GOLDEN INFORMATION:
Gold (XAU/USD) recovers further from the monthly low, touched the previous day, and climbs back closer to the $4,600 mark during the early European session on Thursday. The US Dollar (USD) enters a bullish consolidation phase after touching a fresh high since April 13 and turns out to be a key factor acting as a tailwind for the commodity. However, the US Federal Reserve's (Fed) hawkish tilt, along with the US-Iran stalemate, favors the USD bulls and should keep a lid on any meaningful upside for the non-yielding yellow metal.
⭐️Personal comments NOVA:
Market decline - selling pressure persists. Accumulation zone around 4610.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4610 - 4612 SL 4620
TP1: $4582
TP2: $4550
TP3: $4512
🔥BUY GOLD zone: 4511- 4509 SL 4501
TP1: $4540
TP2: $4570
TP3: $4602
⭐️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) recovers further from the monthly low, touched the previous day, and climbs back closer to the $4,600 mark during the early European session on Thursday. The US Dollar (USD) enters a bullish consolidation phase after touching a fresh high since April 13 and turns out to be a key factor acting as a tailwind for the commodity. However, the US Federal Reserve's (Fed) hawkish tilt, along with the US-Iran stalemate, favors the USD bulls and should keep a lid on any meaningful upside for the non-yielding yellow metal.
⭐️Personal comments NOVA:
Market decline - selling pressure persists. Accumulation zone around 4610.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4610 - 4612 SL 4620
TP1: $4582
TP2: $4550
TP3: $4512
🔥BUY GOLD zone: 4511- 4509 SL 4501
TP1: $4540
TP2: $4570
TP3: $4602
⭐️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.