The bulls have a major advantage

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold: The next milestone to watch out for is the 2023 high, reaching approximately $2070.
The price of gold continued to rise towards the end of last week, ultimately closing above the important threshold of $2000 per troy ounce. However, this increase in value was accompanied by a decrease in open interest, indicating the possibility of a correction in the near future. Meanwhile, the next significant resistance level for gold is expected to be the peak of $2067 reached in 2023 on May 4th.

⭐️Personal comments NOVA:
The beginning of the week witnessed great FOMO among bulls. Gold price is approaching the strong resistance zone in 2020. This is the period when Gold price creates a new peak this year.

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2001 - $2003 SL $1997 scalping
TP1: $2009
TP2: $2014
TP3: $2020

🔥BUY GOLD zone: $1990 - $1992 SL $1982
TP1: $2000
TP2: $2012
TP3: $2020

⭐️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:

Prices will continue to sideways around the 2010-2020 price range

Trade active:

Monday, no important economic data has been announced, so during the US session, prices will find it difficult to surpass the 2020 zone.

Can set up SELL 2015-2017 SL 2020

TP: 2010, 2000

Comment:

+ 35 pips , from entry SELL 2016.5

Comment:

+ 65 pips , from entry SELL 2016.5

Comment:

+ 75 pips nice