⭐️GOLDEN INFORMATION:
Gold prices edged higher on Monday, supported by growing expectations of a Federal Reserve rate cut following last Friday’s disappointing U.S. Nonfarm Payrolls report. XAU/USD is trading around $3,375, up 0.39% on the day.
Speculation over a potential policy shift has strengthened, with markets now pricing in an 87% chance of a rate cut at the Fed’s September 17 meeting — a boost for the non-yielding yellow metal.
Last week’s labor data revealed early signs of weakness in the job market. The U.S. Bureau of Labor Statistics (BLS) revised May and June payrolls down by a combined 258,000 jobs, reinforcing dovish remarks from Fed Governor Christopher Waller, who downplayed tariff-driven inflation and emphasized concerns about the Fed’s full employment mandate.
⭐️Personal comments NOVA:
Uptrend, gold price is maintaining stability. Heading towards 3400, before the expectation of interest rate cut is becoming more and more obvious.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3415- 3417 SL 3422
TP1: $3405
TP2: $3394
TP3: $3380
🔥BUY GOLD zone: $3311-$3313 SL $3306
TP1: $3325
TP2: $3338
TP3: $3350
⭐️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 prices edged higher on Monday, supported by growing expectations of a Federal Reserve rate cut following last Friday’s disappointing U.S. Nonfarm Payrolls report. XAU/USD is trading around $3,375, up 0.39% on the day.
Speculation over a potential policy shift has strengthened, with markets now pricing in an 87% chance of a rate cut at the Fed’s September 17 meeting — a boost for the non-yielding yellow metal.
Last week’s labor data revealed early signs of weakness in the job market. The U.S. Bureau of Labor Statistics (BLS) revised May and June payrolls down by a combined 258,000 jobs, reinforcing dovish remarks from Fed Governor Christopher Waller, who downplayed tariff-driven inflation and emphasized concerns about the Fed’s full employment mandate.
⭐️Personal comments NOVA:
Uptrend, gold price is maintaining stability. Heading towards 3400, before the expectation of interest rate cut is becoming more and more obvious.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3415- 3417 SL 3422
TP1: $3405
TP2: $3394
TP3: $3380
🔥BUY GOLD zone: $3311-$3313 SL $3306
TP1: $3325
TP2: $3338
TP3: $3350
⭐️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
Trade active
XAU breakout 3362 , continue decrease 
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.