Gold Spot / U.S. Dollar
Long
Updated

Gold prices steady in recovery above 3300

775
⭐️GOLDEN INFORMATION:

Gold prices fell over 0.50% on Monday, weighed down by reduced demand for safe-haven assets after U.S. President Donald Trump announced a delay in the imposition of tariffs on the European Union (EU). Trading activity remained subdued due to market closures in both the United States and the United Kingdom for public holidays. At the time of writing, XAU/USD is trading around $3,336.

Sentiment improved following Trump’s Sunday statement, which postponed the implementation of the 50% tariffs on EU goods to July 9. As a result, gold came under pressure, retreating after last week’s impressive 4.86% surge—its strongest weekly performance since early April.

⭐️Personal comments NOVA:

Gold price continues to maintain the accumulation price range of 3300 - 3367, in recovery momentum

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone : 3389- 3392 SL 3396
TP1: $3380
TP2: $3368
TP3: $3350


🔥BUY GOLD zone: $3285- $3287 SL $3280
TP1: $3295
TP2: $3310
TP3: $3325


⭐️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
Trade active
Xau decrease 3287.4 and UP , miss BUY 3287 plan day

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