Gold officially has a new peak, increasing strongly

✍️ NOVA hello everyone, Let's comment on gold price next week from 4/12 - 8/12/2023

🔥 World situation:
Last Friday, after the PMI news and the FED meeting, the information was not good for the dollar, it witnessed a new milestone for Gold.
Gold price reaches a new peak in 2075. This is a previously forecast result at the end of 2023.
Although information about the war between Ukraine and Israel has gradually decreased, it is still happening. That is also the motivation for Vang to continue to increase strongly

🔥 Identify:
Currently, buying power is still very strong. Price is in a nice technical zone to continue increasing
December will still witness new record high points for Gold

🔥 Technically:
Based on the resistance and support areas of the gold price according to the D1 frame, NOVA identifies the important key areas as follows:

New Resistance: $2100, $2150
Support : $2051, $2027, $2005


🔥 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:

There is a very high possibility that when the market reopens, there will be a reduction in GAP prices

Comment:

The market has opened, there is a slight and temporary increase for Gold

Comment:

New peak area 2150 PLAN for the whole week, the price was reached in the opening session on Monday