Gold Spot / U.S. Dollar
Short
Updated

Attempt to find ATH again for the 3rd time - gold price down

838
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:

US real yields, which move inversely to gold prices, rose 4.5 basis points to 2.086%, putting pressure on bullion.

Fed Governor Christopher Waller expects President Donald Trump's new trade restrictions to have only a minor effect on prices. Meanwhile, Philadelphia Fed President Patrick Harker reiterated his support for steady interest rates, noting that inflation remains high and persistent.

⭐️Personal comments NOVA:

Gold returns to ATH 294x zone, 3rd attempt to create ATH but will continue to decrease, need more tax news in the near future

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2942 - $2944 SL $2949
TP1: $2935
TP2: $2920
TP3: $2910

🔥BUY GOLD zone: $2901 - $2899 SL $2894
TP1: $2906
TP2: $2915
TP3: $2925

⭐️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
Trade active
Woww, + 120 pips profit entry SELL 2942-2944 , wonderfull
Trade closed: target reached
+ 150 pips , amazing SELL 2942-2944 , nice profit

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.