January 2024, Gold price remained stable above $2,000
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⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The financial markets are anticipating that the Federal Reserve (Fed) will maintain interest rates at a range of 5.25–5.50% during its upcoming January meeting. However, traders will closely watch the press conference for any indications from Fed Chairman Jerome Powell regarding a potential rate cut in March. If such signals are given, it could lead to selling pressure on the US dollar.
According to US officials, a drone attack on American forces stationed near the Syrian border in northeastern Jordan resulted in the loss of three US troops and numerous injuries. This incident has contributed to an escalation of tension in the Middle East, which may increase the demand for safe-haven assets like gold.
⭐️Personal comments NOVA:
Gold prices in the Asian session on Monday are tending to increase slightly but will continue to move sideways to wait for new motivation from interest rates
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2006 - $2008 SL $1997
TP1: $2015
TP2: $2022
TP3: $2030
🔥SELL GOLD zone: $2032 - $2034 SL $2040
TP1: $2028
TP2: $2024
TP3: $2019
⭐️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
- The winner is the one who sticks with the market the longest
⭐️GOLDEN INFORMATION:
The financial markets are anticipating that the Federal Reserve (Fed) will maintain interest rates at a range of 5.25–5.50% during its upcoming January meeting. However, traders will closely watch the press conference for any indications from Fed Chairman Jerome Powell regarding a potential rate cut in March. If such signals are given, it could lead to selling pressure on the US dollar.
According to US officials, a drone attack on American forces stationed near the Syrian border in northeastern Jordan resulted in the loss of three US troops and numerous injuries. This incident has contributed to an escalation of tension in the Middle East, which may increase the demand for safe-haven assets like gold.
⭐️Personal comments NOVA:
Gold prices in the Asian session on Monday are tending to increase slightly but will continue to move sideways to wait for new motivation from interest rates
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2006 - $2008 SL $1997
TP1: $2015
TP2: $2022
TP3: $2030
🔥SELL GOLD zone: $2032 - $2034 SL $2040
TP1: $2028
TP2: $2024
TP3: $2019
⭐️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
- The winner is the one who sticks with the market the longest
Ghi chú
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Gold price continues to increase, waiting for a decrease in the Asian session on Tuesday
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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