Scalping XAU! 30/11 sideway adjustment DOWN

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is struggling to gain momentum in early European trading on Thursday. It is currently consolidating its recent strong gains, reaching its highest level since May 5th, which was achieved the previous day. Traders are showing hesitancy and are choosing to wait for the release of the key inflation data from the United States (US) before making any new bets on the direction of the market. The US Personal Consumption Expenditures (PCE) Price Index is scheduled to be released later during the North American session and may have an impact on the Federal Reserve's (Fed) future policy decisions. This, in turn, will influence the demand for the US Dollar (USD) and provide substantial motivation for the non-interest-bearing precious metal.

⭐️Personal comments NOVA:
Currently, the price is sideways around the 2035-2045 area. To overcome the 2050 resistance area, several downward corrections are needed before there is enough force for the next price increase

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2041.5 - $2043.5 SL $2047 Scalping
TP1: $2037
TP2: $2034
TP3: $2029


⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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:

+ 30 pips , for signal SELL SCALPING

Comment:

more 40 pips , nice

Comment:

+ 50 pips , congratulation

Comment:

+ 70 pips , amazing for scalping

Comment:

+ 100 pips , close signal