⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price has ended its losing streak that started on September 25th, and is now trading at around $1,830 per troy ounce during the early Asian trading session on Thursday. However, the price of gold may face challenges due to cautious market sentiment regarding the future interest rate trajectory of the US Federal Reserve (Fed).
The market sentiment is leaning towards lower year-end forecasts for spot gold prices, driven by the ongoing expectation of higher interest rates from the US Federal Reserve (Fed).
The US Dollar Index (DXY) has retreated from an 11-month high following weaker US employment data on Wednesday, which could lead to lower US Treasury yields. At the time of writing, the DXY is trading lower at around 106.60.
⭐️Personal comments NOVA:
The downward momentum gradually weakened, short-term price adjustments increased during the week
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1818 - $1820 SL $1810
TP1: $1825
TP2: $1830
TP3: $1838
🔥SELL GOLD zone: $1838 - $1840 SL $1846
TP1: 1832
TP2: 1825
TP3: 1818
🔥SELL GOLD zone: $1853 - $1855 SL $1862
TP1: 1845
TP2: 1838
TP3: 1830
⭐️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:
Gold price has ended its losing streak that started on September 25th, and is now trading at around $1,830 per troy ounce during the early Asian trading session on Thursday. However, the price of gold may face challenges due to cautious market sentiment regarding the future interest rate trajectory of the US Federal Reserve (Fed).
The market sentiment is leaning towards lower year-end forecasts for spot gold prices, driven by the ongoing expectation of higher interest rates from the US Federal Reserve (Fed).
The US Dollar Index (DXY) has retreated from an 11-month high following weaker US employment data on Wednesday, which could lead to lower US Treasury yields. At the time of writing, the DXY is trading lower at around 106.60.
⭐️Personal comments NOVA:
The downward momentum gradually weakened, short-term price adjustments increased during the week
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1818 - $1820 SL $1810
TP1: $1825
TP2: $1830
TP3: $1838
🔥SELL GOLD zone: $1838 - $1840 SL $1846
TP1: 1832
TP2: 1825
TP3: 1818
🔥SELL GOLD zone: $1853 - $1855 SL $1862
TP1: 1845
TP2: 1838
TP3: 1830
⭐️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
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/Novascalperchannel
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/Novascalperchannel
