Gold's Bull Cycle!! $2300
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) remained within a range during the Asian session on Tuesday. It consolidated its recent gains, reaching an all-time high of around $2,265-2,266. The release of positive US manufacturing data has raised doubts about the Federal Reserve's plans to cut interest rates three times this year. As a result, US Treasury bond yields have increased, pushing the US Dollar (USD) to its highest level since February 14th. This has undermined the value of gold. However, there is still a possibility that the Fed will begin cutting rates in June, along with ongoing geopolitical risks in the Middle East. These factors should help limit losses for gold as a safe-haven asset. It is advisable to wait for significant selling pressure before confirming that XAU/USD has reached its peak in the short term.
⭐️Personal comments NOVA:
Gold prices show that the market's fomo and excitement is huge. Today's news data also supports Gold prices continuing to reach new ATH
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2222 - $2224 SL $2217
TP1: $2230
TP2: $2238
TP3: $2248
🔥SELL GOLD zone: $2278 - $2280 SL $2285
TP1: $2270
TP2: $2260
TP3: $2250
⭐️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:
The price of gold (XAU/USD) remained within a range during the Asian session on Tuesday. It consolidated its recent gains, reaching an all-time high of around $2,265-2,266. The release of positive US manufacturing data has raised doubts about the Federal Reserve's plans to cut interest rates three times this year. As a result, US Treasury bond yields have increased, pushing the US Dollar (USD) to its highest level since February 14th. This has undermined the value of gold. However, there is still a possibility that the Fed will begin cutting rates in June, along with ongoing geopolitical risks in the Middle East. These factors should help limit losses for gold as a safe-haven asset. It is advisable to wait for significant selling pressure before confirming that XAU/USD has reached its peak in the short term.
⭐️Personal comments NOVA:
Gold prices show that the market's fomo and excitement is huge. Today's news data also supports Gold prices continuing to reach new ATH
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2222 - $2224 SL $2217
TP1: $2230
TP2: $2238
TP3: $2248
🔥SELL GOLD zone: $2278 - $2280 SL $2285
TP1: $2270
TP2: $2260
TP3: $2250
⭐️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 steadily above $2,250Note
Gold price increased pressure near the 2265 resistance area, waiting for price reaction hereNote
+ 50 pips, chart resistance 2265 -2267Note
+ 120 pips , chart resistance 2265-2267Note
The data results are lower than expected ( 8,756 M < 8,760 ) bad for the dollar, good for Gold . Gold prices increased to reach all-time highsNote
Signal PLAN DAY SELL 2278-2280 miss 10 pips , Gold price adjustment creates more liquidityNote
Gold price is almost reaching 2300
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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