GOLDEN INFORMATION:
Gold (XAU/USD) clings to modest intraday gains through the Asian session on Friday and remains well within striking distance of an over two-week top, touched the previous day. Despite renewed hostilities in the Strait of Hormuz, investors seem hopeful over a potential US-Iran peace deal. This triggers a fresh leg down in Crude Oil prices, easing inflationary concerns and tempering bets for a more hawkish US Federal Reserve (Fed). The outlook, in turn, keeps a lid on any further US Dollar (USD) appreciation and turns out to be a key factor acting as a tailwind for the bullion.
⭐️Personal comments NOVA:
Gold is consolidating and recovering - H1 chart shows bullish structure maintaining above 4700 ahead of NF news.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4800 - 4802 SL 4810
TP1: $4777
TP2: $4750
TP3: $4722
🔥BUY GOLD zone: 4660- 4658 SL 4650
TP1: $4680
TP2: $4708
TP3: $4740
⭐️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) clings to modest intraday gains through the Asian session on Friday and remains well within striking distance of an over two-week top, touched the previous day. Despite renewed hostilities in the Strait of Hormuz, investors seem hopeful over a potential US-Iran peace deal. This triggers a fresh leg down in Crude Oil prices, easing inflationary concerns and tempering bets for a more hawkish US Federal Reserve (Fed). The outlook, in turn, keeps a lid on any further US Dollar (USD) appreciation and turns out to be a key factor acting as a tailwind for the bullion.
⭐️Personal comments NOVA:
Gold is consolidating and recovering - H1 chart shows bullish structure maintaining above 4700 ahead of NF news.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4800 - 4802 SL 4810
TP1: $4777
TP2: $4750
TP3: $4722
🔥BUY GOLD zone: 4660- 4658 SL 4650
TP1: $4680
TP2: $4708
TP3: $4740
⭐️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.