3539, continue to increase in price

636
⭐️GOLDEN INFORMATION:

Gold (XAU/USD) extends its rally for a sixth straight session, hitting a new record high in Asia on Tuesday as expectations of a Fed rate cut, tariff uncertainty, and geopolitical tensions fuel safe-haven demand. However, the metal struggles to hold above the $3,500 mark amid a firmer Dollar and overbought conditions, with traders eyeing key U.S. data this week, including Friday’s Nonfarm Payrolls.

⭐️Personal comments NOVA:

Gold price breaks old peak, market is fomo into next big price increase. Waiting for next ATH: 3539

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 3539- 3541 SL 3546
TP1: $3530
TP2: $3520
TP3: $3510


🔥BUY GOLD zone: $3470-$3468 SL $3463
TP1: $3480
TP2: $3490
TP3: $3500


⭐️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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