Gold price adjusted - slightly decreased

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) loses recovery momentum due to lack of fresh catalysts in a quiet session. However, renewed demand is supported by bets on interest rate cuts from the US Federal Reserve, geopolitical tensions, and strong demand from central banks and Asian buyers. Traders will focus on Fedspeak and the upcoming FOMC Minutes. Hawkish stance from Fed officials may lift the Greenback and lower USD-denominated Gold.

⭐️Personal comments NOVA:
Gold price in the short-term adjustment price line - creating liquidity for the market. Pay attention to the short support zones $2400, $2390

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2392 - $2390 SL $2385
TP1: $2400
TP2: $2410
TP3: $2420


🔥SELL GOLD zone: $2454 - $2456 SL $2461
TP1: $2448
TP2: $2440
TP3: $2430

⭐️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

评论:

Gold price adjusted in the Asian morning session on Tuesday, currently trading around 2410-2420

评论:

Sideway accumulates for the next price increase cycle

评论:

In the context of world military tensions remaining very high, Gold prices still have many driving forces to increase

评论:

Gold prices are about to enter the US session - price fluctuations are getting stronger. Fluctuating around $2430

评论:

Although there is no important economic data today, Gold prices still fluctuate widely

评论:

Gold price decreased in Asian session on Wednesday morning, sideways correction