⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
As a result, investors turned to bullion for safety, driving prices toward the $2,900 mark. Meanwhile, the US 10-year Treasury yield dropped two basis points to 4.176%, its lowest level since December 2024.
Commenting on the economy, St. Louis Fed President Alberto Musalem acknowledged steady economic growth but cautioned that recent data indicate potential downside risks.
⭐️Personal comments NOVA:
Continue in correction phase - gold price under selling pressure below 2900. Sideway and waiting for important news this week
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2851 - $2853 SL $2846
TP1: $2860
TP2: $2870
TP3: $2880
🔥SELL GOLD zone: $2898 - $2900 SL $2905
TP1: $2890
TP2: $2880
TP3: $2870
⭐️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