GOLDEN INFORMATION:
Gold (XAU/USD) struggles to capitalize on its modest intraday bounce from the $4,600 mark and remains on the defensive, for the second straight day, heading into the European session on Monday. Bloomberg, citing Axios, reported that the US, Iran, and regional mediators are discussing terms for a possible 45-day ceasefire that could lead to an end of fighting. This, in turn, keeps a lid on the safe-haven US Dollar (USD) and offers some support to the commodity. However, prospects for higher interest rates globally cap the upside for the non-yielding yellow metal.
⭐️Personal comments NOVA:
Gold prices are currently in a consolidation phase, awaiting further developments from the Middle East conflict. They are consolidating below the resistance level of 4800.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4800 - 4803 SL 4810
TP1: $4767
TP2: $4730
TP3: $4692
🔥BUY GOLD zone: 4554- 4557 SL 4547
TP1: $4580
TP2: $4627
TP3: $4660
⭐️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 its modest intraday bounce from the $4,600 mark and remains on the defensive, for the second straight day, heading into the European session on Monday. Bloomberg, citing Axios, reported that the US, Iran, and regional mediators are discussing terms for a possible 45-day ceasefire that could lead to an end of fighting. This, in turn, keeps a lid on the safe-haven US Dollar (USD) and offers some support to the commodity. However, prospects for higher interest rates globally cap the upside for the non-yielding yellow metal.
⭐️Personal comments NOVA:
Gold prices are currently in a consolidation phase, awaiting further developments from the Middle East conflict. They are consolidating below the resistance level of 4800.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4800 - 4803 SL 4810
TP1: $4767
TP2: $4730
TP3: $4692
🔥BUY GOLD zone: 4554- 4557 SL 4547
TP1: $4580
TP2: $4627
TP3: $4660
⭐️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.