⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) came under renewed selling pressure during the Asian session on Friday, retreating below the $3,300 level after a lackluster performance the previous day. The precious metal is edging closer to the two-week low seen on Tuesday, as investors await the release of the US Personal Consumption Expenditures (PCE) Price Index. This key inflation gauge is expected to offer fresh insight into the Federal Reserve’s policy outlook and could significantly influence US Dollar (USD) movements—ultimately shaping the near-term trajectory of the non-yielding yellow metal.
⭐️Personal comments NOVA:
Selling pressure at the end of the week caused gold prices to fall below 3300, maintaining selling pressure and falling today
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3326- 3328 SL 3333
TP1: $3315
TP2: $3302
TP3: $3290
🔥BUY GOLD zone: $3248-$3250 SL $3243
TP1: $3260
TP2: $3270
TP3: $3280
⭐️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 prices (XAU/USD) came under renewed selling pressure during the Asian session on Friday, retreating below the $3,300 level after a lackluster performance the previous day. The precious metal is edging closer to the two-week low seen on Tuesday, as investors await the release of the US Personal Consumption Expenditures (PCE) Price Index. This key inflation gauge is expected to offer fresh insight into the Federal Reserve’s policy outlook and could significantly influence US Dollar (USD) movements—ultimately shaping the near-term trajectory of the non-yielding yellow metal.
⭐️Personal comments NOVA:
Selling pressure at the end of the week caused gold prices to fall below 3300, maintaining selling pressure and falling today
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3326- 3328 SL 3333
TP1: $3315
TP2: $3302
TP3: $3290
🔥BUY GOLD zone: $3248-$3250 SL $3243
TP1: $3260
TP2: $3270
TP3: $3280
⭐️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.