Ouro/Dólar Americano
Short

Gold sideways, selling pressure returns to 4000

442
⭐️GOLDEN INFORMATION:

Gold (XAU/USD) comes under renewed pressure in Friday’s Asian session, though it continues to trade within its weekly range amid mixed signals. Expectations for a December Fed rate cut have faded further after the delayed September NFP release, supporting the US Dollar’s climb to its strongest level since late May and weighing on the non-yielding metal.

⭐️Personal comments NOVA:

Downward trend, gold price continues to accumulate at the end of the week: 4000 - 4100

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 4144 - 4146 SL 4151
TP1: $4130
TP2: $4120
TP3: $4100

🔥BUY GOLD zone: 4006 - 4004 SL 3999
TP1: $4020
TP2: $4040
TP3: $4060

⭐️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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