⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) pulls back slightly from its intraday peak near a two-week high reached during Tuesday’s Asian session, but remains firm around the $3,360 mark, extending its winning streak for a second day. Improved US economic data has helped temper recession fears, offering modest support to the US Dollar. Meanwhile, signs of a potential thaw in US-China trade tensions have curbed safe-haven demand for gold, prompting some investors to adopt a wait-and-see approach ahead of the highly anticipated two-day FOMC policy meeting.
⭐️Personal comments NOVA:
Bulls regain the upper hand, uptrend nears 3400 ahead of market interest rate cut expectations
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3418- 3420 SL 3425
TP1: $3410
TP2: $3400
TP3: $3385
🔥BUY GOLD zone: $3323 - $3321 SL $3316
TP1: $3330
TP2: $3340
TP3: $3358
⭐️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) pulls back slightly from its intraday peak near a two-week high reached during Tuesday’s Asian session, but remains firm around the $3,360 mark, extending its winning streak for a second day. Improved US economic data has helped temper recession fears, offering modest support to the US Dollar. Meanwhile, signs of a potential thaw in US-China trade tensions have curbed safe-haven demand for gold, prompting some investors to adopt a wait-and-see approach ahead of the highly anticipated two-day FOMC policy meeting.
⭐️Personal comments NOVA:
Bulls regain the upper hand, uptrend nears 3400 ahead of market interest rate cut expectations
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3418- 3420 SL 3425
TP1: $3410
TP2: $3400
TP3: $3385
🔥BUY GOLD zone: $3323 - $3321 SL $3316
TP1: $3330
TP2: $3340
TP3: $3358
⭐️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 price accumulates the trend of increasing today on the 3380 landmark
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.