Gold price stability, slight price increase

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) experienced a sudden reversal during the day, dropping from the $1,885 level, which was a two-week high, and ultimately settling near the lower end of its daily range on Thursday. In September, consumer prices in the United States (US) increased more than anticipated, raising expectations that the Federal Reserve (Fed) would maintain higher interest rates for a longer period of time. As a result, there was a significant overnight surge in US Treasury bond yields and a substantial rally in short-covering of the US Dollar (USD), both of which contributed to the downward pressure on the precious metal.

⭐️Personal comments NOVA:
A week that witnessed a recovery in gold prices. Friday session, continue to expect an increase in price from Gold

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $1857 - $1859 SL $1850
TP1: $1865
TP2: $1872
TP3: $1880

🔥SELL GOLD zone: $1881 - $1878 SL $1886
TP1: $1873
TP2: $1868
TP3: $1860

⭐️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