Uptrend continues after FOMC ! XAU ATH
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price struggles to rise despite a small increase earlier, trading just below $2,445, almost unchanged today. Investors are more interested in riskier assets due to expectations of the Fed starting to cut rates soon, leading to a positive stock market and weakening demand for gold.
The Gold price is somewhat supported by a weak US Dollar caused by the Fed's cautious stance. The Fed's hints at a rate cut in September and low US Treasury bond yields are keeping the dollar down. Additionally, tensions in the Middle East are supporting the safe-haven gold.
⭐️Personal comments NOVA:
Gold price after yesterday's FOMC news, benefited from the increase in price from the statement that the move will reduce interest rates as soon as September 2024. Expect a new ATH to continue in 2024
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2422 - $2420 SL $2415
TP1: $2430
TP2: $2440
TP3: $2450
🔥BUY GOLD zone: $2433 - $2431 SL $2427
TP1: $2445
TP2: $2460
TP3: $2480
🔥SELL GOLD zone: $2472 - $2474 SL $2479
TP1: $2465
TP2: $2458
TP3: $2450
⭐️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:
Gold price struggles to rise despite a small increase earlier, trading just below $2,445, almost unchanged today. Investors are more interested in riskier assets due to expectations of the Fed starting to cut rates soon, leading to a positive stock market and weakening demand for gold.
The Gold price is somewhat supported by a weak US Dollar caused by the Fed's cautious stance. The Fed's hints at a rate cut in September and low US Treasury bond yields are keeping the dollar down. Additionally, tensions in the Middle East are supporting the safe-haven gold.
⭐️Personal comments NOVA:
Gold price after yesterday's FOMC news, benefited from the increase in price from the statement that the move will reduce interest rates as soon as September 2024. Expect a new ATH to continue in 2024
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2422 - $2420 SL $2415
TP1: $2430
TP2: $2440
TP3: $2450
🔥BUY GOLD zone: $2433 - $2431 SL $2427
TP1: $2445
TP2: $2460
TP3: $2480
🔥SELL GOLD zone: $2472 - $2474 SL $2479
TP1: $2465
TP2: $2458
TP3: $2450
⭐️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
Not
Gold price is maintaining a fairly high price range above 2440Not
Price is adjusting downward below 2440 - OB zone. Wait for entry BUY plan day 2433-2431Not
+ 30 pips, signal PLAN DAY BUY 2433-2431Not
+ 55 pips , signal PLAN DAY BUY 2433-2431Not
+ 90 pips , signal PLAN DAY BUY 2433-2431Not
+ 190 pips , Plan day BUY 2433-2431Not
+ 265 pips, signal PLAN DAY BUY 2433-2431Not
The 2460 resistance zone became strong - the price fell back to the 2440 zone. Still an area that creates great liquidity for the UptrendNot
Gold price waits for NF today - opportunity for new ATH
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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.