Continued expectations for a new all-time high (ATH) for gold.

⭐️GOLDEN INFORMATION:

Gold Price (XAU/USD) jumps to near $4,600 during the early Asian session on Tuesday. The precious metal extends the rally after retreating from a fresh record high of $4,630 in the previous session amid uncertainty and geopolitical risks. The US Consumer Price Index (CPI) inflation data for December will take center stage later on Tuesday.

Federal Reserve (Fed) Chair Jerome Powell said on Sunday that he’s under criminal investigation, sparking an independence crisis and triggering a flight to safety across global markets. Powell stated that the US Department of Justice had issued subpoenas to the central bank and threatened a criminal indictment related to his testimony before the Senate Banking Committee in June 2025 concerning a $2.5 billion renovation of the Fed's Washington, D.C., headquarters. Powell called the threats a "pretext" aimed at putting pressure on the Fed to cut interest rates.

⭐️Personal comments NOVA:

Gold prices continue to fluctuate upwards, consolidating around 4600 and awaiting the formation of a new all-time high (ATH): a potential 4679.

⭐️SET UP GOLD PRICE:

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

🔥BUY GOLD zone: 4547 - 4545 SL 4540
TP1: $4560
TP2: $4575
TP3: $4595

⭐️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