⭐️GOLDEN INFORMATION:
Gold (XAU/USD) holds in positive territory near $4,205 in early Asian trading on Monday, supported by expectations of a Fed rate cut at Wednesday’s December meeting.
Although inflation remains above the 2% target, signs of a cooling labor market have strengthened the case for a quarter-point cut to support economic activity. Lower rates reduce the opportunity cost of holding non-yielding gold, helping keep the metal supported.
⭐️Personal comments NOVA:
Gold price maintains accumulation - stable around 4200. Market psychology waiting for big fluctuations this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 4250 - 4252 SL 4257
TP1: $4240
TP2: $4230
TP3: $4215
🔥BUY GOLD zone: 4170 - 4168 SL 4163
TP1: $4180
TP2: $4190
TP3: $4200
⭐️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
Gold (XAU/USD) holds in positive territory near $4,205 in early Asian trading on Monday, supported by expectations of a Fed rate cut at Wednesday’s December meeting.
Although inflation remains above the 2% target, signs of a cooling labor market have strengthened the case for a quarter-point cut to support economic activity. Lower rates reduce the opportunity cost of holding non-yielding gold, helping keep the metal supported.
⭐️Personal comments NOVA:
Gold price maintains accumulation - stable around 4200. Market psychology waiting for big fluctuations this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 4250 - 4252 SL 4257
TP1: $4240
TP2: $4230
TP3: $4215
🔥BUY GOLD zone: 4170 - 4168 SL 4163
TP1: $4180
TP2: $4190
TP3: $4200
⭐️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
Trade attivo
gold continue sideway above 4200 
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
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
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
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.