GOLDEN INFORMATION:
Gold (XAU/USD) remains depressed below a nearly four-week high, touched earlier this Wednesday, though it lacks follow-through selling and holds above the $4,800 mark heading into the European session. Given that the path to a durable US-Iran agreement remains uncertain on the back of the instability in the Strait of Hormuz, the US Dollar (USD) stages a modest recovery from its lowest level since early March and undermines the commodity. In fact, Iran's ambassador to the UN described the US blockade, which took effect on Monday, as a grave violation of Tehran's sovereignty.
⭐️Personal comments NOVA:
The downward correction in gold below 4800 continues the tug-of-war between buyers and sellers, a long-term accumulation phase.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4900 - 4903 SL 4910
TP1: $4875
TP2: $4844
TP3: $4810
🔥BUY GOLD zone: 4732- 4735 SL 4725
TP1: $4760
TP2: $4788
TP3: $4833
⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas .
⭐️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) remains depressed below a nearly four-week high, touched earlier this Wednesday, though it lacks follow-through selling and holds above the $4,800 mark heading into the European session. Given that the path to a durable US-Iran agreement remains uncertain on the back of the instability in the Strait of Hormuz, the US Dollar (USD) stages a modest recovery from its lowest level since early March and undermines the commodity. In fact, Iran's ambassador to the UN described the US blockade, which took effect on Monday, as a grave violation of Tehran's sovereignty.
⭐️Personal comments NOVA:
The downward correction in gold below 4800 continues the tug-of-war between buyers and sellers, a long-term accumulation phase.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4900 - 4903 SL 4910
TP1: $4875
TP2: $4844
TP3: $4810
🔥BUY GOLD zone: 4732- 4735 SL 4725
TP1: $4760
TP2: $4788
TP3: $4833
⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas .
⭐️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
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
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
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.