FOMO - reach higher ATH! XAU maybe reach 2590

Diupdate
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) held onto modest gains early Friday, trading near the record high of $2,565-$2,570. Thursday’s softer US Producer Price Index (PPI) report signaled easing inflation, boosting expectations of a larger Fed rate cut next week. This was supported by falling US Treasury yields and a weaker US Dollar, benefiting the non-yielding metal.

Geopolitical tensions in the Middle East and the Russia-Ukraine conflict also bolster gold's safe-haven appeal. The recent breakout from a multi-week range suggests further upside, though bulls may remain cautious ahead of next week’s key central bank decisions from the Fed, BoE, and BoJ.

⭐️Personal comments NOVA:
Break old ATH 2531, fomo Gold price has huge buying pressure. Continue to expect the price range of 2590, the new ATH for Gold

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2547 - $2545 SL $2542
TP1: $2552
TP2: $2560
TP3: $2570

🔥BUY GOLD zone: $2530 - $2528 SL $2523
TP1: $2540
TP2: $2550
TP3: $2560

🔥SELL GOLD zone: $2590 - $2592 SL $2597
TP1: $2575
TP2: $2560
TP3: $2550


⭐️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
Trade aktif
Gold price sideway is around 2560-2570 in the European session, waiting for the US session
Trade aktif
The market slowed down during the European session, trading around the 2560-2570 range
Trade aktif
Gold price is stable - sideway around 2570 at the end of the week. Wait for FOMC next week
Trade aktif
Gold price creates new ATH 2582, gold price pushes up
Trade aktif
New ATH 2586 - slightly missing for SELL PLAN DAY entry. The bullish cycle still remains for gold
Beyond Technical AnalysisbuygoldbuylimitbuytradebuyxauusdTechnical IndicatorslonggoldlongsetuplongtradeTrend Analysisxauusdlongxauusdsignal

Dear My Friends,

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