⭐️GOLDEN INFORMATION:
Gold (XAU/USD) extends its bullish trajectory in Monday’s Asian session, surging to a fresh all-time high near the $4,380 level. The advance is underpinned by heightened geopolitical risk, with the Israel–Iran conflict and escalating tensions between the United States and Venezuela driving robust safe-haven flows into the precious metal.
In parallel, a run of softer US inflation readings and cooling labor-market indicators has reinforced market conviction that the Federal Reserve is likely to deliver at least two 25-basis-point rate cuts next year. Expectations of a more accommodative policy stance tend to weigh on nominal and real yields, thereby reducing the opportunity cost of holding non-interest-bearing assets and providing a strong fundamental tailwind for Gold prices.
⭐️Personal comments NOVA:
The December interest rate cut ultimately had a positive impact on gold prices, with money flowing into the world's safest asset, and gold continuing its major upward trend.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 4417 - 4419 SL 4424
TP1: $4408
TP2: $4390
TP3: $4375
🔥BUY GOLD zone: 4362 - 4360 SL 4355
TP1: $4375
TP2: $4390
TP3: $4408
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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) extends its bullish trajectory in Monday’s Asian session, surging to a fresh all-time high near the $4,380 level. The advance is underpinned by heightened geopolitical risk, with the Israel–Iran conflict and escalating tensions between the United States and Venezuela driving robust safe-haven flows into the precious metal.
In parallel, a run of softer US inflation readings and cooling labor-market indicators has reinforced market conviction that the Federal Reserve is likely to deliver at least two 25-basis-point rate cuts next year. Expectations of a more accommodative policy stance tend to weigh on nominal and real yields, thereby reducing the opportunity cost of holding non-interest-bearing assets and providing a strong fundamental tailwind for Gold prices.
⭐️Personal comments NOVA:
The December interest rate cut ultimately had a positive impact on gold prices, with money flowing into the world's safest asset, and gold continuing its major upward trend.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 4417 - 4419 SL 4424
TP1: $4408
TP2: $4390
TP3: $4375
🔥BUY GOLD zone: 4362 - 4360 SL 4355
TP1: $4375
TP2: $4390
TP3: $4408
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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.