⭐️GOLDEN INFORMATION:
Gold (XAU/USD) dips during Thursday’s Asian session, pulling back from a three-week high near $3,400 as the US Dollar rebounds and traders book profits. Ongoing concerns over Fed independence, following President Trump’s removal of Governor Lisa Cook, lend some support to the safe-haven metal.
Markets now await the second estimate of US Q2 GDP, expected at 3.1%. A stronger print could boost the Greenback and pressure Gold, while focus will shift to Friday’s PCE inflation data for clues on Fed rate-cut prospects
⭐️Personal comments NOVA:
Gold prices continue to accumulate below 3400, according to experts expecting GDP data to support DXY. This could contribute to putting pressure on gold prices.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3428- 3430 SL 3435
TP1: $3418
TP2: $3407
TP3: $3392
🔥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 SELL 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) dips during Thursday’s Asian session, pulling back from a three-week high near $3,400 as the US Dollar rebounds and traders book profits. Ongoing concerns over Fed independence, following President Trump’s removal of Governor Lisa Cook, lend some support to the safe-haven metal.
Markets now await the second estimate of US Q2 GDP, expected at 3.1%. A stronger print could boost the Greenback and pressure Gold, while focus will shift to Friday’s PCE inflation data for clues on Fed rate-cut prospects
⭐️Personal comments NOVA:
Gold prices continue to accumulate below 3400, according to experts expecting GDP data to support DXY. This could contribute to putting pressure on gold prices.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3428- 3430 SL 3435
TP1: $3418
TP2: $3407
TP3: $3392
🔥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 SELL 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.