Military tensions - gold prices surge.

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Military tensions - gold prices surge.GoldOANDA:XAUUSDNova-Scalper✍️ NOVA hello everyone, Let's comment on gold price next week from 03/02/2026 - 03/06/2026 ⭐️GOLDEN INFORMATION: A red-hot inflation report in the United States and rising tensions between the latter and Iran pushed Gold price higher on Friday, past the $5,260 figure, posting solid gains of over 1.20%. At the time of writing, XAU/USD trades at $5,261, hitting a one-month high and extending its gains for the seventh consecutive month. XAU/USD climbs to fresh highs as unresolved US–Iran talks and inflation fears underpin safe-haven buying Talks between Washington and Tehran ended on Thursday, but failed to show meaningful progress, which could prevent a US strike on Iran. Recently, US President Donald Trump said that he was not happy with the way Iran negotiated, sounding vague about whether there may or may not be a regime change in the country, and added that Tehran forgot to say the golden words, “no nuclear weapon.” ⭐️Personal comments NOVA: Middle Eastern military tensions, global financial instability, gold continues to be a safe-haven asset, and continues to experience strong growth. 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $5440, $5593 Support: $5207, $5098 🔥 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