Ouro/Dólar Americano
Short

Gold continues to trade sideways - price consolidates.

403
GOLDEN INFORMATION:

Gold (XAU/USD) struggles to capitalize on its modest Asian session uptick on Wednesday and seems vulnerable near the $4,500 psychological mark as persistent geopolitical uncertainties continue to act as a tailwind for the US Dollar. Moreover, inflationary concerns have raised expectations for more hawkish central banks, including the US Federal Reserve (Fed), which turns out to be another factor undermining demand for the yellow metal.

⭐️Personal comments NOVA:

The market continues to trade sideways and consolidate, with the price fluctuating around 4500.

⭐️SET UP GOLD PRICE

🔥SELL GOLD zone: 4580 - 4582 SL 4590
TP1: $4560
TP2: $4533
TP3: $4500

🔥BUY GOLD zone: 4454- 4452 SL 4444
TP1: $4480
TP2: $4505
TP3: $4533

⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas .

⭐️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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