⭐️GOLDEN INFORMATION:
Gold (XAU/USD) rises above $3,950 during Wednesday’s Asian session as persistent US government shutdown concerns and geopolitical tensions fuel safe-haven demand. The stalemate between Democrats and Republicans has stretched into a new month, putting the US on track for its longest-ever shutdown.
However, gains may be capped as traders take profits amid a stronger US Dollar (USD) and waning expectations for additional Federal Reserve (Fed) rate cuts this year. A firmer dollar typically makes gold costlier for overseas buyers, limiting its appeal.
⭐️Personal comments NOVA:
Gold price under selling pressure below 4000, downtrend after breaking trendline
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 4040 - 4042 SL 4047
TP1: $4030
TP2: $4015
TP3: $4000
🔥BUY GOLD zone: 3888 - 3886 SL 3881
TP1: $3900
TP2: $3915
TP3: $3930
⭐️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
Gold (XAU/USD) rises above $3,950 during Wednesday’s Asian session as persistent US government shutdown concerns and geopolitical tensions fuel safe-haven demand. The stalemate between Democrats and Republicans has stretched into a new month, putting the US on track for its longest-ever shutdown.
However, gains may be capped as traders take profits amid a stronger US Dollar (USD) and waning expectations for additional Federal Reserve (Fed) rate cuts this year. A firmer dollar typically makes gold costlier for overseas buyers, limiting its appeal.
⭐️Personal comments NOVA:
Gold price under selling pressure below 4000, downtrend after breaking trendline
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 4040 - 4042 SL 4047
TP1: $4030
TP2: $4015
TP3: $4000
🔥BUY GOLD zone: 3888 - 3886 SL 3881
TP1: $3900
TP2: $3915
TP3: $3930
⭐️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
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.