Gold adjusted down waiting for PPI today

Diupdate
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) saw some buying interest during the Asian session on Tuesday, recovering part of the previous day's pullback from near a one-month high reached last week. Reports suggesting that US President-elect Donald Trump's economic team is considering a gradual implementation of tariffs to avoid a sharp rise in inflation led to a slight retreat in US Treasury bond yields, offering support to the non-yielding metal. However, the recovery lacks a clear catalyst and is likely to remain limited due to expectations of a hawkish stance from the Federal Reserve (Fed).

⭐️Personal comments NOVA:
Short-term frame - need to adjust down to create liquidity, sideway has enough strength to increase more strongly

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2646 - $2644 SL $2639
TP1: $2652
TP2: $2660
TP3: $2670


🔥SELL GOLD zone: $2697 - $2699 SL $2704
TP1: $2690
TP2: $2680
TP3: $2670

🔥SELL GOLD zone: $2678 - $2680 SL $2683 scalpingAsian and European sessions
TP1: $2674
TP2: $2670
TP3: $2665

⭐️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
Trade aktif
Gold price continues to sideways around the 2665-2675 price range. Wait for the US session and PPI news
Trading ditutup: target tercapai
PPI news causes gold price to sideway 2660-2675, there has not been much price fluctuation to clearly determine the trend
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