⭐️GOLDEN INFORMATION:
Gold (XAU/USD) slips during Wednesday’s Asian session, retreating from a two-week high near $3,395 amid profit-taking and a modest US Dollar rebound. However, downside risks remain limited by concerns over Fed independence after President Trump intensified efforts to remove a Fed governor, reinforcing Gold’s safe-haven appeal.
Markets now focus on the Russia-Ukraine situation and Friday’s US PCE inflation data. A hotter-than-expected reading could temper Fed rate-cut hopes, while geopolitical tensions may continue to support the yellow metal
⭐️Personal comments NOVA:
Gold price continues to increase in price according to stable trend line. Price range 3352 - 3405
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3404- 3406 SL 3411
TP1: $3395
TP2: $3383
TP3: $3370
🔥BUY GOLD zone: $3350-$3352 SL $3345
TP1: $3360
TP2: $3370
TP3: $3380
⭐️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) slips during Wednesday’s Asian session, retreating from a two-week high near $3,395 amid profit-taking and a modest US Dollar rebound. However, downside risks remain limited by concerns over Fed independence after President Trump intensified efforts to remove a Fed governor, reinforcing Gold’s safe-haven appeal.
Markets now focus on the Russia-Ukraine situation and Friday’s US PCE inflation data. A hotter-than-expected reading could temper Fed rate-cut hopes, while geopolitical tensions may continue to support the yellow metal
⭐️Personal comments NOVA:
Gold price continues to increase in price according to stable trend line. Price range 3352 - 3405
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3404- 3406 SL 3411
TP1: $3395
TP2: $3383
TP3: $3370
🔥BUY GOLD zone: $3350-$3352 SL $3345
TP1: $3360
TP2: $3370
TP3: $3380
⭐️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.