Accumulation - selling pressure below 5000GoldOANDA:XAUUSDNova-Scalper✍️ NOVA hello everyone, Let's comment on gold price next week from 04/20/2026 - 04/24/2026 ⭐️GOLDEN INFORMATION: Gold (XAU/USD) price rallies on Friday ahead of the weekend, breaking past the $4,850 level and rising more than 1.50%, as the US-Iran conflict seems to be de-escalating after Iran reopened the Strait of Hormuz, easing inflationary pressures worldwide. Energy prices tumble, with WTI, the US crude oil benchmark, down more than 9%, while the US Dollar falls to a seven-week low. Bullion rallies as falling Oil revives Fed cut hopes for 2026 Middle East news remains the focus for market participants, who tend to react strongly to headlines suggesting the conflict may end. The source was different: the Iranian Foreign Minister Abbas Araghchi posted on X that the Strait was open to all commercial vessels during the remaining 10-day truce agreed between Israel and Lebanon. ⭐️Personal comments NOVA: Gold prices are consolidating below $5000 and will continue to face selling pressure as tensions in the Middle East remain volatile. 🔥 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: $4985, $5118 Support: $4746, $4645, $4553 🔥 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