Gold's growth momentum continues
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is experiencing slight increases above the $2,050 level in the early Asian session on Tuesday. The rising tensions in the Red Sea and the prevailing risk-off sentiment favor the demand for safe-haven assets like gold. Currently, the gold price is being traded at $2,055, registering a 0.06% gain for the day.
In the meantime, the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trading partners, continues to consolidate near 102.60 since the beginning of the year. The yields on Treasury bonds are decreasing, with the 10-year yield currently at 3.95%.
⭐️Personal comments NOVA:
Today's FOMC meeting will partly determine the Gold trend for the week, along with news of military tensions that will have a positive impact on Gold and precious metals.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2040 - $2042 SL $2034
TP1: $2050
TP2: $2058
TP3: $2067
🔥SELL GOLD zone: $2067 - $2069 SL $2075
TP1: $2060
TP2: $2050
TP3: $2040
⭐️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
- The winner is the one who sticks with the market the longest
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is experiencing slight increases above the $2,050 level in the early Asian session on Tuesday. The rising tensions in the Red Sea and the prevailing risk-off sentiment favor the demand for safe-haven assets like gold. Currently, the gold price is being traded at $2,055, registering a 0.06% gain for the day.
In the meantime, the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trading partners, continues to consolidate near 102.60 since the beginning of the year. The yields on Treasury bonds are decreasing, with the 10-year yield currently at 3.95%.
⭐️Personal comments NOVA:
Today's FOMC meeting will partly determine the Gold trend for the week, along with news of military tensions that will have a positive impact on Gold and precious metals.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2040 - $2042 SL $2034
TP1: $2050
TP2: $2058
TP3: $2067
🔥SELL GOLD zone: $2067 - $2069 SL $2075
TP1: $2060
TP2: $2050
TP3: $2040
⭐️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
- The winner is the one who sticks with the market the longest
Comment:
Gold price decreased slightly below the 2050 area. Adjusted to get better buying power
Comment:
+ 20 pips , signal BUY 2040-2042
Comment:
Gold declines as the dollar and US Treasury bond yields rise, while investors await comments from a group of US Federal officials this week to learn more about the path of interest rates.
Comment:
Actual data are not good for the Dollar. Gold prices rebounded strongly and returned to the 2040 area.
Trade active:
Support zone: set up scalping signal
Buy 2023-2025 SL 2020
TP: 2028, 2033
Buy 2023-2025 SL 2020
TP: 2028, 2033
Comment:
+ 40 pips, for signal BUY SCALPING , buy 2023-2025
Comment:
+ 75 pips , for signal BUY scalping 2023-2025
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/Novascalperchannel
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/Novascalperchannel
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