黃金現貨 / 美元
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ADP-NF factor to help gold price return to 3400?

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⭐️GOLDEN INFORMATION:

Gold prices gave back part of Monday’s gains, slipping over 0.80% on Tuesday, as robust U.S. labor market data reinforced the case for a strong economy and pressured the non-yielding metal. At the time of writing, XAU/USD trades around $3,348, after reaching an intraday peak of $3,392.

Investor sentiment brightened after the latest U.S. Job Openings and Labor Turnover Survey (JOLTS) revealed a sharp uptick in job vacancies for April, signaling continued tightness in the labor market. The upbeat data comes ahead of a pivotal week packed with employment reports, including Wednesday’s ADP Employment Change for May and Friday’s highly anticipated Nonfarm Payrolls, both of which could shape expectations for Federal Reserve policy.

⭐️Personal comments NOVA:

Gold prices maintain bullish momentum, tariff momentum coupled with current unfavorable economic data

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone : 3411- 3413 SL 3418
TP1: $3400
TP2: $3390
TP3: $3380


🔥BUY GOLD zone: $3332- $3330 SL $3325
TP1: $3345
TP2: $3358
TP3: $3370


⭐️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
交易進行
Gold price accumulated around 3350-3365

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