Gold is stuck in 2 trend lines ! Uptrend

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The price of gold skyrockets to approximately $2,410 per troy ounce during the Asian session on Friday. The precious yellow metal, considered a safe-haven asset, gains traction as market participants grow increasingly risk-averse due to the news from ABC News confirming that Israeli missiles have struck a location in Iran. This development further escalates tensions in the Middle East.

As per Reuters, who cites Iran's Fars News Agency, local residents have reported hearing explosions at Isfahan airport, located in the central region. However, the cause of these explosions remains undisclosed. Investigations are currently underway to ascertain the specific details surrounding the incident.

⭐️Personal comments NOVA:
Gold's 2 Uptrend lines continue, Gold price remains stable. In the context of a very close war, GOLD PRICES have more motivation to increase in price

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2362 - $2360 SL $2355
TP1: $2380
TP2: $2400
TP3: $2430

🔥SELL GOLD zone: $2429 - $2431 SL $2436
TP1: $2420
TP2: $2412
TP3: $2400

⭐️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

تعليق:

Gold prices showed large price fluctuations in April