Gold price recovers, BULL and PPI news

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:

Gold price (XAU/USD) edges higher during the Asian session on Thursday, extending its rebound from the $2,864 level seen after strong US inflation data. Concerns over a potential global trade war, fueled by President Trump's new tariffs on commodity imports, support demand for the safe-haven metal. Additionally, a slight dip in the US Dollar (USD) further boosts gold's appeal.

⭐️Personal comments NOVA:

In the uptrend, gold price has recovered to the price zone of 2920, accumulating to find the old ATH of 2944.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2927 - $2929 SL $2932 scalping
TP1: $2923
TP2: $2918
TP3: $2910

🔥SELL GOLD zone: $2941 - $2943 SL $2948
TP1: $2935
TP2: $2928
TP3: $2920

🔥BUY GOLD zone: $2877 - $2879 SL $2872
TP1: $2885
TP2: $2892
TP3: $2900


⭐️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