Prioritize the DOWN trend !! XAU DECREASE

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price continues its stagnant trend as it struggles to gain traction in the Asian market on Tuesday. The US Dollar benefits from the Federal Reserve's higher interest rates and persistent inflation signs, alongside diminishing Middle East tensions. However, the downside is limited as traders await cues about the Federal Reserve's rate-cut plans.

⭐️Personal comments NOVA:
Price moves in a DECREASING triangle pattern. Wait for break 2328 and target to return to $2300 area

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2306 - $2304 SL $2298
TP1: $2310
TP2: $2318
TP3: $2325


🔥SELL GOLD zone: $2358 - $2360 SL $2365
TP1: $2350
TP2: $2340
TP3: $2330

⭐️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

Comment:

Gold price breaks 2328, activating short-term downtrend. Target 2300

Comment:

Gold price dropped sharply after break 2328, US data news today will determine further DOWN trend for Gold

Trade active:

Update new PLAN DAY:

SELL GOLD: zone : 2332-2335 SL 2340

TP 1: 2325
TP 2: 2310
TP 3: 2300

BUY GOLD zone : 2301-2299 SL 2294

TP 1: 2310
TP 2: 2320
TP 3: 2330

Comment:

Gold price decreased to close to the target of $2300

Comment:

+ 25 pips, signal PLAN DAY BUY 2299-2301

Comment:

+ 80 pips , signal PLAN DAY BUY 2299-2301 . Nice

Comment:

Gold prices dipped below the $2300 region, indicating a clearer downbeat