Last Non - Farm of the year! Gold increases or decreases ?

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold reached record highs this week, reaching $2,144.48 in an aggressive rally on Monday. However, the XAU/USD has been trading thinly for the rest of the week, erasing the gains made on Monday.

Spot Gold has slightly decreased throughout the week, down just over 2% from Monday's opening prices as we approach Friday's trading session. Traders are eagerly awaiting the upcoming US Nonfarm Payrolls (NFP) report, which will mark the end of the trading week.

⭐️Personal comments NOVA:
Stability and balance between buyers and sellers is taking place. Sideway after the Monday surge. Today will witness 3 important news for the US economy, especially NF. The final trend will likely be decided by the end of 2023

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $1990 - $1992 SL $1982
TP1: $2000
TP2: $2010
TP3: $2020

🔥SELL GOLD zone: $2068 - $2070 SL $2078
TP1: $2060
TP2: $2050
TP3: $2040

Pay attention to the resistance zone 2048-2050

⭐️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

评论:

The Asian session does not have much trading volume yet, waiting for fluctuations from the European and American sessions today

评论:

The European session also sideways with a narrow price range. Let's wait for the exciting American session

评论:

The price dropped sharply after the news, adjusting the Gold price at the end of the year