Short recovery for Gold !! zone $2350

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⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rises during Asian session, reaching over one-week high around $2,338. US macro data suggests easing inflation and a slowing economy, leading to speculation of two interest rate cuts by the Federal Reserve (Fed) this year. Expectations keep the US Dollar (USD) near weekly low, supporting gold as a commodity.

⭐️Personal comments NOVA:
Gold price sideways, moving within the 2300 - 2350 range, expecting a recovery close to the $2350 price range and then adjusting again without too much important economic data.

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2306 - $2304 SL $2298
TP1: $2315
TP2: $2322
TP3: $2330


🔥SELL GOLD zone: $2353 - $2355 SL $2360
TP1: $2345
TP2: $2338
TP3: $2330


⭐️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
Nota
Gold price increased to 2340 area
Nota
Gold price breaks through the 2340 zone, the opportunity to reach the 2350 zone is great
Nota
Gold price decreased during the European session - in the 2330 -2340 range
Nota
Gold price increased again to 2340 before today's unemployment news
Nota
+ 30 pips , signal PLAN DAY SELL 2353-2355
Nota
Gold price increased strongly, breaking 2350, the uptrend is dominant
Nota
Gold price sideways above 2350 and waiting for the last trading session of the week tomorrow
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