Support zone ! scalping BUY XAU ! 2644

Обновлено
SCALPING XAU / USD

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) pulls back from a one-and-a-half-week high reached earlier on Wednesday, slipping to a fresh daily low below $2,630 as the European session approaches. A notable rise in US Treasury yields, driven by expectations of a more cautious easing approach from the Federal Reserve (Fed), boosts demand for the US Dollar (USD) and weighs on the non-yielding precious metal.

Additionally, the upbeat sentiment in equity markets diverts flows away from safe-haven assets like Gold, halting its two-day winning streak. However, escalating tensions in the Russia-Ukraine conflict may continue to provide some support for Gold and could limit further losses, urging caution before making new bearish bets.

⭐️Personal comments NOVA:
Support zone M15 , set up scalping BUY - Price recovered back to 2644

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2624 - $2622 SL $2619
TP1: $2630
TP2: $2636
TP3: $2645


⭐️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
Сделка активна
The BUY trend is great - gold price increased sharply to the 2650 area
Beyond Technical AnalysisbuygoldbuytradebuyxaugoldtradeTechnical IndicatorslonggoldlongsignallongxauTrend Analysisxauusdbuyxauusdsignal

Dear My Friends,

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✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.

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