Gold Spot / U.S. Dollar
Long
Updated

CPI data helps gold recover temporarily

1 232
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
On Tuesday, it was announced that Mike Waltz would serve as National Security Advisor and Marco Rubio as Secretary of State. Both are known for their firm stance on China, suggesting a high likelihood of tariffs being introduced.

At the same time, markets anticipate a less dovish Federal Reserve, with fed funds futures from the Chicago Board of Trade (CBOT) indicating a terminal rate of approximately 3.99%.

⭐️Personal comments NOVA:
Currently, the price is sideways around the 2590 - 2620 range, a short-term recovery for the next price decline.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2660 - $2662 SL $2667
TP1: $2650
TP2: $2640
TP3: $2630


🔥BUY GOLD zone: $2576 - $2574 SL $2569
TP1: $2582
TP2: $2590
TP3: $2600

⭐️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 active
Exact price trend increases - recovers. Touched resistance 2618 - downward correction.
Trade closed: target reached
Exact trend - waiting for plan day support zone 2576-2574

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