Sideway trading session at the beginning of the week

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is moving downwards, reaching $2,027 in the early Asian session on Monday. The strong economic data from the United States has led to expectations that the Federal Reserve (Fed) may postpone interest rate cuts, thereby strengthening the US Dollar (USD). The crucial support level for gold is currently at the psychological mark of $2,000. On Friday, the market may experience volatility due to the release of the US Core Personal Consumption Expenditures Price Index (Core PCE) for December.

⭐️Personal comments NOVA:
The recovery at the end of January 2024 continues. Sideway Monday trading session with short amplitude

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2015 - $2017 SL $2007
TP1: $2025
TP2: $2032
TP3: $2037


🔥SELL GOLD zone: $2035 - $2037 SL $2045
TP1: $2030
TP2: $2025
TP3: $2017

⭐️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:

Always follow NOVA for the best comments and signals

Comment:

Sideway prices are as expected around the 2020-2030 region, with a narrow range

Trade active:

Comment:

+ 65 pips , signal PLAN DAY BUY 2017

Comment:

+ 95 pips. Great signal PLAN DAY BUY 2015-2017

Comment:

The price is still sideways around the 2020 area, waiting for new motivation from today's news