New ATH continues! Gold broke out this year

Updated
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rises to around $2,720 during Monday’s early Asian session, driven by ongoing Middle East tensions and uncertainty surrounding the US presidential election.

Geopolitical risks, particularly Hezbollah's escalation of conflict with Israel, have prompted investors to seek safety in gold. Additionally, concerns over the upcoming US election and expectations of looser monetary policies from the Federal Reserve further support the metal’s upward trend, according to Alexander Zumpfe, a precious metals trader at Heraeus Metals Germany.

⭐️Personal comments NOVA:
Gold prices are continuously increasing, creating ATH after military tensions in the world - currently the top asset type to accumulate in the world, continuing to be expected to increase anew this week.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2743 - $2745 SL $2750
TP1: $2735
TP2: $2720
TP3: $2710


🔥BUY GOLD zone: $2707 - $2705 SL $2700
TP1: $2715
TP2: $2722
TP3: $2730

⭐️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
- The winner is the one who sticks with the market the longest
Trade active
Gold price reached ATH 2732 then adjusted slightly, retesting 2725 for further increase.
Order cancelled
Gold prices continue to increase - reaching an all-time high of 2,733. Waiting for new ATH soon
Trade active
Gold price sideways around 2725-2735 in the European session - the uptrend is still very high
Trade closed: stop reached
Gold price created a new ATH of 2740 and continued to increase in the context of war tension
Trade active
Gold dropped to 2720 - taking liquidity from support areas 2714 and 2705. Then maintain the next uptrend
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Dear My Friends,

NOVA returns and updates new information

✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.

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