Золото / Доллар США
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Prices continue to rise - significant growth

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⭐️GOLDEN INFORMATION:

Gold price (XAU/USD) rises to a fresh record high near $5,090 during the early Asian session on Monday. The precious metal extends its upside amid geopolitical risks and concerns over the US Federal Reserve (Fed).

The first three-way peace talks between Russia, Ukraine, and the US have concluded in Abu Dhabi with no apparent breakthrough, as fighting continues, according to the BBC. Ukrainian President Volodymyr Zelensky proposed a second meeting as early as next week, while a US official said that a fresh round will begin on February 1.

⭐️Personal comments NOVA:

The buying pressure in the gold market is too strong - investors are focusing on safe-haven assets, causing gold prices to rise almost continuously.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 5135 - 5137 SL 5142
TP1: $5120
TP2: $5100
TP3: $5085

🔥BUY GOLD zone: 4990 - 4988 SL 4983
TP1: $5008
TP2: $5025
TP3: $5040

⭐️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

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