Gold up - market up, continue SIDEWAY

٢ يناير

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its gains for a third straight session on Thursday, building on an impressive 27% surge in 2024, the strongest annual performance since 2010. This rally has been fueled by US monetary easing, ongoing geopolitical tensions, and unprecedented central bank gold purchases.

Gold, a non-yielding asset, could encounter headwinds as the 10-year US Treasury bond yield climbed to 4.58% on Tuesday.

Meanwhile, investors are closely watching signs of economic recovery in China, which may boost demand for Gold. President Xi Jinping, in his New Year’s address on Tuesday, emphasized a focus on growth, pledging more proactive measures to support economic expansion in 2025, according to Reuters.


⭐️Personal comments NOVA:
H1, H2 frames show good recovery, expected price range to reach 2653

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2653 - $2655 SL $2660
TP1: $2645
TP2: $2630
TP3: $2520


🔥BUY GOLD zone: $2609 - $2611 SL $2604
TP1: $2620
TP2: $2630
TP3: $2640

⭐️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

٢ يناير

تم فتح الصفقة

Gold price is still in an uptrend - surpassing the 2640 mark

٢ يناير

أغلقت الصفقة: تم الوصول للهدف

+ 50 pips , signal PLAN DAY SELL 2655-2657