Gold prices recover - watch out for resistance at 4220.

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Gold prices recover - watch out for resistance at 4220.GoldOANDA:XAUUSDNova-ScalperGOLDEN INFORMATION: Gold (XAU/USD) is seen building on this week's recovery move from its lowest level since November 2025 and gaining positive traction for the third straight day on Friday. The precious metal advances to the $4,200 neighborhood, or a one-and-a-half-week high, during the Asian session and remains on track to register gains for the first time in five weeks. Traders trimmed their bets for interest rate hikes by the US Federal ​Reserve (Fed) following the release of softer-than-expected US monthly employment details on Thursday, which, in turn, is seen underpinning the non-yielding Gold. The closely-watched US Nonfarm Payrolls (NFP) report showed that the economy added only 57K new jobs in June, compared to the 110K consensus estimates. Moreover, the previous month's reading was revised down from 172K to 129K, while the Unemployment Rate edged lower to 4.2% in June. ⭐️Personal comments NOVA: The market is rising thanks to favorable US economic news for gold, but it remains in a downward consolidation range in the medium term. ⭐️SET UP GOLD PRICE 🔥SELL GOLD zone: 4220 - 4222 SL 4230 TP1: $4200 TP2: $4177 TP3: $4140 🔥BUY GOLD zone: 4133- 4131 SL 4123 TP1: $4150 TP2: $4177 TP3: $4200 ⭐️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