Gold price is in an increasing trend!! XAU
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is attracting some buying interest for the fourth consecutive day on Thursday and is moving closer to a two-week high around the $2,056 level reached the previous day. The US Dollar (USD) is struggling to take advantage of the rebound after the Federal Open Market Committee (FOMC) meeting, as US Treasury bond yields continue to decline. Additionally, ongoing geopolitical tensions in the Middle East and China's economic challenges are providing support to the safe-haven commodity. However, the Federal Reserve's less dovish stance on interest rates may limit the gains in gold.
Investors are now focusing on Thursday's busy economic calendar, which includes the release of flash Eurozone consumer inflation data and the US ISM Manufacturing PMI, for potential market-moving events. Furthermore, the monetary policy decision from the Bank of England (BoE) could introduce volatility into the markets. Factors such as US bond yields, the movement of the US Dollar, and overall risk sentiment will also play a role in creating short-term trading opportunities in the gold market. Following these events, attention will shift towards the highly anticipated US monthly employment report.
⭐️Personal comments NOVA:
Gold prices continue to be in a long-term uptrend, with selling pressure following the result that interest rates will not be reduced in March, but war tensions in the world are still supporting Gold.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2017 SL $2008
TP1: $2022
TP2: $2030
TP3: $2040
🔥BUY GOLD zone: $2039 - $2041 SL $2036 Scalping
TP1: $2044
TP2: $2048
TP3: $2053
🔥SELL GOLD zone: $2058 - $2060 SL $2065
TP1: $2053
TP2: $2048
TP3: $2040
⭐️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
- The winner is the one who sticks with the market the longest
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is attracting some buying interest for the fourth consecutive day on Thursday and is moving closer to a two-week high around the $2,056 level reached the previous day. The US Dollar (USD) is struggling to take advantage of the rebound after the Federal Open Market Committee (FOMC) meeting, as US Treasury bond yields continue to decline. Additionally, ongoing geopolitical tensions in the Middle East and China's economic challenges are providing support to the safe-haven commodity. However, the Federal Reserve's less dovish stance on interest rates may limit the gains in gold.
Investors are now focusing on Thursday's busy economic calendar, which includes the release of flash Eurozone consumer inflation data and the US ISM Manufacturing PMI, for potential market-moving events. Furthermore, the monetary policy decision from the Bank of England (BoE) could introduce volatility into the markets. Factors such as US bond yields, the movement of the US Dollar, and overall risk sentiment will also play a role in creating short-term trading opportunities in the gold market. Following these events, attention will shift towards the highly anticipated US monthly employment report.
⭐️Personal comments NOVA:
Gold prices continue to be in a long-term uptrend, with selling pressure following the result that interest rates will not be reduced in March, but war tensions in the world are still supporting Gold.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2017 SL $2008
TP1: $2022
TP2: $2030
TP3: $2040
🔥BUY GOLD zone: $2039 - $2041 SL $2036 Scalping
TP1: $2044
TP2: $2048
TP3: $2053
🔥SELL GOLD zone: $2058 - $2060 SL $2065
TP1: $2053
TP2: $2048
TP3: $2040
⭐️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
- The winner is the one who sticks with the market the longest
Note
Gold price adjusted slightly downward during the European session, waiting for the signal of daily Scalping planNote
The price is moving towards the support zone Scalping Plan day BUY 2039-2041Note
+ 30 pips , signal scalping PLAN DAY, buy 2039-2041Note
Gold prices increased sharply after bad news for the Dollar, reaching the area above $2050Note
+ 35 pips, signal PLAN DAY SELL 2058-2060Note
Gold price does not surpass the big selling zone, falls to the 2050-2060 area, sideways and accumulates more
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
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