Gold Spot / U.S. Dollar
Short
Updated

Bears dominate gold continues today

757
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:

Gold prices (XAU/USD) find support near the $2,880 level during Tuesday’s Asian session, drawing dip-buyers and partially recovering from the previous day’s drop to a one-week low.

Investor sentiment remains cautious amid uncertainty over US President Donald Trump’s trade policies and their potential impact on the global economy. The prevailing risk-off mood, compounded by geopolitical tensions, continues to fuel demand for the safe-haven metal

⭐️Personal comments NOVA:

US economy plummets, fears of recession due to rising trade tensions

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2915 - $2917 SL $2922
TP1: $2910
TP2: $2900
TP3: $2890

🔥BUY GOLD zone: $2860 - $2862 SL $2855
TP1: $2870
TP2: $2880
TP3: $2890

⭐️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
wait for sell price zone 2915-2917, follow plan day XAU
Trade closed: target reached
Sideway price range continues today 2894 - 2930

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