Gold price increased unexpectedly !! MONDAY

Updated
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) loses momentum at $2,295 early Monday. Investors are eyeing Fedspeaks this week and the US Michigan Consumer Sentiment Index for May on Friday. The US Dollar Index (DXY), a gauge of USD value against trade partner currencies, rises to 105.12, recovering from nearly one-month lows.

⭐️Personal comments NOVA:
Monday trading session saw Gold prices increase slightly, still in the disputed price range, selling pressure still prevailed more.

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2277 - $2275 SL $2270
TP1: $2285
TP2: $2292
TP3: $2300


🔥SELL GOLD zone: $2325 - $2323 SL $2330
TP1: $2318
TP2: $2310
TP3: $2300


⭐️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
- The winner is the one who sticks with the market the longest
Note
Gold price is close to the $2320 price range, an unexpected increase from Gold
Note
+ 70 pips, signal SELL PLAN DAY SELL 2323-2325
Note
+ 85 pips , signal SELL PLAN DAY 2323-2325
Note
Gold price increased to 2330, in response to information about increasing Israeli military tensions
Note
Currently the price range has moved sideways back to the 2320 area, an area with very large trading volume
Beyond Technical AnalysisgoldpricegoldtrendTechnical IndicatorssellgoldsellsignalsellzoneshortsetupshorttradeTrend Analysisxausellxauusdshort

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