Correction - Gold prices decline and consolidate.GoldOANDA:XAUUSDNova-Scalper✍️ NOVA hello everyone, Let's comment on gold price next week from 01/19/2026 - 01/23/2026 ⭐️GOLDEN INFORMATION: Gold (XAU/USD) registers losses of over 0.70% on Friday as traders take profits, as in the last two weeks, data in the US has shown the labor market is not as weaker as expected. Therefore, traders are turning skeptical that the Federal Reserve (Fed) might go for two cuts, as reflected by the swaps markets. XAU/USD trades at $4,580 at the time of writing. Bullion retreats as resilient US data, easing geopolitical risks push traders to cut aggressive Fed easing bets Market mood is turning negative as US President Donald Trump shook the markets, as he seems reluctant to nominate the National Economic Council Director Kevin Hassett for the Fed Chair post. “I actually want to keep you where you are, if you want to know the truth,” Trump told Hassett during a White House event. ⭐️Personal comments NOVA: Pay attention to the 4515 gap, liquidity is supporting it. Gold prices are correcting downwards. Tariffs are returning, still a major driver for the upward trend. 🔥 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: $4618, $4640, $4700 Support: $4536, $4515, $4477 🔥 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