Scalping XAU! 11/12 Recovery pace in downward momentum
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is moving downwards for the second consecutive day on Monday, distancing itself even further from the record high it reached last week. During the first half of the European session, the value of this precious metal remains low, staying below the significant $2,000 mark, due to an increase in US Dollar (USD) buying. The release of the US monthly jobs report on Friday, which exceeded expectations, led investors to reduce their expectations of an early easing of policies by the Federal Reserve (Fed). As a result, there has been a recovery in US Treasury bond yields, which in turn strengthens the dollar and weakens demand for commodities priced in USD.
⭐️Personal comments NOVA:
Second, there have not been too many price fluctuations. Scalping BUY signal for recovery
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1996.5 - $1994.5 SL $1991.5 Scalping
TP1: $2000
TP2: $2004
TP3: $2007
⭐️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:
The price of gold (XAU/USD) is moving downwards for the second consecutive day on Monday, distancing itself even further from the record high it reached last week. During the first half of the European session, the value of this precious metal remains low, staying below the significant $2,000 mark, due to an increase in US Dollar (USD) buying. The release of the US monthly jobs report on Friday, which exceeded expectations, led investors to reduce their expectations of an early easing of policies by the Federal Reserve (Fed). As a result, there has been a recovery in US Treasury bond yields, which in turn strengthens the dollar and weakens demand for commodities priced in USD.
⭐️Personal comments NOVA:
Second, there have not been too many price fluctuations. Scalping BUY signal for recovery
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1996.5 - $1994.5 SL $1991.5 Scalping
TP1: $2000
TP2: $2004
TP3: $2007
⭐️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
Comment:
+ 25 pips, for signal Scalping BUY from entry 1985,5
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/Novascalperchannel
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/Novascalperchannel
TP: 50-70 pips