Gold's recovery continues - 5258GoldOANDA:XAUUSDNova-ScalperGOLDEN INFORMATION: Gold price (XAU/USD) holds positive ground near $5,145 during the early Asian session on Thursday. The precious metal edges higher on safe-haven demand from the US–Iran conflict. The US weekly Initial Jobless Claims report is due later on Thursday. Also, Federal Reserve (Fed) official Michelle Bowman is set to speak. Israel's military said on Wednesday that it has begun a new wave of strikes targeting military infrastructure in Tehran, per the BBC. Republicans rejected a resolution Wednesday aimed at requiring that US President Donald Trump seek congressional approval for future US military action against Iran. ⭐️Personal comments NOVA: Gold prices are recovering and consolidating - following the Fibonacci retracement wave, pay attention to resistance at 0.618 (5258). ⭐️SET UP GOLD PRICE 🔥SELL GOLD zone: 5258 - 5260 SL 5265 TP1: $5240 TP2: $5220 TP3: $5200 🔥BUY GOLD zone: 5066- 5068 SL 5061 TP1: $5080 TP2: $5100 TP3: $5125 ⭐️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