Scalping XAU! 19/1/24 Strong selling resistance zone

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The US-led coalition is still engaged in conflicts with the Iran-backed Houthi faction in the Red Sea, which is contributing to the stability of the Comex Gold price as the US Dollar remains subdued. On Thursday, Houthi rebels in Yemen fired two ballistic missiles at a tanker ship owned by the US and operated by Greece. In response, the US conducted its fifth attack against Houthi targets.

⭐️Personal comments NOVA:
set up signal SELL XAU, resistance zone along with US economic data expected to be good for USD bad for XAU

⭐️SET UP GOLD PRICE:


🔥SELL GOLD zone: $2033 - $2035 SL $2040
TP1: $2025
TP2: $2017
TP3: $2002


⭐️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

Kommentera:

+ 45 pips, signal SELL 2033-2035