Strong resistance, BUY NOW xau

Nova-Scalper Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
⭐️Smart investment, Strong finance

The price of gold (XAU/USD) exhibits some resilience below the $1,900 level during the Asian trading session on Wednesday. However, it struggles to rebound significantly from a one-month low reached the day before. While there is a generally weaker risk sentiment that provides some support for the safe-haven precious metal, the prevailing strong bullish sentiment surrounding the US Dollar (USD) acts as a hindrance.

On Tuesday, data released from the United States (US) revealed that the Consumer Confidence Index by The Conference Board dropped to its lowest level in four months in September. This has raised concerns about consumers feeling pressured by persistently high inflation and increasing interest rates. Additionally, worries over a real estate crisis in China – which is currently ranked as the world's second-largest economy – continue to impact investors' sentiment and favor traditional safe-haven assets such as gold.

⭐️Personal comments NOVA:
CB Consumer Confidence yesterday's news results supported dollar prices, but gold prices still fell. The reason is that a large amount of gold is being sold by a number of large funds, causing gold prices to plummet


🔥BUY GOLD zone: $1895 - $1897 SL $1890
TP 1: $1900
TP2: $1905
TP3: $1910

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

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
+ 30 pips , from entry 1895.7
Trade active:
The selling force is still quite strong, the buying side feels weaker. The possibility of the price falling to the next support zone, set up BUY at the SCALPING support price zone

BUY gold : 1889 - 1892 SL 1885

TP: 1896, 1900, 1905
Fomo's gold sales are still strong, reaching the strongest support zone in the last 4 months from 1885 to 1887.

Set up a Buy signal in this area

Buy 1887-1885 SL 1880
TP: 1890, 1895, 1902

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:

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.