Gold Spot / U.S. Dollar
Long
Aktualisiert

When will gold continue to rise? 4300?

843
⭐️GOLDEN INFORMATION:

Gold (XAU/USD) advances toward $4,210 during Thursday’s Asian session, hovering near a fresh record high as Fed rate-cut expectations and renewed trade tensions lift safe-haven demand. Traders now await comments from Fed officials, including Michael Barr, Stephen Miran, Christopher Waller, and Michelle Bowman, for policy cues. Earlier this week, Fed Chair Jerome Powell warned that slowing job growth poses a risk to the US economy, reinforcing prospects for two more rate cuts this year—supportive of the non-yielding yellow metal.

⭐️Personal comments NOVA:

The buying power shows no signs of stopping, breaking 4217 and continuing to increase in price. The whole market is very excited and focusing on investing in gold as the safest asset.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 4275 - 4277 SL 4282
TP1: $4265
TP2: $4250
TP3: $4240


🔥BUY GOLD zone: $4154-$4152 SL $4147
TP1: $4165
TP2: $4180
TP3: $4190

⭐️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
Trade ist aktiv
XAU touch ATH 4251 and decrease

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