Gold will continue to increase after PPI news !! new peak
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
On Thursday, gold prices surged to their highest level since May 22, reaching the $2,424-2,425 region due to predictions of a Federal Reserve rate cut in September following a mild US inflation report. However, lack of sustained buying and a modest rebound of the dollar from a nearly three-month low caused some sell-off of the safe-haven metal during Friday's Asian session. The underlying positive sentiment in the equity markets also contributed to this trend.
⭐️Personal comments NOVA:
Sentiment is very optimistic in the market after yesterday's CPI news - Gold prices maintain an upward momentum to close to the old all-time high
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2393 - $2391 SL $2388 scalping
TP1: $2397
TP2: $2400
TP3: $2405
🔥SELL GOLD zone: $2450 - $2452 SL $2457
TP1: $2440
TP2: $2430
TP3: $2420
⭐️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:
On Thursday, gold prices surged to their highest level since May 22, reaching the $2,424-2,425 region due to predictions of a Federal Reserve rate cut in September following a mild US inflation report. However, lack of sustained buying and a modest rebound of the dollar from a nearly three-month low caused some sell-off of the safe-haven metal during Friday's Asian session. The underlying positive sentiment in the equity markets also contributed to this trend.
⭐️Personal comments NOVA:
Sentiment is very optimistic in the market after yesterday's CPI news - Gold prices maintain an upward momentum to close to the old all-time high
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2393 - $2391 SL $2388 scalping
TP1: $2397
TP2: $2400
TP3: $2405
🔥SELL GOLD zone: $2450 - $2452 SL $2457
TP1: $2440
TP2: $2430
TP3: $2420
⭐️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
Note
Price decreased during the Asian session - approaching the 2400 price rangeNote
Gold price is currently sideways around the 2400-2410 rangeNote
Gold adjusted down to 2400 in the European session, before the PPI newsNote
+ 25 pips, plan day BUY 2391-2393Note
+ 40 pips , plan day BUY 2391-2393Note
+ 70 pips , signal PLAN DAY 2391-2393 , greatNote
+ 130 pips, Signal PLAN DAY BUY 2391-2393Note
+ 230 pips , amazing signal PLAN DAY BUY 2391-2393Note
+270 pips , signal PLAN DAY BUY 2391-2393. Retest 2391 was successful then increased strongly
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.