Gold recovered slightly in the first session of the week

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) gains strength on Monday, supported by a weaker US Dollar and escalating geopolitical tensions in the Middle East. The long-term outlook remains positive due to increased demand from central banks. However, expectations of fewer rate cuts by the Federal Reserve and a hawkish stance from Fed officials may put some selling pressure on gold as higher interest rates make it less attractive as a store of value.

⭐️Personal comments NOVA:
Gold price recovered slightly in the first session of the week, still in a DOWN correction in the H1 and H4 frames

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2306 - $2304 SL $2298
TP1: $2315
TP2: $2322
TP3: $2330

🔥BUY GOLD zone: $2321 - $2319 SL $2316 scalping
TP1: $2326
TP2: $2332
TP3: $2340

🔥SELL GOLD zone: $2354 - $2356 SL $2361
TP1: $2348
TP2: $2340
TP3: $2330

⭐️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
- The winner is the one who sticks with the market the longest

Bình luận:

Gold price moves sideways around $2340

Bình luận:

Today on bank holiday, Gold price moves slowly and sideways around $2340

Bình luận:

Gold price recovered slightly to $2350, bank holiday USD had no change in price

Bình luận:

+ 20 pips, plan day SELL 2354-2356

Bình luận:

+ near 30 pips, plan day SELL 2354-2356

Bình luận:

+ 40 pips, signal PLAN DAY SELL 2354-2356