Gold Spot / U.S. Dollar
Long
Updated

2941 ! Expected price range today ! XAU

742
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:

Gold prices (XAU/USD) trade with an upward bias during Thursday’s Asian session, holding near the one-week high reached the previous day, though follow-through buying remains limited.

Market concerns over US President Donald Trump’s tariff policies continue to bolster demand for the safe-haven metal. Additionally, growing expectations of an earlier-than-anticipated Federal Reserve rate cut, coupled with bearish sentiment surrounding the US Dollar, further support gold’s appeal.

⭐️Personal comments NOVA:

Gold price has strong growth momentum, after clearing liquidity, there will be great momentum in the near future.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2953 - $2955 SL $2960
TP1: $2945
TP2: $2930
TP3: $2920

🔥SELL GOLD zone: $2941 - $2943 SL $2948
TP1: $2935
TP2: $2927
TP3: $2920

⭐️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
Trade active
Gold continues Sideway around 2900

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