⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) hit a record high near $2,390 during early Asian session on Friday due to market expectations of a US Federal Reserve interest rate cut. Chinese central bank's gold purchase and ongoing geopolitical tensions in the Middle East also contribute to the increase. Analysts predict that despite concerns about higher-than-expected inflation, the US Fed will still proceed with three 25-basis point rate cuts this year.
⭐️Personal comments NOVA: Gold price continues to increase strongly - breaking the resistance structure. In the context of the US economy, there are still many difficulties. Gold metal has become the top priority investment channel. Gold prices continue to reach new peaks this year
⭐️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
⋅
Gold price decreased slightly after peaking at 2395
Comment
⋅
+ 25 pips, signal PLAN DAY SELL 2398-2401
Comment
⋅
+ 75 pips , signal PLAN day SELL 2398-2401
Comment
⋅
Gold price sideways around 2395, waiting for upcoming US data news
Comment
⋅
Gold prices surge after bad data for the dollar, hitting new high above 2410
I'm a VIP Gold member and I'm here to tell the world that Nova is doing something extraordinary! 👑✨ She's got a real knack for this, her signals are on point! 🎯💰 If you follow her signals and practice good money management, you could literally become a multimillionaire! 🤑💸 Thanks, Nova, for all your hard work! Keep up the amazing work every week! 🙌🏼 #NovaSignals #FinancialSuccess #CryptoGuru
Nova-Scalper
⋅
+ 70 pips, PLAN DAY BUY 2350-2352
The_Third_Eye
⋅
Exactly, that's what I'm waiting to buy around 2370. There is no way to buy a high number
ksuphy
⋅
Now I put sell order with stop at 2410 take profit 2370, thanks for sharing
Nova-Scalper
⋅
@ksuphy, yes, Gold's increase rate will be determined by the participation of the US session