Short recovery for Gold !! zone $2350

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rises during Asian session, reaching over one-week high around $2,338. US macro data suggests easing inflation and a slowing economy, leading to speculation of two interest rate cuts by the Federal Reserve (Fed) this year. Expectations keep the US Dollar (USD) near weekly low, supporting gold as a commodity.

⭐️Personal comments NOVA:
Gold price sideways, moving within the 2300 - 2350 range, expecting a recovery close to the $2350 price range and then adjusting again without too much important economic data.

⭐️SET UP GOLD PRICE:

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


🔥SELL GOLD zone: $2353 - $2355 SL $2360
TP1: $2345
TP2: $2338
TP3: $2330

⭐️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

Commentaire:

Gold price increased to 2340 area

Commentaire:

Gold price breaks through the 2340 zone, the opportunity to reach the 2350 zone is great

Commentaire:

Gold price decreased during the European session - in the 2330 -2340 range

Commentaire:

Gold price increased again to 2340 before today's unemployment news

Commentaire:

+ 30 pips , signal PLAN DAY SELL 2353-2355

Commentaire:

Gold price increased strongly, breaking 2350, the uptrend is dominant

Commentaire:

Gold price sideways above 2350 and waiting for the last trading session of the week tomorrow