XAU - monday sideway! Scalping follows the downtrend
SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Last week's US Consumer Price Index (CPI) and Producer Price Index (PPI) reports strengthened expectations that the Federal Reserve (Fed) will ease its rate cuts at a slower pace next year.
On Friday, the benchmark 10-year US Treasury yield climbed to a three-week high, reflecting market bets on a less dovish Fed stance, which could limit gains for the non-yielding gold.
Looking ahead, Monday's release of global flash PMI data may shape broader market sentiment and potentially impact demand for the safe-haven precious metal.
⭐️Personal comments NOVA:
Gold price is slow on the first trading day of the new week, around the 2650 area.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2662 - $2664 SL $2667 scalping
TP1: $2657
TP2: $2650
TP3: $2640
⭐️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
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Last week's US Consumer Price Index (CPI) and Producer Price Index (PPI) reports strengthened expectations that the Federal Reserve (Fed) will ease its rate cuts at a slower pace next year.
On Friday, the benchmark 10-year US Treasury yield climbed to a three-week high, reflecting market bets on a less dovish Fed stance, which could limit gains for the non-yielding gold.
Looking ahead, Monday's release of global flash PMI data may shape broader market sentiment and potentially impact demand for the safe-haven precious metal.
⭐️Personal comments NOVA:
Gold price is slow on the first trading day of the new week, around the 2650 area.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2662 - $2664 SL $2667 scalping
TP1: $2657
TP2: $2650
TP3: $2640
⭐️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
+ 70 pips , nice signal SCALPING SELL 2662-2664 Trade closed: target reached
+ 150 pips , signal SELL 2662-2664 , amazing 
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.