Uptrend line XAU - above $2400

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The price of gold remains steady around $2,380 per troy ounce on Wednesday, staying close to its all-time highs as traders proceed with caution in anticipation of Israel's response to Iran's airstrike on Saturday. According to a report from Reuters, the third meeting of Israel's war cabinet, originally scheduled for Tuesday to determine a course of action in response to Iran's unprecedented direct attack, has been postponed until Wednesday.

Additionally, sources cited by The Jerusalem Post have revealed that Israel has reportedly finalized its plans for retaliating against Iran. Late on Tuesday, US National Security Advisor Jake Sullivan announced that new sanctions targeting Iran, as well as sanctions against entities that support the Islamic Revolutionary Guard Corps and Iran's Defense Ministry, will be implemented in the coming days.

⭐️Personal comments NOVA:
The H1 frame shows 2 Uptrend lines leading the Gold price above $2400. With the tense military situation, Gold still has motivation to increase prices by the end of April 2024

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2355 - $2353 SL $2348
TP1: $2362
TP2: $2370
TP3: $2380

🔥SELL GOLD zone: $2406 - $2404 SL $2410
TP1: $2395
TP2: $2388
TP3: $2380

🔥SELL GOLD zone: $2428 - $2430 SL $2435
TP1: $2420
TP2: $2405
TP3: $2390

⭐️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

Comment:

Gold price had a slight correction during the Asian session, returning to the $2,380 area

Comment:

Gold price is trending up - overbought has formed, waiting for a correction

Comment:

Gold price fluctuated in the US session - decreased to the 2361 area then reacted to the 2370 area

Comment:

Gold price breaks the Downtrend line, moving unstable. Sideways large amplitude

Comment:

+ 170 pips, signal PLAN DAY BUY 2355-2353

Trade active:

SET UP GOLD PRICE:

BUY GOLD zone: $2327 - $2325 SL $2320
TP1: $2340
TP2: $2350
TP3: $2365

SELL GOLD zone: $2384 - $2386 SL $2389
TP1: $2378
TP2: $2372
TP3: $2365

SELL GOLD zone: $2421 - $2423 SL $2428
TP1: $2410
TP2: $2395
TP3: $2380