⭐️GOLDEN INFORMATION:
Gold (XAU/USD) consolidates after retreating from record highs above $3,700, reached following the Fed’s dovish rate cut. The central bank signaled two more reductions this year, keeping bullion supported in Thursday’s Asian session. Heightened geopolitical risks from the Russia-Ukraine war and Middle East tensions further underpin safe-haven demand.
At his press conference, Fed Chair Jerome Powell framed the move as a “risk management cut” and downplayed urgency for aggressive easing. This helped the US Dollar (USD) extend its rebound from multi-year lows, capping gold’s upside. Still, the broader backdrop favors bulls, with any dips likely to attract fresh buying
⭐️Personal comments NOVA:
The market started to correct down after reaching ATH 3707, the interest rate reduction result was as expected. Pressure to close profits this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3678- 3680 SL 3685
TP1: $3670
TP2: $3660
TP3: $3650
🔥BUY GOLD zone: $3618-$3620 SL $3613
TP1: $3630
TP2: $3640
TP3: $3655
⭐️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
Gold (XAU/USD) consolidates after retreating from record highs above $3,700, reached following the Fed’s dovish rate cut. The central bank signaled two more reductions this year, keeping bullion supported in Thursday’s Asian session. Heightened geopolitical risks from the Russia-Ukraine war and Middle East tensions further underpin safe-haven demand.
At his press conference, Fed Chair Jerome Powell framed the move as a “risk management cut” and downplayed urgency for aggressive easing. This helped the US Dollar (USD) extend its rebound from multi-year lows, capping gold’s upside. Still, the broader backdrop favors bulls, with any dips likely to attract fresh buying
⭐️Personal comments NOVA:
The market started to correct down after reaching ATH 3707, the interest rate reduction result was as expected. Pressure to close profits this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3678- 3680 SL 3685
TP1: $3670
TP2: $3660
TP3: $3650
🔥BUY GOLD zone: $3618-$3620 SL $3613
TP1: $3630
TP2: $3640
TP3: $3655
⭐️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
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 ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
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 ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.