⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold’s three-day rally came to a pause as investors locked in profits ahead of the highly anticipated US Nonfarm Payrolls report. A rise in US Treasury yields further dampened the appeal of the non-yielding metal. At the time of writing, XAU/USD remains steady at $2,918.
Despite consolidating above the $2,900 mark, gold faced resistance following an earlier surge in the US 10-year Treasury yield to a one-week high before retreating to 4.286%..
⭐️Personal comments NOVA:
Tariff Situation Remains Long Term Driver for Gold Growth, NF News Key Data to Determine Today's Trend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2954 - $2956 SL $2961
TP1: $2945
TP2: $2930
TP3: $2920
🔥BUY GOLD zone: $2832 - $2834 SL $2827
TP1: $2840
TP2: $2850
TP3: $2860
⭐️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