Break H4 and continue uptrend 2740

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues to gain traction for the second consecutive day, reaching its highest level since November 6, around $2,726 during Tuesday's Asian session. Renewed trade war concerns, sparked by US President Donald Trump's suggestion of imposing tariffs on Canada and Mexico, have increased demand for the safe-haven precious metal.

Additionally, a drop in US Treasury bond yields—driven by expectations that the Federal Reserve (Fed) will implement two rate cuts this year amid signs of easing inflation—further supports the appeal of non-yielding Gold.

⭐️Personal comments NOVA:
Gold price continues to increase in large frame, break 2725 and buying power is stronger

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2701 - $2703 SL $2696
TP1: $2710
TP2: $2720
TP3: $2730


🔥SELL GOLD zone: $2740 - $2742 SL $2747
TP1: $2732
TP2: $2720
TP3: $2710


⭐️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