Waiting for a retest of the gold selling point at 4370.GoldOANDA:XAUUSDNova-ScalperGOLDEN INFORMATION: Gold (XAU/USD) attracts fresh sellers following a modest Asian session uptick to the $4,350-$4,355 area and touches its lowest level since March 23 on the first day of a new week. Renewed hostilities in the Gulf push Crude Oil prices higher, fanning inflationary concerns and bolstering bets for more hawkish central banks. This, in turn, is seen as a key factor undermining demand for the non-yielding bullion. The commodity now seems to have found acceptance below a technically significant 200-day Simple Moving Average (SMA) and remains vulnerable to decline further, with bears awaiting acceptance below the $4,300 mark before placing fresh bets. ⭐️Personal comments NOVA: The downward trend continued at the beginning of the week around 4300. Investors are concerned that interest rate cuts will continue to tighten, and the release of NF data indicates a high risk of inflation. ⭐️SET UP GOLD PRICE 🔥SELL GOLD zone: 4370 - 4372 SL 4380 TP1: $4355 TP2: $4330 TP3: $4302 🔥BUY GOLD zone: 4265- 4263 SL 4255 TP1: $4280 TP2: $4302 TP3: $4333 ⭐️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