XAU at the beginning of the week fluctuated too much
Обновлено
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price is up on Monday due to a weaker US dollar. The market is reacting to the recent dovish stance from the FOMC and softer US job report. This, along with low US Treasury bond yields and a weak US dollar, is supporting gold prices. Geopolitical tensions in the Middle East are also boosting gold as a safe-haven asset.
Traders are watching the US ISM Services PMI on Monday for potential market moves. If the Services PMI improves as expected, it could strengthen the US dollar and limit gold's gains.
⭐️Personal comments NOVA:
The volatility at the beginning of the second week was amazing - fluctuating around the large border from 2415 - 2465. Still in the long-term Uptrend, waiting for important resistance and support areas to enter orders.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2419 - $2417 SL $2412
TP1: $2430
TP2: $2445
TP3: $2460
🔥SELL GOLD zone: $2479 - $2481 SL $2486
TP1: $2465
TP2: $2450
TP3: $2430
⭐️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 is up on Monday due to a weaker US dollar. The market is reacting to the recent dovish stance from the FOMC and softer US job report. This, along with low US Treasury bond yields and a weak US dollar, is supporting gold prices. Geopolitical tensions in the Middle East are also boosting gold as a safe-haven asset.
Traders are watching the US ISM Services PMI on Monday for potential market moves. If the Services PMI improves as expected, it could strengthen the US dollar and limit gold's gains.
⭐️Personal comments NOVA:
The volatility at the beginning of the second week was amazing - fluctuating around the large border from 2415 - 2465. Still in the long-term Uptrend, waiting for important resistance and support areas to enter orders.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2419 - $2417 SL $2412
TP1: $2430
TP2: $2445
TP3: $2460
🔥SELL GOLD zone: $2479 - $2481 SL $2486
TP1: $2465
TP2: $2450
TP3: $2430
⭐️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
Заметка
Exact trend - price fell back to the support zone 2420 - 2425 then rebounded strongly above 2440Заметка
+ 70 pips , PLAN DAY BUY 2417-2419 , greatЗаметка
+ 100 pips , BUY plan day 2417- 2419Заметка
Gold prices dropped unexpectedly on Monday, Currently trading around 2360-2370Заметка
Gold price recovered to the 2400 area after the PMI news
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
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