uptrend, heading towards 3400

525
⭐️GOLDEN INFORMATION:

Gold prices (XAU/USD) climb toward $3,350 in early Asian trading on Tuesday, supported by renewed safe-haven demand after US President Donald Trump threatened sweeping 100% tariffs on Russia. Traders now shift focus to the upcoming US Consumer Price Index (CPI) report, which could offer further cues for the Federal Reserve’s policy outlook.

Late Monday, Trump warned that unless Russian President Vladimir Putin agrees to a peace deal to end the Ukraine conflict within 50 days, the US will impose 100% tariffs on Russian goods. The proposed sanctions, described as secondary tariffs, lack detailed clarification but have already fueled market anxiety. Heightened geopolitical tensions are likely to sustain near-term demand for gold as investors seek safety in the yellow metal


⭐️Personal comments NOVA:

Maintaining buying pressure above 3350, gold price in an uptrend, paying attention to CPI results to assess the inflation level of the world's number 1 economy

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 3400- 3402 SL 3407
TP1: $3390
TP2: $3380
TP3: $3370


🔥BUY GOLD zone: $3330-$3328 SL $3323
TP1: $3340
TP2: $3350
TP3: $3360


⭐️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

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