Downward correction - waiting to create ATH in US session
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices remain steady despite the Fed’s hawkish stance, as it unanimously kept interest rates at 4.25%–4.50% on Wednesday, citing economic resilience, slow inflation progress, and a strengthening labor market. Meanwhile, uncertainty surrounds Trump’s trade policies, with a Saturday deadline for 25% tariffs on Mexico and Canada, alongside plans for broader levies exceeding the 2.5% previously suggested by Treasury Secretary Scott Bessent. The swaps market currently prices in 50 bps of Fed rate cuts for 2025.
⭐️Personal comments NOVA:
Gold price is still sideways around the price range of 2785 - 2800, accumulating and waiting for PCE news in the US session.
⭐️SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2786 - $2784 SL $2781
TP1: $2790
TP2: $2795
TP3: $2800
⭐️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
⭐️GOLDEN INFORMATION:
Gold prices remain steady despite the Fed’s hawkish stance, as it unanimously kept interest rates at 4.25%–4.50% on Wednesday, citing economic resilience, slow inflation progress, and a strengthening labor market. Meanwhile, uncertainty surrounds Trump’s trade policies, with a Saturday deadline for 25% tariffs on Mexico and Canada, alongside plans for broader levies exceeding the 2.5% previously suggested by Treasury Secretary Scott Bessent. The swaps market currently prices in 50 bps of Fed rate cuts for 2025.
⭐️Personal comments NOVA:
Gold price is still sideways around the price range of 2785 - 2800, accumulating and waiting for PCE news in the US session.
⭐️SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2786 - $2784 SL $2781
TP1: $2790
TP2: $2795
TP3: $2800
⭐️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
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
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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