Sideway waits for economic data this week ! XAU
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) is consolidating its recent rally to the $2,200 neighborhood, reaching a fresh record high on Friday. The spike in the US unemployment rate has increased expectations for interest rate cuts by the Federal Reserve (Fed). As a result, US Treasury bond yields remain low, hindering the US Dollar's recovery and providing support for gold.
⭐️Personal comments NOVA:
Gold price continues its upward trend to create a new peak, Monday trading session shows signs of sideway accumulation waiting for important data during the week, expecting corrections DOWN
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2157 - $2155 SL $2150
TP1: $2162
TP2: $2170
TP3: $2180
Maybe scalping BUY zone $2162 - $2164
🔥SELL GOLD zone: $2198 - $2200 SL $2205
TP1: $2190
TP2: $2180
TP3: $2170
⭐️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:
Gold price (XAU/USD) is consolidating its recent rally to the $2,200 neighborhood, reaching a fresh record high on Friday. The spike in the US unemployment rate has increased expectations for interest rate cuts by the Federal Reserve (Fed). As a result, US Treasury bond yields remain low, hindering the US Dollar's recovery and providing support for gold.
⭐️Personal comments NOVA:
Gold price continues its upward trend to create a new peak, Monday trading session shows signs of sideway accumulation waiting for important data during the week, expecting corrections DOWN
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2157 - $2155 SL $2150
TP1: $2162
TP2: $2170
TP3: $2180
Maybe scalping BUY zone $2162 - $2164
🔥SELL GOLD zone: $2198 - $2200 SL $2205
TP1: $2190
TP2: $2180
TP3: $2170
⭐️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
Gold price is adjusting slightly, below $2,180, waiting for inflation dataNote
Gold price is still sideways around 2180, with a narrow rangeNote
Gold prices are in the most exciting phase of the market, sideways may continue to break the peak during the week
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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