Tariffs - ATH - featured keyword with XAU

#XAU/USD#

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:

On Monday, US President Donald Trump signed two proclamations reinstating 25% tariffs on metals and removing all previous exemptions on steel and aluminum tariffs from his 2016-2020 term.

Additionally, Trump informed reporters that he plans to announce reciprocal tariffs on other countries within the next two days. This news boosted demand for safe-haven assets, pushing gold prices to a new record high during the Asian session on Tuesday.

⭐️Personal comments NOVA:

Asian session witnessed strong growth, gold price reached new ATH 2942, then showed signs of profit taking, still an uptrend today

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2957 - $2959 SL $2964
TP1: $2950
TP2: $2940
TP3: $2930

🔥BUY GOLD zone: $2898 - $2900 SL $2895 Scalping
TP1: $2905
TP2: $2910
TP3: $2915

🔥BUY GOLD zone: $2888 - $2886 SL $2881
TP1: $2895
TP2: $2902
TP3: $2910


⭐️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