GDP - gold price continues to decrease

前天

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:

Gold price (XAU/USD) edges higher to around $2,920 in early Asian trading on Thursday, supported by trade tensions and economic uncertainty that fuel demand for safe-haven assets.

On Wednesday, US President Donald Trump reaffirmed plans for 25% tariffs on Canada and Mexico and announced similar measures for the European Union. He added that tariffs on Canada and Mexico would take effect on April 2.

Investors remain focused on further developments in Trump’s trade policies, as uncertainty around tariffs could drive more safe-haven demand for gold.

⭐️Personal comments NOVA:

Downtrend continues today, selling pressure adjusts to lower price zone: pay attention 2877

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2878 - $2876 SL $2871
TP1: $2885
TP2: $2892
TP3: $2900

🔥SELL GOLD zone: $2939 - $2941 SL $2946
TP1: $2930
TP2: $2920
TP3: $2910

⭐️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

前天

交易進行

+ 180 pips , signal SELL 2878-2876, great set up