黃金現貨 / 美元
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Gold price recovers, waiting for CPI inflation data today

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⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:

The US 10-year Treasury yield rebounds, rising six basis points to 4.282% as markets focus on potential Federal Reserve rate cuts.

Meanwhile, US real yields—measured by the 10-year Treasury Inflation-Protected Securities (TIPS), which typically move inversely to gold prices—climb 5.5 basis points to 1.963%, posing a headwind for the non-yielding metal.

The Atlanta Fed’s GDP Now model projects a -2.4% contraction for Q1 2025, marking the first negative reading since the COVID-19 pandemic.

⭐️Personal comments NOVA:

Recovering in the sideway price range below 2930

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2928 - $2930 SL $2935
TP1: $2920
TP2: $2910
TP3: $2900

🔥BUY GOLD zone: $2894 - $2896 SL $2889
TP1: $2900
TP2: $2910
TP3: $2920

⭐️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

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