Ouro/Dólar Americano
Long

Continuing to trade sideways - gold is consolidating.

476
GOLDEN INFORMATION:

Gold (XAU/USD) struggles to capitalize on its modest gains registered over the past two days and oscillates in a narrow trading band below the $5,200 mark, during the Asian session on Friday. Geopolitical risks remain in play amid a huge American naval and air power buildup in the Middle East. Moreover, US President Donald Trump laid out the case for a possible attack on Iran in his State of the Union speech and said on Tuesday that he would not allow the world's biggest sponsor of terrorism to have a nuclear weapon. This, along with persistent trade-related uncertainties, acts as a tailwind for the precious metal.

⭐️Personal comments NOVA:

Gold prices are moving within a consolidation range of 5100 - 5200, with little momentum to change the trend.

⭐️SET UP GOLD PRICE

🔥SELL GOLD zone: 5250 - 5252 SL 5257
TP1: $5230
TP2: $5210
TP3: $5190

🔥BUY GOLD zone: 5095- 5093 SL 5088
TP1: $5110
TP2: $5130
TP3: $5150

⭐️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

Aviso legal

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