Big market fluctuations at the end of the year
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) experienced a significant reversal during Monday's trading session, dropping by approximately $125 after initially surging to a new record high around the $2,144-2,145 range. However, the sharp decline halted near the $2,020 level as investors increasingly acknowledged that interest rates in the United States (US) have reached their peak. Additionally, market participants have been factoring in the possibility of a more accommodative stance from the Federal Reserve (Fed) and an increased likelihood of a rate cut by March 2024.
⭐️Personal comments NOVA:
After Monday's crazy trading session. Prices have decreased around the 2020-2050 region. At the end of the year, Gold has large and erratic fluctuations.
There will be short-term Scalping signals before Gold stabilizes and has a clear upcoming trend
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1995 - $1997 SL $1990
TP1: $2010
TP2: $2020
TP3: $2032
🔥SELL GOLD zone: $2073 - $2075 SL $2083
TP1: $2065
TP2: $2055
TP3: $2047
⭐️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) experienced a significant reversal during Monday's trading session, dropping by approximately $125 after initially surging to a new record high around the $2,144-2,145 range. However, the sharp decline halted near the $2,020 level as investors increasingly acknowledged that interest rates in the United States (US) have reached their peak. Additionally, market participants have been factoring in the possibility of a more accommodative stance from the Federal Reserve (Fed) and an increased likelihood of a rate cut by March 2024.
⭐️Personal comments NOVA:
After Monday's crazy trading session. Prices have decreased around the 2020-2050 region. At the end of the year, Gold has large and erratic fluctuations.
There will be short-term Scalping signals before Gold stabilizes and has a clear upcoming trend
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1995 - $1997 SL $1990
TP1: $2010
TP2: $2020
TP3: $2032
🔥SELL GOLD zone: $2073 - $2075 SL $2083
TP1: $2065
TP2: $2055
TP3: $2047
⭐️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
The price is still following the downward adjustment trend. Waiting for important economic news todayNote
Gold prices continue to adjust to the 2020 area. Trading volume around this area is starting to get larger
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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