GOLD prices slightly extended its gains and successfully continued a third day of gains. GOLD hovers around 1,900$ during the Asian session on Wednesday, showing signs of recovery from four consecutive weeks of losses despite a firmer US Dollar (USD).
However, a stronger recovery is unlikely at the moment. The Relative Strength Index (RSI) indicator remains near the oversold level, indicating a fairly low level of buying interest.
Note
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 - The winner is the one who sticks with the market the longest
Note
SELL XAUUSD zone 1910 - 1913
Stoploss : 1925
Take Profit 1 : 1905 Take Profit 2 : 1900 Take Profit 3 : 1895
Note
Today we will have PMI news. To get the best signal, please wait and win the market with Nova✅✅✅
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.