Price rebound - breaking through 4700GoldOANDA:XAUUSDNova-ScalperGOLDEN INFORMATION: Gold (XAU/USD) retains its positive bias for the fourth consecutive day and trades near a two-week high, above the $4,700 mark heading into the European session on Wednesday. President Donald Trump said on Tuesday that he expects the US to wrap up its military operation against Iran within two to three weeks and added that Tehran does not have to make a deal for him to end the war. The optimism, in turn, weighed on the US Dollar's (USD) global reserve currency status and turns out to be a key factor acting as a tailwind for the commodity. ⭐️Personal comments NOVA: Gold prices recovered, started trading sideways, and accumulated buying pressure around 4700. The uptrend is continuing. ⭐️SET UP GOLD PRICE 🔥SELL GOLD zone: 4860 - 4862 SL 4867 TP1: $4830 TP2: $4800 TP3: $4766 🔥BUY GOLD zone: 4570- 4568 SL 4563 TP1: $4597 TP2: $4624 TP3: $4655 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas . ⭐️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