Gold will continue to increase after PPI news !! new peak
Updated
⭐️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
Comment
Price decreased during the Asian session - approaching the 2400 price rangeComment
Gold price is currently sideways around the 2400-2410 rangeComment
Gold adjusted down to 2400 in the European session, before the PPI newsComment
+ 25 pips, plan day BUY 2391-2393Comment
+ 40 pips , plan day BUY 2391-2393Comment
+ 70 pips , signal PLAN DAY 2391-2393 , greatComment
+ 130 pips, Signal PLAN DAY BUY 2391-2393Comment
+ 230 pips , amazing signal PLAN DAY BUY 2391-2393Comment
+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
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