During this week, the gold price has continuously dropped from 1,912$ to 1,884$ and closed at 1,889 USD/oz. Gold prices fell this week as the yield on the 3-month US Treasury note jumped to 5.29%, its highest level in 15 years and well above its long-term average of 4.5%. ,18%. This shows that investors are expecting that the FED may not stop raising interest rates, or will maintain interest rates at a high level of 5.25-5.5% for a long time to come.
Signals of future economic health will depend on whether labor market trends are reversed. Recent US economic data shows that the unemployment rate remains at around 3.5-3.6%, the lowest level in half a century. While steady consumer spending, supported by the strength of the labor market, has helped keep the economy recovering.
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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
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BUY XAUUSD zone 1885.5
SL : 1880
TP 1 : 1888 TP 2 : 1992
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+30pips. Happy beginning of the week✅✅✅
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+100pips. Congratulations to those who follow my signal✅✅✅
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Set up : Gold price:
SELL gold : 1900 - 1903 SL 1907
TP: 1895, 1890
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Gold price has entered the 1903 entry price zone, the buying power has decreased. Meeting the resistance zone of 1905, the price will reverse and fall back to the area of 1890
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+60pips. Giving a sell signal at 1903. Congratulations for trusting and following me✅✅✅
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+ 100 pips from entry 1903, close order
Trade closed: target reached
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Hello everyone. What do you think about the buy signal at 1914 -1916 Stoploss : 1910 Note : This is a short signal. You look. Good luck🔥🔥