Gold is forming a correction rhythm ! Increase

Gold is forming a correction rhythm ! Increase Gold OANDA:XAUUSD Nova-Scalper ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price fell slightly on Tuesday in the North American session due to a weaker-than-expected S&P Global Purchasing Managers Index (PMI) report. Despite the Greenback's weakness, buyers were unable to take advantage, while US Treasury yields declined. XAU/USD traded at $2,323, down 0.11%. The US 10-year Treasury yield remained steady at 4.402%, while US real yields, which have an inverse relationship with gold prices, dropped 0.41% to 2.192%, benefiting the precious metal. ⭐️Personal comments NOVA: Gold prices are showing a downward adjustment after a strong price increase in early April. They will continue to decrease after military tensions show signs of cooling down. ⭐️SET UP GOLD PRICE: ?BUY GOLD zone: $2283 - $2285 SL $2278 TP1: $2295 TP2: $2302 TP3: $2310 ?SELL GOLD zone: $2347 - $2350 SL $2355 TP1: $2335 TP2: $2320 TP3: $2300 ⭐️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 - The winner is the one who sticks with the market the longest

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