⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) enters a phase of consolidation on Thursday, trading within a narrow range near its all-time high reached during the Asian session, as investors digest conflicting market signals. Stronger-than-expected US Retail Sales figures and hawkish remarks from Federal Reserve (Fed) Chair Jerome Powell have lent support to the US Dollar (USD), curbing some of gold’s upside momentum. Meanwhile, the upbeat sentiment across equity markets and mildly overbought technical conditions are prompting traders to remain cautious, limiting fresh buying interest in the precious metal for now.
⭐️Personal comments NOVA:
Gold price continues to increase today, the fomo still has no end, pay attention to the new ATH price zone 3382
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3381- 3383 SL 3388
TP1: $3370
TP2: $3355
TP3: $3333
🔥BUY GOLD zone: $3302 - $3300 SL $3295
TP1: $3310
TP2: $3320
TP3: $3330
⭐️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 price (XAU/USD) enters a phase of consolidation on Thursday, trading within a narrow range near its all-time high reached during the Asian session, as investors digest conflicting market signals. Stronger-than-expected US Retail Sales figures and hawkish remarks from Federal Reserve (Fed) Chair Jerome Powell have lent support to the US Dollar (USD), curbing some of gold’s upside momentum. Meanwhile, the upbeat sentiment across equity markets and mildly overbought technical conditions are prompting traders to remain cautious, limiting fresh buying interest in the precious metal for now.
⭐️Personal comments NOVA:
Gold price continues to increase today, the fomo still has no end, pay attention to the new ATH price zone 3382
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3381- 3383 SL 3388
TP1: $3370
TP2: $3355
TP3: $3333
🔥BUY GOLD zone: $3302 - $3300 SL $3295
TP1: $3310
TP2: $3320
TP3: $3330
⭐️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
Gold sideway around 3320-3330
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.