accumulation and price appreciation – the main trendGoldOANDA:XAUUSDNova-ScalperGOLDEN INFORMATION: Gold (XAU/USD) builds on last week's breakout momentum above a technically significant 200-day Simple Moving Average (SMA) and climbs above $4,650 during the Asian session on Monday, hitting a fresh high since mid-May. The US Dollar (USD) languishes near an over three-month low amid receding bets for an immediate interest rate hike by the US Federal Reserve (Fed) and softer US Treasury bond yields, which, in turn, lend support to the non-yielding bullion. ⭐️Personal comments NOVA: Market recovery – investor sentiment is optimistic; short-term gold prices show a consensus for an upward trend. ⭐️SET UP GOLD PRICE 🔥SELL GOLD zone: 4700 - 4702 SL 4710 TP1: $4682 TP2: $4666 TP3: $4640 🔥BUY GOLD zone: 4566- 4564 SL 4558 TP1: $4575 TP2: $4590 TP3: $4618 ⭐️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