XAU continues to increase - break $2350

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) marginally increased during Thursday's Asian session, but didn't surpass the near two-week high reached previously. The strong global equity market is hindering the safe-haven metal during the US Independence Day holiday. Traders are awaiting Friday's US Nonfarm Payrolls (NFP) report before making further investment decisions.

⭐️Personal comments NOVA:
Gold price after breaking 2350 from the sideway zone 2310 - 2350, the Uptrend prevails, the Bulls prevail.

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2349 - $2347 SL $2342
TP1: $2355
TP2: $2368
TP3: $2380


🔥BUY GOLD zone: $2337 - $2335 SL $2330
TP1: $2345
TP2: $2352
TP3: $2360

⭐️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:

Decrease during Asian session

تعليق:

Bank holiday Asian session, Gold price does not move much

تعليق:

The market is slow - moving below the 2360 area