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Strong uptrend, above ATH 3700 next week

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✍️ NOVA hello everyone, Let's comment on gold price next week from 09/22/2025 - 09/26/2025

⭐️GOLDEN INFORMATION:

Gold (XAU/USD) rebounds on Friday, snapping a two-day losing streak and climbing 0.69% to $3,670 during the North American session, despite broad USD strength. Buyers stepped in near weekly lows at $3,630, lifting the metal higher. The move follows the Fed’s 25 bps cut and signals of two more reductions this year, though Powell’s “risk-management cut” remarks were viewed as hawkish. Still, bullion’s outlook remains constructive, supported by a low-rate environment and resilient Asian demand.

⭐️Personal comments NOVA:

Gold prices recovered and continued to maintain a strong upward trend, thanks to optimism about interest rate cuts this year.

🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:

Resistance: $3702, $3719, $3745
Support: $3646, $3593


🔥 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
- The winner is the one who sticks with the market the longest

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