XAU / USD ! Upward price trend awaits ! 4th quarter 2024

för 7 dagar sedan🔔🔔🔔🔔 NOTE

XAU/USD overview: in September 2024

🔥One thing worth noting:
✅7 resistance tests: 2528-2531
✅3 times support testing: 2472-2470

Another very important price zone at the end of 2024. Decide the future trend for Gold

🔥With 7 resistance tests: shows that buyers have the majority - overwhelming. However, it cannot be overcome. NOVA thinks the main reason is because large funds - coordination of countries want to adjust prices to reach ATH at the appropriate time (for example: September interest rate reduction, November US presidential election).

🔥Technical H4 frame: supports a very nice Uptrend

🦋🦋Technical - economic / political combination. To decide the appropriate trend and time


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NEW ATH: 2560 - 2590 - 2650

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⭐️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

för 7 dagar sedan

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Gold price increased slightly, approaching the 2520 price range before today's PPI news

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Gold price increases - huge FOMO ahead of FOMC next week. Positive gold price

för 7 dagar sedan

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Completing the first ATH 2560, the increase is very strong

för 5 dagar sedan

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Almost ATH XAU reached TP 2: 2590 . Anxiously waiting for Fomc next week to see if it can reach 2650 or not