Bullish zone - continue towards old ATH - scalping
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) surges again, nearing $2,920 on Thursday, as traders dismiss the impact of January's US inflation data. They also seem unfazed by reports of an upcoming meeting between US President Donald Trump and Russian President Vladimir Putin to discuss a potential peace deal. Despite these factors, gold continues its strong rally, highlighting traders' confidence in the safe-haven asset.
⭐️Personal comments NOVA:
Gold is currently accumulating in the European session at 2910-2920, waiting for the next uptrend. Waiting for BUY entry at 2908.
⭐️SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2908 - $2906 SL $2903
TP1: $2912
TP2: $2916
TP3: $2922
⭐️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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