GOLDEN INFORMATION:
Gold (XAU/USD) price plummets nearly 2.50% on Thursday as Oil prices rise amid uncertainty about a possible agreement between the US and Iran, adding upward pressure on inflation and pushing the Greenback higher. At the time of writing, XAU/USD trades at $4,394 after reaching a daily high of $4,544.
Bullion drops as rising energy prices and hawkish Fed repricing weigh on demand
Financial market sentiment remains dismal. US President Donald Trump warned Iran to get serious about agreeing to a deal. He said that Iranian negotiators are “very different” and “strange,” adding that, privately, they're begging for a deal, while publicly they say they’re looking at the proposal.
⭐️Personal comments NOVA:
Gold prices are still in a consolidation zone, moving downwards along the trendline, and selling pressure remains below 4535 on the H1 timeframe.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4533 - 4535 SL 4540
TP1: $4500
TP2: $4472
TP3: $4435
🔥BUY GOLD zone: 4305- 4303 SL 4298
TP1: $4330
TP2: $4362
TP3: $4400
⭐️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) price plummets nearly 2.50% on Thursday as Oil prices rise amid uncertainty about a possible agreement between the US and Iran, adding upward pressure on inflation and pushing the Greenback higher. At the time of writing, XAU/USD trades at $4,394 after reaching a daily high of $4,544.
Bullion drops as rising energy prices and hawkish Fed repricing weigh on demand
Financial market sentiment remains dismal. US President Donald Trump warned Iran to get serious about agreeing to a deal. He said that Iranian negotiators are “very different” and “strange,” adding that, privately, they're begging for a deal, while publicly they say they’re looking at the proposal.
⭐️Personal comments NOVA:
Gold prices are still in a consolidation zone, moving downwards along the trendline, and selling pressure remains below 4535 on the H1 timeframe.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4533 - 4535 SL 4540
TP1: $4500
TP2: $4472
TP3: $4435
🔥BUY GOLD zone: 4305- 4303 SL 4298
TP1: $4330
TP2: $4362
TP3: $4400
⭐️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.