The bears resisted fiercely! XAU adjustment
Uppdaterad
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) are rising due to a weaker US Dollar amidst speculation that the US Federal Reserve may cut interest rates in September following weak employment data. Political uncertainties in France and Middle Eastern tensions could further drive up Gold, a traditional safe-haven asset.
⭐️Personal comments NOVA:
Gold's Monday price correction shows resistance from sellers and bears ahead of today's FED meeting. Gold price is still in a long-term price increase range
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2341 - $2343 SL $2336
TP1: $2350
TP2: $2365
TP3: $2380
🔥SELL GOLD zone: $2370 - $2372 SL $2377
TP1: $2360
TP2: $2350
TP3: $2340
⭐️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 prices (XAU/USD) are rising due to a weaker US Dollar amidst speculation that the US Federal Reserve may cut interest rates in September following weak employment data. Political uncertainties in France and Middle Eastern tensions could further drive up Gold, a traditional safe-haven asset.
⭐️Personal comments NOVA:
Gold's Monday price correction shows resistance from sellers and bears ahead of today's FED meeting. Gold price is still in a long-term price increase range
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2341 - $2343 SL $2336
TP1: $2350
TP2: $2365
TP3: $2380
🔥SELL GOLD zone: $2370 - $2372 SL $2377
TP1: $2360
TP2: $2350
TP3: $2340
⭐️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
Gold price is still sideways around the 2360-2370 areaKommentera
Gold price decreased after passing the European session below 2360. Miss entry SELL 2370-2372 plan dayKommentera
In the US session, gold prices wait for information about the FED meetingKommentera
+ 60 pips , signal SELL PLAN DAY 2370-2372Kommentera
+ 140 pips , sell PLAN DAY 2370-2372Kommentera
+ 160 pips , PLAN DAY sell 2370-2372Kommentera
Gold price dropped to the lowest at 2350. Plan day SELL 2370-2372 has 210 pips. DOWN adjustment is almost complete
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
Related publications
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.