PCE keeps gold stable above $2300
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) struggles to grow from a recent bounce, meeting new supply in Friday's Asian session. A resurgent US Dollar (USD) reaching a two-month high is hindering the commodity's progress. However, potential Federal Reserve interest rate cuts and geopolitical uncertainties in the Middle East and Russia-Ukraine provide support for the safe-haven XAU/USD.
⭐️Personal comments NOVA:
Gold price is still accumulating at the end of June 2024, sideway around $2300 - $2340
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2304 - $2302 SL $2297
TP1: $2310
TP2: $2320
TP3: $2330
🔥SELL GOLD zone: $2340 - $2342 SL $2347
TP1: $2330
TP2: $2320
TP3: $2310
⭐️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) struggles to grow from a recent bounce, meeting new supply in Friday's Asian session. A resurgent US Dollar (USD) reaching a two-month high is hindering the commodity's progress. However, potential Federal Reserve interest rate cuts and geopolitical uncertainties in the Middle East and Russia-Ukraine provide support for the safe-haven XAU/USD.
⭐️Personal comments NOVA:
Gold price is still accumulating at the end of June 2024, sideway around $2300 - $2340
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2304 - $2302 SL $2297
TP1: $2310
TP2: $2320
TP3: $2330
🔥SELL GOLD zone: $2340 - $2342 SL $2347
TP1: $2330
TP2: $2320
TP3: $2310
⭐️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 traded around 2320-2330 during the Asian session on FridayNote
Gold price rises above 2330 in European sessionNote
Gold prices continue to rise thanks to good PCE data for GoldNote
+ 40 pips, signal PLAN DAY SELL zone 2340-2342Note
+ 120 pips , signal PLAN DAY SELL zone 2340-2342Note
+ 150 pips, signal PLAN DAY XAU ZONE 2340-2342
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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