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continue to accumulate, gold price waiting for NF

910
⭐️GOLDEN INFORMATION:

Gold price (XAU/USD) continues its downward trajectory, slipping toward $3,315 during early Asian trading on Wednesday as improving global risk sentiment and signs of easing trade tensions weigh on demand for the safe-haven asset. Market participants remain cautious ahead of key US economic data releases, including the ADP Employment Change, the Core PCE Price Index, and the preliminary Q1 GDP figures, all scheduled for later in the day.

Meanwhile, US President Donald Trump is reportedly aiming to reduce the overall impact of automotive tariffs by avoiding cumulative duties on foreign vehicles and loosening restrictions on imported parts used in domestic production. Treasury Secretary Scott Bessent added that major trade partners have made “very good” proposals to avert further US tariffs. Furthermore, exemptions on select US goods from retaliatory duties suggest a growing intent to de-escalate ongoing trade disputes.

⭐️Personal comments NOVA:

Gold price maintains accumulation range of 3265 - 3360, temporary stability awaits big fluctuations

⭐️SET UP GOLD PRICE:


🔥SELL GOLD zone : 3368- 3370 SL 3375
TP1: $3350
TP2: $3340
TP3: $3330


🔥BUY GOLD zone: $3264 - $3262 SL $3257
TP1: $3280
TP2: $3300
TP3: $3318

🔥BUY GOLD zone: $3285 - $3283 SL $3280 scalping
TP1: $3290
TP2: $3295
TP3: $3300

⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Dagangan aktif
+ 80 pips , signal BUY GOLD scalping 3283-3285

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