⭐️GOLDEN INFORMATION:
Gold (XAU/USD) found some buying interest in the Asian session, rebounding from Monday’s steep drop to the $3,341 level — its lowest in over a week. The U.S. Dollar struggled to build on its two-day advance as traders stepped to the sidelines ahead of the release of the latest U.S. consumer inflation data later today.
The Consumer Price Index (CPI) report will be pivotal in shaping expectations for the Federal Reserve’s rate-cut trajectory, which will, in turn, influence the Greenback’s direction and could provide fresh momentum for the non-yielding yellow metal.
⭐️Personal comments NOVA:
CPI expected to increase, DXY increases, selling pressure on gold. Market recovers briefly before US trading session
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3379- 3381 SL 3386
TP1: $3367
TP2: $3355
TP3: $3342
🔥BUY GOLD zone: $3320-$3318 SL $3313
TP1: $3332
TP2: $3344
TP3: $3356
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️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
Gold (XAU/USD) found some buying interest in the Asian session, rebounding from Monday’s steep drop to the $3,341 level — its lowest in over a week. The U.S. Dollar struggled to build on its two-day advance as traders stepped to the sidelines ahead of the release of the latest U.S. consumer inflation data later today.
The Consumer Price Index (CPI) report will be pivotal in shaping expectations for the Federal Reserve’s rate-cut trajectory, which will, in turn, influence the Greenback’s direction and could provide fresh momentum for the non-yielding yellow metal.
⭐️Personal comments NOVA:
CPI expected to increase, DXY increases, selling pressure on gold. Market recovers briefly before US trading session
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3379- 3381 SL 3386
TP1: $3367
TP2: $3355
TP3: $3342
🔥BUY GOLD zone: $3320-$3318 SL $3313
TP1: $3332
TP2: $3344
TP3: $3356
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️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
Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.