Gold continues downtrend at the end of 2024
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) remains steady near $2,610 in the early Asian session on Tuesday, with trading subdued as markets anticipate a quieter pace ahead of the holiday week. Investors are keeping an eye on the US Richmond Fed Manufacturing Index for December, set to be released later in the day.
⭐️Personal comments NOVA:
Gold sideways in 2 H1 trendlines - downtrend is dominant. At the end of the year, there will be a lack of trading liquidity, not many big fluctuations.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2627 - $2629 SL $2634
TP1: $2620
TP2: $2610
TP3: $2600
🔥BUY GOLD zone: $2604 - $2602 SL $2597
TP1: $2610
TP2: $2618
TP3: $2627
⭐️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
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) remains steady near $2,610 in the early Asian session on Tuesday, with trading subdued as markets anticipate a quieter pace ahead of the holiday week. Investors are keeping an eye on the US Richmond Fed Manufacturing Index for December, set to be released later in the day.
⭐️Personal comments NOVA:
Gold sideways in 2 H1 trendlines - downtrend is dominant. At the end of the year, there will be a lack of trading liquidity, not many big fluctuations.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2627 - $2629 SL $2634
TP1: $2620
TP2: $2610
TP3: $2600
🔥BUY GOLD zone: $2604 - $2602 SL $2597
TP1: $2610
TP2: $2618
TP3: $2627
⭐️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
The market continued to maintain the sideways price range during the US session
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.