GOLDEN INFORMATION:
Gold (XAU/USD) maintains its offered tone through the Asian session on Tuesday and currently trades just below $4,050, down 0.85% for the day. This follows the previous day's failure to find acceptance above the $4,100 mark and suggests that the path of least resistance for the bullion remains to the downside. However, subdued US Dollar (USD) price action could help limit the downside as the focus remains on the crucial two-day FOMC policy meeting. Investors will look for cues about the US Federal Reserve's (Fed) future policy path, which will play a key role in driving the USD demand and providing a fresh directional impetus to the non-yielding yellow metal.
⭐️Personal comments NOVA:
The market is expected to correct downwards ahead of the FOMC meeting this week - H1 chart breaks trendline, heading towards the 4000 accumulation zone.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4072 - 4074 SL 4082
TP1: $4050
TP2: $4022
TP3: $4000
🔥BUY GOLD zone: 4064- 4062 SL 4054
TP1: $4080
TP2: $4102
TP3: $4133
⭐️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) maintains its offered tone through the Asian session on Tuesday and currently trades just below $4,050, down 0.85% for the day. This follows the previous day's failure to find acceptance above the $4,100 mark and suggests that the path of least resistance for the bullion remains to the downside. However, subdued US Dollar (USD) price action could help limit the downside as the focus remains on the crucial two-day FOMC policy meeting. Investors will look for cues about the US Federal Reserve's (Fed) future policy path, which will play a key role in driving the USD demand and providing a fresh directional impetus to the non-yielding yellow metal.
⭐️Personal comments NOVA:
The market is expected to correct downwards ahead of the FOMC meeting this week - H1 chart breaks trendline, heading towards the 4000 accumulation zone.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4072 - 4074 SL 4082
TP1: $4050
TP2: $4022
TP3: $4000
🔥BUY GOLD zone: 4064- 4062 SL 4054
TP1: $4080
TP2: $4102
TP3: $4133
⭐️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
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
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
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.