Price accumulation ahead of PPI newsGoldOANDA:XAUUSDNova-ScalperGOLDEN INFORMATION: Gold (XAU/USD) extends its intraday retracement slide from the highest level since June 5, around the $4,450 area touched earlier this Thursday, and slides further below the $4,400 mark heading into the European session. The initial market reaction to signs of moderating US inflation fades quickly as investors remain worried that higher energy prices will rekindle inflationary pressures. This underpins prospects for at least one interest rate hike by the US Federal Reserve(Fed) in 2026, which, in turn, is seen as a key factor driving flows away from the non-yielding bullion. ⭐️Personal comments NOVA: The market is primarily consolidating with an upward bias above the 4360–4450 range; the uptrend remains intact. ⭐️SET UP GOLD PRICE 🔥SELL GOLD zone: 4470 - 4472 SL 4480 TP1: $4455 TP2: $4430 TP3: $4412 🔥BUY GOLD zone: 4317- 4315 SL 4307 TP1: $4330 TP2: $4344 TP3: $4360 ⭐️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