Gold prices have adjusted slightly around 4575.

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⭐️GOLDEN INFORMATION:

Gold (XAU/USD) loses ground after hitting a fresh record high of $4,643 in the previous session, trading around $4,600 per troy ounce on Thursday. The non-interest-bearing Gold lost ground as a stronger-than-expected United States (US) Producer Price Index (PPI) and Retail Sales, along with last week’s easing Unemployment Rate, reinforced the case for the US Federal Reserve (Fed) to keep interest rates on hold for the coming months.

Safe-haven Gold prices also weaken, partly reflecting easing geopolitical concerns. US President Donald Trump said reports indicated Iran’s crackdown-related killings were subsiding and that no large-scale executions were planned, though he did not rule out potential US military action, noting Washington would continue to monitor developments, according to Reuters.

⭐️Personal comments NOVA:

Gold prices are adjusting and consolidating around 4575, but still maintaining an upward trend.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 4678 - 4680 SL 4685
TP1: $4660
TP2: $4645
TP3: $4630

🔥BUY GOLD zone: 4575 - 4573 SL 4568
TP1: $4588
TP2: $4602
TP3: $4615

⭐️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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