FOMC! The most important news in September 2024
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) found support from buyers during the Asian session on Wednesday, halting the previous day's pullback near record highs. Expectations of aggressive rate cuts by the Federal Reserve have kept the US Dollar from fully recovering, helping to support gold prices. Additionally, concerns over potential conflict escalation in the Middle East and political uncertainty in the US ahead of the November elections continue to boost the safe-haven appeal of gold.
However, investors are likely to remain cautious ahead of key central bank meetings this week. The Fed will announce its decision on Wednesday, followed by the Bank of England on Thursday and the Bank of Japan on Friday, which could drive market volatility and impact gold prices.
⭐️Personal comments NOVA:
Gold price decreased slightly - sideway around 2560-2590 before FOMC, Lower interest rates brought positivity to XAU. Waiting for the new ATH to reach 2603 and then drop sharply to gain liquidity below
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2564 - $2562 SL $2557
TP1: $2570
TP2: $2580
TP3: $2590
🔥BUY GOLD zone: $2545 - $2547 SL $2540
TP1: $2550
TP2: $2560
TP3: $2570
🔥SELL GOLD zone: $2603 - $2605 SL $2610
TP1: $2595
TP2: $2580
TP3: $2570
⭐️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
- The winner is the one who sticks with the market the longest
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) found support from buyers during the Asian session on Wednesday, halting the previous day's pullback near record highs. Expectations of aggressive rate cuts by the Federal Reserve have kept the US Dollar from fully recovering, helping to support gold prices. Additionally, concerns over potential conflict escalation in the Middle East and political uncertainty in the US ahead of the November elections continue to boost the safe-haven appeal of gold.
However, investors are likely to remain cautious ahead of key central bank meetings this week. The Fed will announce its decision on Wednesday, followed by the Bank of England on Thursday and the Bank of Japan on Friday, which could drive market volatility and impact gold prices.
⭐️Personal comments NOVA:
Gold price decreased slightly - sideway around 2560-2590 before FOMC, Lower interest rates brought positivity to XAU. Waiting for the new ATH to reach 2603 and then drop sharply to gain liquidity below
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2564 - $2562 SL $2557
TP1: $2570
TP2: $2580
TP3: $2590
🔥BUY GOLD zone: $2545 - $2547 SL $2540
TP1: $2550
TP2: $2560
TP3: $2570
🔥SELL GOLD zone: $2603 - $2605 SL $2610
TP1: $2595
TP2: $2580
TP3: $2570
⭐️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
- The winner is the one who sticks with the market the longest
Trade active
Gold price decreased slightly and returned below the 2570 markTrade active
Gold price falls below 2570 in European session - waiting for FOMC tonightTrade active
sideway waiting for FOMC today - fluctuating around 2570Trade active
Slight upward price move of 2580 during the US wednesday sessionTrade active
GOLD FLAT AS INVESTORS FOCUS ON FED
Gold prices were flat on Wednesday as investors weighed chances of an outsized interest rate cut by the Federal Reserve later in the day.
Trade active
Uptrend before and after accurate news - waiting for correction from XAUTrade active
+ 150 pips, signal plan day 2545-2547 great Trade active
+ 200 pips , signal plan day BUY 2545-2547 
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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