Gold Spot / U.S. Dollar
Short
Updated

NF - Will gold prices continue to fall?

1 057
⭐️GOLDEN INFORMATION:

Gold price (XAU/USD) finds it difficult to build on Thursday’s late recovery from the $3,054 region—its lowest level in a week—and comes under renewed selling pressure during Friday’s Asian session. The metal has dipped back below the $3,100 threshold in recent trading; however, the broader market backdrop still suggests caution is warranted before anticipating any significant correction from the record high reached just a day earlier.

⭐️Personal comments NOVA:

Waiting for gold price to react to decrease at trendline H1, still a downward trend, fear of trade crisis, world economy

⭐️SET UP GOLD PRICE:

🔥 SELL 3134 - 3136 SL 3141
TP1: $3125
TP2: $3110
TP3: $3090

🔥BUY GOLD zone: $3033 - $3035 SL $3028
TP1: $3045
TP2: $3060
TP3: $3075


⭐️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
Trade active
+ 400 pips, crazy PLAN DAY NOVA

SELL 3134-3136

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