⭐️GOLDEN INFORMATION:
Gold (XAU/USD) retreats more than 4% on Monday after the US President Donald Trump announced his pick to lead the Federal Reserve (Fed) in succession to the Fed Chair Jerome Powell. Economic data in the US paint an optimistic outlook as manufacturing activity improves. At the time of writing,XAU/USD trades at $4,681.
XAU/USD sinks below $4,700 as markets reprice a firmer Fed outlook and US manufacturing hits multi-year highs
Since last Friday, Gold price tumbled by over 14%. Although the nomination of Kevin Warsh was seen as one of the catalysts behind the precious metals rout. Economic activity in the manufacturing sector improved the most, reaching levels last seen in 2022, according to the Institute for Supply Management (ISM).
⭐️Personal comments NOVA:
Gold prices continue to consolidate below 5000 - selling pressure cools down the market, leading to greater stability.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4996 - 4998 SL 5003
TP1: $4980
TP2: $4965
TP3: $4950
🔥BUY GOLD zone: 4400 - 4398 SL 4393
TP1: $4415
TP2: $4444
TP3: $4470
⭐️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) retreats more than 4% on Monday after the US President Donald Trump announced his pick to lead the Federal Reserve (Fed) in succession to the Fed Chair Jerome Powell. Economic data in the US paint an optimistic outlook as manufacturing activity improves. At the time of writing,XAU/USD trades at $4,681.
XAU/USD sinks below $4,700 as markets reprice a firmer Fed outlook and US manufacturing hits multi-year highs
Since last Friday, Gold price tumbled by over 14%. Although the nomination of Kevin Warsh was seen as one of the catalysts behind the precious metals rout. Economic activity in the manufacturing sector improved the most, reaching levels last seen in 2022, according to the Institute for Supply Management (ISM).
⭐️Personal comments NOVA:
Gold prices continue to consolidate below 5000 - selling pressure cools down the market, leading to greater stability.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4996 - 4998 SL 5003
TP1: $4980
TP2: $4965
TP3: $4950
🔥BUY GOLD zone: 4400 - 4398 SL 4393
TP1: $4415
TP2: $4444
TP3: $4470
⭐️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
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.