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Waiting for gold price to grow with ADP-NF

576
⭐️GOLDEN INFORMATION:

Gold (XAU/USD) finds it difficult to extend its two-day rally and trades within a tight range during Wednesday’s Asian session, hovering just below Tuesday’s one-week high. A modest rebound in the US Dollar—recovering from its lowest level since February 2022—has put pressure on the precious metal. Additionally, improving market sentiment continues to reduce demand for safe-haven assets like Gold, further limiting its upside.

⭐️Personal comments NOVA:

Steady trendline recovery, sustained buying could move towards 3383 with today's ADP-NF data

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 3382- 3384 SL 3389
TP1: $3370
TP2: $3360
TP3: $3350


🔥BUY GOLD zone: $3312-$3310 SL $3305
TP1: $3320
TP2: $3330
TP3: $3340


⭐️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
XAU sideway around 3340

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