Prices continue to DECREASE during the week! XAU

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is moving within a limited range during the Asian session on Friday and continues to stay close to a low point reached earlier this week, around the psychological level of $2,000. The Middle East is experiencing heightened geopolitical tensions as Pakistan conducted retaliatory airstrikes inside Iran on Thursday. Additionally, clashes between the US and Houthi forces in the Red Sea, coupled with ongoing concerns about China's weak economy, provide support for the safe-haven status of gold.

⭐️Personal comments NOVA:
Following the DOWN trend of Gold, US economic data is also supporting that

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $1993 - $1995 SL $1985
TP1: $2002
TP2: $2010
TP3: $2020


🔥SELL GOLD zone: $2033 - $2035 SL $2040
TP1: $2027
TP2: $2020
TP3: $2010

⭐️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
- The winner is the one who sticks with the market the longest

تعليق:

Gold price is currently sideways around the 2020-2025 area, the buying force is quite positive

تعليق:

Gold price increased slightly in the Asian session, EUROPE is approaching the PLAN SELL day 2033-2035

تعليق:

+ 20 pips , signal SELL 2033-2035

تعليق:

More 30 pips, signal SELL 2033-2035

تعليق:

+ 120 pips, from entry SELL 2033-2035

تعليق:

Gold prices continue to sideways in a fairly large price range from 2000-2040. Continue to accumulate to have more sudden price ranges