BREAK 2330, Gold price recovered and increased

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rises on Friday amid expectations of a potential Federal Reserve interest rate cut due to a weakening labor market and increasing geopolitical concerns. However, hawkish US Fed talks and a stronger US dollar could pressure gold prices. Traders await the US Michigan Consumer Sentiment Index for May and speeches from Fed's Bowman, Goolsbee, and Barr. The upcoming US CPI report will also garner attention.

⭐️Personal comments NOVA:
Gold price did not return to the $2300 area but rebounded, broke the BREAK, and recovered again. Prioritize the upcoming UP trend

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2330 - $2328 SL $2323
TP1: $2340
TP2: $2350
TP3: $2360


🔥SELL GOLD zone: $2364 - $2366 SL $2371
TP1: $2355
TP2: $2340
TP3: $2330

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

Comment:

+ 20 pips, signal PLAN DAY SELL 2366-2364

Comment:

Gold price increased close to the 2370 price range, positive for Gold

Comment:

With great buying pressure, Gold price continues to rise towards the $2382 resistance area

Comment:

Gold price increased sharply on Friday, opening a new recovery cycle for Gold. 2400 will come soon