Gold price recovers slightly - fluctuates below 2650
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) dip slightly in thin post-Christmas trading, hovering near $2,630 during the Asian session on Friday. However, the metal may find support as markets look for clues about the US economy under the incoming Trump administration and the Federal Reserve’s 2025 rate outlook.
Gold, as a non-yielding asset, benefits from moderate US PCE inflation data that casts doubt on limited Fed rate cuts next year, suggesting potential for further reductions. Its safe-haven demand is further supported by ongoing geopolitical risks, including the prolonged Russia-Ukraine war and tensions in the Middle East.
⭐️Personal comments NOVA:
Short-term recovery at the end of the week - continued lack of liquidity, sideways below the 2650 area
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2650 - $2648 SL $2655
TP1: $2640
TP2: $2630
TP3: $2620
🔥BUY GOLD zone: $2616 - $2618 SL $2611
TP1: $2622
TP2: $2630
TP3: $2640
⭐️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 (XAU/USD) dip slightly in thin post-Christmas trading, hovering near $2,630 during the Asian session on Friday. However, the metal may find support as markets look for clues about the US economy under the incoming Trump administration and the Federal Reserve’s 2025 rate outlook.
Gold, as a non-yielding asset, benefits from moderate US PCE inflation data that casts doubt on limited Fed rate cuts next year, suggesting potential for further reductions. Its safe-haven demand is further supported by ongoing geopolitical risks, including the prolonged Russia-Ukraine war and tensions in the Middle East.
⭐️Personal comments NOVA:
Short-term recovery at the end of the week - continued lack of liquidity, sideways below the 2650 area
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2650 - $2648 SL $2655
TP1: $2640
TP2: $2630
TP3: $2620
🔥BUY GOLD zone: $2616 - $2618 SL $2611
TP1: $2622
TP2: $2630
TP3: $2640
⭐️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
Trade active
Correct trend, gold price increased to 2640 area then adjusted downTrade closed: target reached
+ 40 pips , signal PLAN DAY BUY 2616-2618 , great 
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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