GOLDEN INFORMATION:
Gold (XAU/USD) attracts fresh sellers following a modest Asian session uptick to the $4,350-$4,355 area and touches its lowest level since March 23 on the first day of a new week. Renewed hostilities in the Gulf push Crude Oil prices higher, fanning inflationary concerns and bolstering bets for more hawkish central banks. This, in turn, is seen as a key factor undermining demand for the non-yielding bullion. The commodity now seems to have found acceptance below a technically significant 200-day Simple Moving Average (SMA) and remains vulnerable to decline further, with bears awaiting acceptance below the $4,300 mark before placing fresh bets.
⭐️Personal comments NOVA:
The downward trend continued at the beginning of the week around 4300. Investors are concerned that interest rate cuts will continue to tighten, and the release of NF data indicates a high risk of inflation.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4370 - 4372 SL 4380
TP1: $4355
TP2: $4330
TP3: $4302
🔥BUY GOLD zone: 4265- 4263 SL 4255
TP1: $4280
TP2: $4302
TP3: $4333
⭐️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) attracts fresh sellers following a modest Asian session uptick to the $4,350-$4,355 area and touches its lowest level since March 23 on the first day of a new week. Renewed hostilities in the Gulf push Crude Oil prices higher, fanning inflationary concerns and bolstering bets for more hawkish central banks. This, in turn, is seen as a key factor undermining demand for the non-yielding bullion. The commodity now seems to have found acceptance below a technically significant 200-day Simple Moving Average (SMA) and remains vulnerable to decline further, with bears awaiting acceptance below the $4,300 mark before placing fresh bets.
⭐️Personal comments NOVA:
The downward trend continued at the beginning of the week around 4300. Investors are concerned that interest rate cuts will continue to tighten, and the release of NF data indicates a high risk of inflation.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4370 - 4372 SL 4380
TP1: $4355
TP2: $4330
TP3: $4302
🔥BUY GOLD zone: 4265- 4263 SL 4255
TP1: $4280
TP2: $4302
TP3: $4333
⭐️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
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
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
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.