Wait for today's Gold price trend with PMI news
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
During Tuesday's trading session, the price of Gold (XAU/USD) reached $2,030, indicating a gain of 0.43%. This comes after a notable 2% loss last week, as the bears take a pause. The daily chart suggests a neutral-to-bearish sentiment, while the four-hour indicators show a slight inclination towards the upside, hinting at a potential shift in momentum.
From a fundamental standpoint, strong economic data in the United States and hawkish sentiments from the Federal Reserve (Fed) have resulted in significant selling of metals. This has raised doubts about the possibility of a future rate-cutting cycle by the Fed. As a result, the upside potential for gold is limited, as rising US yields, which are often considered the cost of holding non-yielding metals, are causing concerns.
⭐️Personal comments NOVA:
Accumulated price, sideway disputes price range $2030-$2020. Today's PMI news may determine the Gold price trend this week, breaking out of the above zone
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2002 - $2005 SL $1995
TP1: $2012
TP2: $2016
TP3: $2020
Pay attention to the BUY2019 and SELL2038 break zones, which can be used for scalping in the Asian and EUR sessions.
🔥SELL GOLD zone: $2053 - $2055 SL $2062
TP1: $2048
TP2: $2040
TP3: $2030
⭐️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:
During Tuesday's trading session, the price of Gold (XAU/USD) reached $2,030, indicating a gain of 0.43%. This comes after a notable 2% loss last week, as the bears take a pause. The daily chart suggests a neutral-to-bearish sentiment, while the four-hour indicators show a slight inclination towards the upside, hinting at a potential shift in momentum.
From a fundamental standpoint, strong economic data in the United States and hawkish sentiments from the Federal Reserve (Fed) have resulted in significant selling of metals. This has raised doubts about the possibility of a future rate-cutting cycle by the Fed. As a result, the upside potential for gold is limited, as rising US yields, which are often considered the cost of holding non-yielding metals, are causing concerns.
⭐️Personal comments NOVA:
Accumulated price, sideway disputes price range $2030-$2020. Today's PMI news may determine the Gold price trend this week, breaking out of the above zone
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2002 - $2005 SL $1995
TP1: $2012
TP2: $2016
TP3: $2020
Pay attention to the BUY2019 and SELL2038 break zones, which can be used for scalping in the Asian and EUR sessions.
🔥SELL GOLD zone: $2053 - $2055 SL $2062
TP1: $2048
TP2: $2040
TP3: $2030
⭐️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 prices are decreasing slightly during the Asian trading session, currently trading around the 2020 zoneNote
+ 40 pips from entry DrawingNote
+ 85 pips for entry BUY 2023-2025 plan day drawingNote
+ 100 pips , amazing signal entry BUY plan day drawingNote
Gold price increased before PMI news but has not yet surpassed the 2038 resistance area. Waiting for PMI news to determine the trendNote
With previous predictions about Gold prices.Nova's accuracy is 100%
Results > 47.6 good for dollar > Gold falls
Note
+ 50 pips , signal BUY scalping 2019Note
Gold price breaks through the 2019 zone, will continue to trade below the 2019 zone and decrease further
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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