Gold corrects slightly after reaching ATH !!
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⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rose to around $2,470 per troy ounce on Thursday, remaining near record highs as there is growing optimism that the Federal Reserve (Fed) will lower interest rates in September. Lower interest rates make Gold more appealing to investors as a non-yielding asset. Fed officials have expressed confidence in inflation aligning with their goals and are considering an interest rate cut.
⭐️Personal comments NOVA:
Gold price had a 30 price adjustment when it peaked at 2484, the adjustment created liquidity for the market
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2440 - $2442 SL $2435
TP1: $2450
TP2: $2460
TP3: $2470
🔥BUY GOLD zone: $2432 - $2430 SL $2425
TP1: $2440
TP2: $2455
TP3: $2470
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
- The winner is the one who sticks with the market the longest
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rose to around $2,470 per troy ounce on Thursday, remaining near record highs as there is growing optimism that the Federal Reserve (Fed) will lower interest rates in September. Lower interest rates make Gold more appealing to investors as a non-yielding asset. Fed officials have expressed confidence in inflation aligning with their goals and are considering an interest rate cut.
⭐️Personal comments NOVA:
Gold price had a 30 price adjustment when it peaked at 2484, the adjustment created liquidity for the market
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2440 - $2442 SL $2435
TP1: $2450
TP2: $2460
TP3: $2470
🔥BUY GOLD zone: $2432 - $2430 SL $2425
TP1: $2440
TP2: $2455
TP3: $2470
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
- The winner is the one who sticks with the market the longest
Ghi chú
Sideway gold price increased again around 2470Ghi chú
Bear resistance - Gold price is moving in the 2450 -2480 rangeGhi chú
Gold price waits for unemployment data today - cumulative sideway price zoneGhi chú
Gold price decreased after unemployment news - trading below 2460 areaGhi chú
Gold price accumulates in the price range of 2480-2460 waiting to accumulate for new ATHGhi chú
Price declines to correct around below 2460 - new ATH needs further accumulationGhi chú
A downward correction is inevitable when Gold reaches ATH Exact trend
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
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