Selling pressure - correction below 4300GoldOANDA:XAUUSDNova-Scalper✍️ NOVA hello everyone, Let's comment on gold price next week from 01/05/2026 - 01/09/2026 ⭐️GOLDEN INFORMATION: Gold (XAU/USD) accelerated its recovery on a holiday-thinned session on Friday, with markets in Japan and China closed for the New Year lantern. The precious metal is 1.75% up on the day, reaching levels near $4,400, after bouncing from $4,274 earlier this week. A combination of market expectations of lower interest rates in the US and growing geopolitical frictions has underpinned support from precious metals over the last few sessions. Russia has announced the revision of its stance at the peace talks with Ukraine, after an intentional drone attack in one of President Vladimir Putin's residences, while US President Trump has raised his tone against Iran. ⭐️Personal comments NOVA: Investor sentiment remains pressured to sell and take profits at the start of the new year - however, global military concerns continue to provide upward momentum for gold prices. 🔥 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: $4402, $4453 Support: $4274, $4237 🔥 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