Will the new week's gold price recover?
NOVA hello everyone, Let's comment on gold price next week from August 14 to August 18, 23
World situation:
After a series of positive news in the week for the dollar, the US economy has prospered, economic indicators are positive, which is the catalyst that causes gold prices to continuously decline.
According to experts, it is forecasted that this week the gold price will continue to be negatively affected and may continue to decrease.
Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $1925, $1947
Support : $1913.5, $1900, $1894
Downtrend is still dominant, will continue to happen next week
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
World situation:
After a series of positive news in the week for the dollar, the US economy has prospered, economic indicators are positive, which is the catalyst that causes gold prices to continuously decline.
According to experts, it is forecasted that this week the gold price will continue to be negatively affected and may continue to decrease.
Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $1925, $1947
Support : $1913.5, $1900, $1894
Downtrend is still dominant, will continue to happen next week
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:
+ 50 pips , from entry 1910
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
Related Ideas
buy gold zone 1909-1912 Sl 1905
TP1 : 1915
TP2: 1918