黃金現貨/美元
做空

moving along a descending trendline

339
GOLDEN INFORMATION:

Gold (XAU/USD) price plummets nearly 2.50% on Thursday as Oil prices rise amid uncertainty about a possible agreement between the US and Iran, adding upward pressure on inflation and pushing the Greenback higher. At the time of writing, XAU/USD trades at $4,394 after reaching a daily high of $4,544.

Bullion drops as rising energy prices and hawkish Fed repricing weigh on demand

Financial market sentiment remains dismal. US President Donald Trump warned Iran to get serious about agreeing to a deal. He said that Iranian negotiators are “very different” and “strange,” adding that, privately, they're begging for a deal, while publicly they say they’re looking at the proposal.

⭐️Personal comments NOVA:

Gold prices are still in a consolidation zone, moving downwards along the trendline, and selling pressure remains below 4535 on the H1 timeframe.

⭐️SET UP GOLD PRICE

🔥SELL GOLD zone: 4533 - 4535 SL 4540
TP1: $4500
TP2: $4472
TP3: $4435

🔥BUY GOLD zone: 4305- 4303 SL 4298
TP1: $4330
TP2: $4362
TP3: $4400

⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas .

⭐️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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