黃金現貨 / 美元
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Continue to motivate the price, world trade tensions

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✍️ NOVA hello everyone, Let's comment on gold price next week from 03/10/2025 - 03/14/2025

🔥 World situation:

Kugler emphasized that uncertainty poses challenges across the economy. Earlier, she noted that monetary policy is likely to remain steady for some time and dismissed wages as a driver of inflation.

Meanwhile, Fed Chair Jerome Powell reaffirmed that the central bank is in no rush to cut interest rates. He acknowledged that achieving the 2% inflation target will be a gradual process and cautioned against overreacting to short-term data fluctuations, stating that the Fed is well-positioned on monetary policy.

When asked about tariffs, Powell noted that their potential inflationary impact remains uncertain.

🔥 Identify:

The accumulation of over 2900 is a good signal, trade tensions will be comprehensive in the world that is when gold price grows over 3000

🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:

Resistance: $2928, $2955
Support : $2880, $2837



🔥 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

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