Gold recovers - short-term expectation 4400GoldOANDA:XAUUSDNova-ScalperGOLDEN INFORMATION: Gold (XAU/USD) extends losses on Monday to complete a more than 4% depreciation in the last two trading days. The precious metal has hit $4,268, its lowest price in more than two months, as the safe-haven role has been taken by the US Dollar, which is drawing additional support from higher Treasury yields. Israel and Iran are ramping up their rhetoric after exchanging missile attacks earlier in the day, adding pressure to an already strained ceasefire. US President Donald Trump said that Israel and Iran “must immediately stop shooting,” but investors remain on edge, wary about an all-out war in the region. ⭐️Personal comments NOVA: Investor concerns about inflation and geopolitical tensions are the cause of the current selling pressure on gold. Short-term accumulation and recovery around 4400 is expected. ⭐️SET UP GOLD PRICE 🔥SELL GOLD zone: 4398 - 4400 SL 4408 TP1: $4370 TP2: $4350 TP3: $4322 🔥BUY GOLD zone: 4270- 4268 SL 4260 TP1: $4288 TP2: $4310 TP3: $4342 ⭐️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