黄金现货/美元
做空

Gold price continues to decrease, 4000

395
⭐️GOLDEN INFORMATION:

Gold (XAU/USD) edges up toward $4,110 in early Asian trading on Thursday, supported by a cautious market mood and lingering uncertainty around the US economy. Traders now await the US September NFP report later in the day.
Heightened uncertainty—exacerbated by delayed labor data following the recent government shutdown—has complicated the Fed’s assessment of the job market, boosting demand for safe-haven assets like gold. The long-awaited September jobs report will be closely watched for signals on labor conditions and future US rate policy

⭐️Personal comments NOVA:

Price continues to move sideways and accumulate around 4000 - 4100. H1 forms a short-term downtrend line.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 4148 - 4150 SL 4155
TP1: $4140
TP2: $4120
TP3: $4100

🔥BUY GOLD zone: 4024 - 4022 SL 4017
TP1: $4035
TP2: $4050
TP3: $4070

⭐️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

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