⭐️GOLDEN INFORMATION: Gold price (XAU/USD) fails to capitalize on its Asian session gains, trading with modest intraday gains. A slight uptick in the US Dollar prompts profit-taking due to an overbought RSI on the daily chart. The pullback is also influenced by the overall risk-on sentiment in global equity markets.
⭐️Personal comments NOVA: Gold price continues to reach ATH in Tuesday's Asian session, new peak at 2484. Bulls dominate - rising momentum shows no signs of stopping
⭐️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
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Gold price adjusted back down to the 2460 area after a crazy increase
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Gold price returned to 2480 in today's European session
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Gold price sideways around 2460-2470 during the European session
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Gold price continues its strong upward trend back to the 2480 area
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Gold price reached ATH 2484 then dropped sharply back to 2460 to fill liquidity
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