⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) is entering a bullish consolidation phase after reaching a new all-time high around the $2,288-2,289 area during the Asian session on Wednesday. This is mainly due to persistent geopolitical risks from the Russia-Ukraine war and conflicts in the Middle East, which have dampened investor interest in riskier assets. As a result, there is a generally weaker tone in equity markets, making gold an attractive safe-haven investment.
⭐️Personal comments NOVA:
Gold price is about to reach $2,300, with no signs of stopping yet. Gold's strong growth is mainly due to FOMO from the market
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2266 - $2264 SL $2260
TP1: $2280
TP2: $2292
TP3: $2300
🔥SELL GOLD zone: $2298 - $2300 SL $2305
TP1: $2290
TP2: $2280
TP3: $2270
🔥SELL GOLD zone: $2312 - $2314 SL $2318
TP1: $2300
TP2: $2295
TP3: $2290
⭐️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
- The winner is the one who sticks with the market the longest