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XAU correction DOWN - opportunity for $2400

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The US Dollar (USD) strengthens after a recent decline, mainly due to the drop in the Euro currency. This is putting pressure on commodities. Profit-taking and geopolitical tensions may contribute to the downfall of precious metals, but central bank demand should provide some support.

⭐️Personal comments NOVA:
The FOMO from the market has gradually cooled down after much information that the FED will accelerate the process of cutting interest rates by 0.25%. indispensable for stability for the Gold market

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2400 - $2398 SL $2393
TP1: $2408
TP2: $2415
TP3: $2430

🔥BUY GOLD zone: $2415 - $2417 SL $2412 scalping
TP1: $2422
TP2: $2428
TP3: $2435

🔥SELL GOLD zone: $2465 - $2467 SL $2472
TP1: $2455
TP2: $2440
TP3: $2430


⭐️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
Not
+ 25 pips , signal Scalping BUY 2415-2417
Not
+ 50 pips , signal SCALPING BUY 2415-2417
Not
+ 75 pips, signal SCALPING 2415-2417 , great
Not
Gold price moves within the range of 2410-2420 in the European session
Not
+ 20 pips , signal PLAN DAY BUY 2398-2400
Not
+ 85 pips , great . Signal PLAN DAY BUY 2398-2400
Not
Gold price decreased and corrected as expected - sideway around the 2400 resistance area

Feragatname

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