⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) saw slight losses on Monday as investors paused after the recent record high, waiting for more clarity on the Federal Reserve's (Fed) policy plans. Attention is now on the release of the July FOMC meeting minutes on Wednesday and Fed Chair Jerome Powell's speech at the Jackson Hole Symposium on Friday. His comments will be key in guiding expectations for future interest rate cuts, which will influence the US Dollar (USD) and gold's next move.
Meanwhile, the growing belief that the Fed will start easing rates in September, due to signs of cooling inflation, has pushed the USD Index (DXY) to its lowest level since January. Ongoing geopolitical tensions in the Middle East and the Russia-Ukraine war continue to support gold. However, a positive market sentiment and hopes for a Gaza ceasefire may limit significant gains for XAU/USD. Despite this, the overall outlook favors bulls, with any significant dip likely seen as a buying opportunity.
⭐️Personal comments NOVA:
Gold price is currently sideways around $2500, accumulating waiting for FOMC interest rate information on Wednesday. Still supporting the Uptrend
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2478 - $2480 SL $2473
TP1: $2495
TP2: $2510
TP3: $2530
🔥SELL GOLD zone: $2530 - $2532 SL $2537
TP1: $2520
TP2: $2510
TP3: $2500
⭐️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 prices (XAU/USD) saw slight losses on Monday as investors paused after the recent record high, waiting for more clarity on the Federal Reserve's (Fed) policy plans. Attention is now on the release of the July FOMC meeting minutes on Wednesday and Fed Chair Jerome Powell's speech at the Jackson Hole Symposium on Friday. His comments will be key in guiding expectations for future interest rate cuts, which will influence the US Dollar (USD) and gold's next move.
Meanwhile, the growing belief that the Fed will start easing rates in September, due to signs of cooling inflation, has pushed the USD Index (DXY) to its lowest level since January. Ongoing geopolitical tensions in the Middle East and the Russia-Ukraine war continue to support gold. However, a positive market sentiment and hopes for a Gaza ceasefire may limit significant gains for XAU/USD. Despite this, the overall outlook favors bulls, with any significant dip likely seen as a buying opportunity.
⭐️Personal comments NOVA:
Gold price is currently sideways around $2500, accumulating waiting for FOMC interest rate information on Wednesday. Still supporting the Uptrend
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2478 - $2480 SL $2473
TP1: $2495
TP2: $2510
TP3: $2530
🔥SELL GOLD zone: $2530 - $2532 SL $2537
TP1: $2520
TP2: $2510
TP3: $2500
⭐️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
Trade active
Gold price moves accurately PLAN today, sideways around 2500-2510
Trade active
Gold price continues to touch new ATH today: 2523 - wait for PLAN DAY SELLTrade active
Gold price created ATH - and is still increasing, approaching the 2530 price rangeTrade active
+ 30 pips, PLAN DAY SELL 2530-2532 Trade active
+ 120 pips , PLAN DAY SELL 2530-2532 , amazingTrade active
+ 240 pips , signal PLAN DAY SELL 2530-2532 Trade active
+ 310 pips, amazing SIGNAL PLAN DAY SELL 2530-2532 Trade active
New ATH for Gold - bearish correction around 2510 areaTrade active
update signal and trend : 8/21/2024
SET UP GOLD PRICE:
BUY GOLD zone: $2485 - $2487 SL $2480
TP1: $2495
TP2: $2503
TP3: $2510
SELL GOLD zone: $2533 - $2535 SL $2540
TP1: $2520
TP2: $2505
TP3: $2480
Trade active
Prices decreased to the 2493 area before the FOMC, then suddenly increased again. Seems to miss PLAN DAY BUY 2487-2485Trade active
update plan day 8/22/2024
SET UP GOLD PRICE:
BUY GOLD zone: $2477 - $2475 SL $2470
TP1: $2485
TP2: $2500
TP3: $2510
SELL GOLD zone: $2510 - $2512 SL $2516 scalping
TP1: $2505
TP2: $2500
TP3: $2490
SELL GOLD zone: $2550 - $2552 SL $2557
TP1: $2540
TP2: $2530
TP3: $2520
Trade active
update signal PLAN DAY : 8 / 22 /2024
SELL 2510-2512 has 70 pips , great
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.