4400 - 4398 SL 4393 TP1: $4415 TP2: $4430 TP3: $4445 ⭐️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