Last Non - Farm of the year! Gold increases or decreases ?

Updated
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold reached record highs this week, reaching $2,144.48 in an aggressive rally on Monday. However, the XAU/USD has been trading thinly for the rest of the week, erasing the gains made on Monday.

Spot Gold has slightly decreased throughout the week, down just over 2% from Monday's opening prices as we approach Friday's trading session. Traders are eagerly awaiting the upcoming US Nonfarm Payrolls (NFP) report, which will mark the end of the trading week.

⭐️Personal comments NOVA:
Stability and balance between buyers and sellers is taking place. Sideway after the Monday surge. Today will witness 3 important news for the US economy, especially NF. The final trend will likely be decided by the end of 2023

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $1990 - $1992 SL $1982
TP1: $2000
TP2: $2010
TP3: $2020

🔥SELL GOLD zone: $2068 - $2070 SL $2078
TP1: $2060
TP2: $2050
TP3: $2040


Pay attention to the resistance zone 2048-2050

⭐️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
Note
The Asian session does not have much trading volume yet, waiting for fluctuations from the European and American sessions today
Note
The European session also sideways with a narrow price range. Let's wait for the exciting American session
Note
The price dropped sharply after the news, adjusting the Gold price at the end of the year
Beyond Technical AnalysisbuygoldbuytradebuyzoneTechnical IndicatorslonggoldlongsetuplongtradeTrend Analysisxauusdbuyxauusdlongxauusdsignal

Dear My Friends,

NOVA returns and updates new information

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✅ Trading Idea / Setup / Technical.

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