Gold price moves sideways above 3320GoldOANDA:XAUUSDNova-Scalper⭐️GOLDEN INFORMATION: Gold prices advanced during the North American session, gaining 0.78%, supported by headlines suggesting US President Donald Trump had discussed firing Federal Reserve (Fed) Chair Jerome Powell. Although Trump later denied the reports, calling it “highly unlikely” unless fraud was involved, the speculation lifted demand for the precious metal. At the time of writing, XAU/USD is trading around $3,348, after briefly reaching a daily high of $3,377 following Trump-related headlines. According to Bloomberg, Trump floated the idea during a meeting with GOP lawmakers focused on cryptocurrency regulation, noting that most attendees reportedly supported Powell’s removal. Beyond political drama, softer US economic data and ongoing geopolitical tensions also underpinned gold’s gains. The latest US Producer Price Index (PPI) came in below expectations but remained above the Fed’s 2% inflation target. Meanwhile, Israeli airstrikes in Syria helped limit downside pressure on bullion, though Gold’s upside remained capped below the $3,400 level following the recent US consumer inflation report. ⭐️Personal comments NOVA: Gold price moves sideways in the price range of 3306 - 3380, accumulating and waiting for information on US tariffs and interest rates ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3381- 3379 SL 3386 TP1: $3370 TP2: $3360 TP3: $3350 🔥BUY GOLD zone: $3306-$3304 SL $3299 TP1: $3318 TP2: $3330 TP3: $3343 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️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