⭐️GOLDEN INFORMATION:
Gold (XAU/USD) fluctuates within a narrow range during the Asian session on Wednesday, showing only modest gains and losses as traders tread carefully ahead of the Federal Reserve’s policy announcement. The metal’s recent rebound from the $3,300 area faces hesitation, with investors awaiting clearer signals on the Fed’s rate-cut trajectory before committing to new positions. As such, attention remains firmly on the outcome of the two-day FOMC meeting, set to be released later today.
In the meantime, pre-Fed uncertainty is lending some support to the safe-haven appeal of gold. Additionally, a slight pullback in the U.S. Dollar—after hitting its highest level since June 23 on Tuesday—is providing a mild lift to the metal. However, expectations that the Fed will maintain elevated interest rates for an extended period are limiting the dollar’s decline and capping upside potential for the non-yielding yellow metal. Adding to the cautious mood, recent optimism on global trade also tempers bullish momentum in XAU/USD.
⭐️Personal comments NOVA:
slight recovery, not big before FOMC news. Gold price will still be under selling pressure when interest rate stays at 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3373- 3375 SL 3380
TP1: $3360
TP2: $3344
TP3: $3330
🔥BUY GOLD zone: $3283-$3281 SL $3276
TP1: $3295
TP2: $3307
TP3: $3320
⭐️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) fluctuates within a narrow range during the Asian session on Wednesday, showing only modest gains and losses as traders tread carefully ahead of the Federal Reserve’s policy announcement. The metal’s recent rebound from the $3,300 area faces hesitation, with investors awaiting clearer signals on the Fed’s rate-cut trajectory before committing to new positions. As such, attention remains firmly on the outcome of the two-day FOMC meeting, set to be released later today.
In the meantime, pre-Fed uncertainty is lending some support to the safe-haven appeal of gold. Additionally, a slight pullback in the U.S. Dollar—after hitting its highest level since June 23 on Tuesday—is providing a mild lift to the metal. However, expectations that the Fed will maintain elevated interest rates for an extended period are limiting the dollar’s decline and capping upside potential for the non-yielding yellow metal. Adding to the cautious mood, recent optimism on global trade also tempers bullish momentum in XAU/USD.
⭐️Personal comments NOVA:
slight recovery, not big before FOMC news. Gold price will still be under selling pressure when interest rate stays at 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3373- 3375 SL 3380
TP1: $3360
TP2: $3344
TP3: $3330
🔥BUY GOLD zone: $3283-$3281 SL $3276
TP1: $3295
TP2: $3307
TP3: $3320
⭐️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
Trade active
Sideway around 3332 , gold 
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.