Ouro/Dólar Americano
Short

Gold prices begin to recover, big fluctuations

561
⭐️GOLDEN INFORMATION:

Gold (XAU/USD) drops below $4,100 in Wednesday’s Asian session, extending its sharpest selloff in over a decade as traders lock in profits after a nine-week record-breaking rally. Easing US-China trade tensions ahead of the November 1 tariff deadline further dampen safe-haven demand.

⭐️Personal comments NOVA:

Currently, the gold price fluctuates greatly and moves quickly. There are signs of recovery and retreat to the resistance zone around 4235.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 4235 - 4237 SL 4242
TP1: $4222
TP2: $4200
TP3: $4170

⭐️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

Aviso legal

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