⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) eases slightly after hitting its highest level since November 6 during early European trading on Tuesday but remains above $2,725, up over 0.50% for the day. The US Dollar (USD) recovers from Monday's two-week low, driven by expectations that US President Donald Trump's protectionist policies could fuel inflation and prompt the Federal Reserve (Fed) to maintain its hawkish stance. Additionally, the upbeat sentiment in equity markets weighs on demand for the safe-haven metal.
⭐️Personal comments NOVA:
Gold adjusted down in Asian and European sessions, however the main uptrend is still waiting for BUY entry.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2716 - $2714 SL $2711
TP1: $2720
TP2: $2725
TP3: $2730
⭐️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