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Bears return - pushing prices down at the end of the week

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⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:

Gold price (XAU/USD) hovers near its all-time high after hitting a new peak in early European trading on Thursday. The surge follows US President Donald Trump's comments suggesting a potential trade deal with China. At the same time, geopolitical tensions rise as Trump claims Ukraine initiated the war with Russia and hints at repayment for US financial aid.

Meanwhile, the Federal Reserve's January meeting minutes had little market impact, with only a few FOMC members favoring steady rates. Expectations for a possible rate cut in June remain intact.

⭐️Personal comments NOVA:

Gold price moves within the H1 trend line in the Asian session at the end of the week, selling pressure creates market liquidity, pay attention to important support zones: 2919, 2906


⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2919 - $2921 SL $2916 scalping
TP1: $2924
TP2: $2928
TP3: $2935

🔥BUY GOLD zone: $2905 - $2907 SL $2900
TP1: $2915
TP2: $2922
TP3: $2930

⭐️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
Giao dịch đang hoạt động
+ 40 pips , Plan day XAU : Buy 2921-2919 , great
Đóng lệnh: đạt mục tiêu
+ 160 pips, amazing signal BUY PLAN DAY : 2919-2921 , big profit

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