Near Christmas, Gold prices maintain a stable Uptrend

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is struggling to take advantage of its temporary increase to a level close to the highest point in three weeks. Currently, it is trading just below $2,050 as we enter the European session on Friday. The US Dollar (USD) has gained some positive momentum, recovering from a decline that brought it to a five-month low. This recovery is seen as a significant factor supporting the gold market. The upward movement of the USD can be attributed to traders adjusting their positions ahead of the release of important US inflation data. However, this uptick in the USD is expected to be limited due to the anticipation that the Federal Reserve (Fed) will shift away from its previously hawkish stance.

⭐️Personal comments NOVA:
Gold price has broken through the 2050 zone and is currently testing around this zone to continue to create momentum and liquidity. Let's wait for the new price increase zone

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2038 - $2040 SL $2030
TP1: $2046
TP2: $2054
TP3: $2065

🔥SELL GOLD zone: $2064 -$2066 SL $2072
TP1: $2058
TP2: $2050
TP3: $2040


⭐️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:

Price is tending to move up towards the SELL 2064-2066 entry area. Let's wait for PCE news today

Comment:

+ 25 pips , for signal SELL from entry 2066

Comment:

+ 40 pips , before PCE news

Comment:

+ 80 pips , from entry SELL 2066

Comment:

+ 130 pips , congratulation all