Bank holiday! Slowly today XAU
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The recovery in the price of gold (XAU/USD) has lost its momentum after pulling back from $2,006 earlier in the Asian session on Thursday. The positive US consumer sentiment report has led to an increase in US Treasury yields and a stronger US Dollar, which has attracted some sellers of the yellow metal. Market activity remains subdued as the United States prepares for the Thanksgiving Day holiday on Thursday. Currently, the price of gold is trading around $1,990, showing a slight increase of 0.02% for the day.
At the same time, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is hovering around 103.88. The yields on US Treasury bonds are also rising, with the 10-year yields climbing by 4.40%. This upward movement in yields puts pressure on gold as investors see US Treasury yields as a more attractive investment compared to non-yielding metals.
⭐️Personal comments NOVA:
Today is BANK holiday in the US market. There will not be much fluctuation today, the price is mostly sideways and in a cumulative correction
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1980 - $1982 SL $1977 Scalping
TP1: $1985
TP2: $1988
TP3: $1991
🔥BUY GOLD zone: $1968 - $1970 SL $1960
TP1: $1980
TP2: $1988
TP3: $1995
🔥SELL GOLD zone: $1994 - $1997 SL $2001
TP1: $1988
TP2: $1975
TP3: $1968
⭐️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
- The winner is the one who sticks with the market the longest
⭐️GOLDEN INFORMATION:
The recovery in the price of gold (XAU/USD) has lost its momentum after pulling back from $2,006 earlier in the Asian session on Thursday. The positive US consumer sentiment report has led to an increase in US Treasury yields and a stronger US Dollar, which has attracted some sellers of the yellow metal. Market activity remains subdued as the United States prepares for the Thanksgiving Day holiday on Thursday. Currently, the price of gold is trading around $1,990, showing a slight increase of 0.02% for the day.
At the same time, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is hovering around 103.88. The yields on US Treasury bonds are also rising, with the 10-year yields climbing by 4.40%. This upward movement in yields puts pressure on gold as investors see US Treasury yields as a more attractive investment compared to non-yielding metals.
⭐️Personal comments NOVA:
Today is BANK holiday in the US market. There will not be much fluctuation today, the price is mostly sideways and in a cumulative correction
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1980 - $1982 SL $1977 Scalping
TP1: $1985
TP2: $1988
TP3: $1991
🔥BUY GOLD zone: $1968 - $1970 SL $1960
TP1: $1980
TP2: $1988
TP3: $1995
🔥SELL GOLD zone: $1994 - $1997 SL $2001
TP1: $1988
TP2: $1975
TP3: $1968
⭐️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
- The winner is the one who sticks with the market the longest
Note
+ 25 PIPS , FROM entry SELL 1997Note
+ 35 pips , niceNote
Currently the price is still sideways around the 1995-2000 area, bank holiday so there hasn't been much change in price.Note
+ 45 pips , signal SELL entry 1997Note
Prices continue to sideways around the 1992-1996 area. Bank holiday market in the US is really slow
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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