Short term bearish H1 - bears will continue to push price up
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The US Dollar climbs to its highest level in over a week as expectations grow that Trump's protectionist policies could drive inflation higher, pushing the Federal Reserve to maintain its hawkish stance and keep interest rates unchanged.
A stronger USD, coupled with overbought conditions on the daily chart, leads to some profit-taking on XAU/USD as traders adjust positions ahead of Fed Chair Jerome Powell's congressional testimony.
⭐️Personal comments NOVA:
In the context of current world trade tensions, gold continues its upward trend, possibly above $3000 in February 2025.
⭐️SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2929 - $2931 SL $2934
TP1: $2925
TP2: $2920
TP3: $2915
⭐️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
⭐️GOLDEN INFORMATION:
The US Dollar climbs to its highest level in over a week as expectations grow that Trump's protectionist policies could drive inflation higher, pushing the Federal Reserve to maintain its hawkish stance and keep interest rates unchanged.
A stronger USD, coupled with overbought conditions on the daily chart, leads to some profit-taking on XAU/USD as traders adjust positions ahead of Fed Chair Jerome Powell's congressional testimony.
⭐️Personal comments NOVA:
In the context of current world trade tensions, gold continues its upward trend, possibly above $3000 in February 2025.
⭐️SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2929 - $2931 SL $2934
TP1: $2925
TP2: $2920
TP3: $2915
⭐️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
Trade active
Gold adjusted reduced, below 2900
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.