GOLDEN INFORMATION:
Gold (XAU/USD) struggles to capitalize on a two-day recovery from the $4,500 mark, or over a one-month low, and oscillates in a range during the Asian session on Thursday. The commodity trades flat around the $4,700 mark as bulls now seem hesitant and opt to wait for further clarity over a potential US-Iran peace deal before placing fresh bets. Meanwhile, the downside remains cushioned amid fading hawkish US Federal Reserve (Fed) bets and a broadly weaker US Dollar (USD), which tends to benefit the bullion.
⭐️Personal comments NOVA:
Gold's upward trend - gold prices recovered and consolidated above 4700, awaiting a breakout and continued price increase.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4770 - 4772 SL 4780
TP1: $4745
TP2: $4723
TP3: $4700
🔥BUY GOLD zone: 4640- 4638 SL 4630
TP1: $4666
TP2: $4688
TP3: $4725
⭐️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) struggles to capitalize on a two-day recovery from the $4,500 mark, or over a one-month low, and oscillates in a range during the Asian session on Thursday. The commodity trades flat around the $4,700 mark as bulls now seem hesitant and opt to wait for further clarity over a potential US-Iran peace deal before placing fresh bets. Meanwhile, the downside remains cushioned amid fading hawkish US Federal Reserve (Fed) bets and a broadly weaker US Dollar (USD), which tends to benefit the bullion.
⭐️Personal comments NOVA:
Gold's upward trend - gold prices recovered and consolidated above 4700, awaiting a breakout and continued price increase.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4770 - 4772 SL 4780
TP1: $4745
TP2: $4723
TP3: $4700
🔥BUY GOLD zone: 4640- 4638 SL 4630
TP1: $4666
TP2: $4688
TP3: $4725
⭐️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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.