PCE keeps gold stable above $2300
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) struggles to grow from a recent bounce, meeting new supply in Friday's Asian session. A resurgent US Dollar (USD) reaching a two-month high is hindering the commodity's progress. However, potential Federal Reserve interest rate cuts and geopolitical uncertainties in the Middle East and Russia-Ukraine provide support for the safe-haven XAU/USD.
⭐️Personal comments NOVA:
Gold price is still accumulating at the end of June 2024, sideway around $2300 - $2340
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2304 - $2302 SL $2297
TP1: $2310
TP2: $2320
TP3: $2330
🔥SELL GOLD zone: $2340 - $2342 SL $2347
TP1: $2330
TP2: $2320
TP3: $2310
⭐️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 price (XAU/USD) struggles to grow from a recent bounce, meeting new supply in Friday's Asian session. A resurgent US Dollar (USD) reaching a two-month high is hindering the commodity's progress. However, potential Federal Reserve interest rate cuts and geopolitical uncertainties in the Middle East and Russia-Ukraine provide support for the safe-haven XAU/USD.
⭐️Personal comments NOVA:
Gold price is still accumulating at the end of June 2024, sideway around $2300 - $2340
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2304 - $2302 SL $2297
TP1: $2310
TP2: $2320
TP3: $2330
🔥SELL GOLD zone: $2340 - $2342 SL $2347
TP1: $2330
TP2: $2320
TP3: $2310
⭐️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
Note
Gold price traded around 2320-2330 during the Asian session on FridayNote
Gold price rises above 2330 in European sessionNote
Gold prices continue to rise thanks to good PCE data for GoldNote
+ 40 pips, signal PLAN DAY SELL zone 2340-2342Note
+ 120 pips , signal PLAN DAY SELL zone 2340-2342Note
+ 150 pips, signal PLAN DAY XAU ZONE 2340-2342
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.