Gold prices continue to increase when there is CPI news

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
After experiencing a recent increase, the value of Gold has managed to recoup more than 30% of the losses it incurred in September. Interestingly, this positive trend appears to be unaffected by the generally positive sentiment in the stock markets. Furthermore, there are speculations that the Federal Reserve (Fed) is approaching the end of its cycle of raising interest rates. These factors suggest that the XAU/USD (Gold/US Dollar) pair is more likely to continue its upward trajectory. However, traders may prefer to wait for the release of the latest consumer inflation data from the United States later in the North American session before making any decisions.

⭐️Personal comments NOVA:
Today we continue to wait for the results of US CPI news. Economic data is still supporting gold prices, the upward trend continues today

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $1860 - $1862 SL $1855
TP1: $1866
TP2: $1869
TP3: $1875

🔥SELL GOLD zone: $1882 - $1885 SL $1890
TP1: $1878
TP2: $1875
TP3: $1870

🔥SELL GOLD zone: $1900 - $1902 SL $1910
TP1: $1895
TP2: $1888
TP3: $1880

⭐️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