XAU continues to increase - break $2350

Diupdate
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) marginally increased during Thursday's Asian session, but didn't surpass the near two-week high reached previously. The strong global equity market is hindering the safe-haven metal during the US Independence Day holiday. Traders are awaiting Friday's US Nonfarm Payrolls (NFP) report before making further investment decisions.

⭐️Personal comments NOVA:
Gold price after breaking 2350 from the sideway zone 2310 - 2350, the Uptrend prevails, the Bulls prevail.

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2349 - $2347 SL $2342
TP1: $2355
TP2: $2368
TP3: $2380


🔥BUY GOLD zone: $2337 - $2335 SL $2330
TP1: $2345
TP2: $2352
TP3: $2360


⭐️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
Catatan
Decrease during Asian session
Catatan
Bank holiday Asian session, Gold price does not move much
Catatan
The market is slow - moving below the 2360 area
Beyond Technical AnalysisgoldlonggoldpriceTechnical IndicatorslonggoldlongpositionlongtradelongxauusdTrend Analysisxauusdbuyxauusdlongxauusdtrade

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