Gold continues downtrend at the end of 2024

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⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) remains steady near $2,610 in the early Asian session on Tuesday, with trading subdued as markets anticipate a quieter pace ahead of the holiday week. Investors are keeping an eye on the US Richmond Fed Manufacturing Index for December, set to be released later in the day.

⭐️Personal comments NOVA:
Gold sideways in 2 H1 trendlines - downtrend is dominant. At the end of the year, there will be a lack of trading liquidity, not many big fluctuations.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2627 - $2629 SL $2634
TP1: $2620
TP2: $2610
TP3: $2600


🔥BUY GOLD zone: $2604 - $2602 SL $2597
TP1: $2610
TP2: $2618
TP3: $2627


⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
액티브 트레이드
The market continued to maintain the sideways price range during the US session
Beyond Technical AnalysisgoldpricegoldsellTechnical IndicatorssellgoldsellsetupsellsignalselltradeshortgoldshortsetupshortxauusdTrend Analysis

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