Short recovery for Gold !! zone $2350
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rises during Asian session, reaching over one-week high around $2,338. US macro data suggests easing inflation and a slowing economy, leading to speculation of two interest rate cuts by the Federal Reserve (Fed) this year. Expectations keep the US Dollar (USD) near weekly low, supporting gold as a commodity.
⭐️Personal comments NOVA:
Gold price sideways, moving within the 2300 - 2350 range, expecting a recovery close to the $2350 price range and then adjusting again without too much important economic data.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2306 - $2304 SL $2298
TP1: $2315
TP2: $2322
TP3: $2330
🔥SELL GOLD zone: $2353 - $2355 SL $2360
TP1: $2345
TP2: $2338
TP3: $2330
⭐️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:
Gold price (XAU/USD) rises during Asian session, reaching over one-week high around $2,338. US macro data suggests easing inflation and a slowing economy, leading to speculation of two interest rate cuts by the Federal Reserve (Fed) this year. Expectations keep the US Dollar (USD) near weekly low, supporting gold as a commodity.
⭐️Personal comments NOVA:
Gold price sideways, moving within the 2300 - 2350 range, expecting a recovery close to the $2350 price range and then adjusting again without too much important economic data.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2306 - $2304 SL $2298
TP1: $2315
TP2: $2322
TP3: $2330
🔥SELL GOLD zone: $2353 - $2355 SL $2360
TP1: $2345
TP2: $2338
TP3: $2330
⭐️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 increased to 2340 areaNote
Gold price breaks through the 2340 zone, the opportunity to reach the 2350 zone is greatNote
Gold price decreased during the European session - in the 2330 -2340 rangeNote
Gold price increased again to 2340 before today's unemployment newsNote
+ 30 pips , signal PLAN DAY SELL 2353-2355Note
Gold price increased strongly, breaking 2350, the uptrend is dominantNote
Gold price sideways above 2350 and waiting for the last trading session of the week tomorrow
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.