Sideway consolidation and recoveryGoldOANDA:XAUUSDNova-Scalper✍️ NOVA hello everyone, Let's comment on gold price next week from 05/04/2026 - 05/08/2026 ⭐️GOLDEN INFORMATION: Gold (XAU/USD) prints back-to-back days of gains, up over 0.50% as the US Dollar extends its losses amid Japan’s intervention in the market and amid news that Iran submitted a new proposal drove Oil prices lower. At the time of writing, the XAU/USD pair trades at $4,643 after bouncing off daily lows of $4,560. Bullion gains as Iran proposal cools oil, but Fed hawks cap upside Wall Street trades in positive territory amid news that Iran sent a proposal to the US via Pakistan, which weighed on Oil prices, with WTI seen trading at $101.91 per barrel, down over 3% on the day. ⭐️Personal comments NOVA: The accumulation continues, with short-term buying pressure recovering above 4600. 🔥 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: $4662, $4705 Support: $4558, $4509 🔥 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