Decision week of 2023, gold price above $2000?
Updated
✍️ NOVA hello everyone, Let's comment on gold price Decision week of 2023:18/12 - 22/12/2023
🔥 World situation:
After the FED meeting on keeping interest rates unchanged, Gold prices have increased sharply again and the chance of ending the year above $2000 is huge. Because the last week of 2023 does not have important economic data and investor psychology is also very satisfied with the current Gold price.
🔥 Identify:
Prices will stabilize above $2000 to end a successful year for Gold
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H1 frame, NOVA identifies the important key areas as follows:
Resistance: $2043
Support : $2008, $1995
🔥 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
🔥 World situation:
After the FED meeting on keeping interest rates unchanged, Gold prices have increased sharply again and the chance of ending the year above $2000 is huge. Because the last week of 2023 does not have important economic data and investor psychology is also very satisfied with the current Gold price.
🔥 Identify:
Prices will stabilize above $2000 to end a successful year for Gold
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H1 frame, NOVA identifies the important key areas as follows:
Resistance: $2043
Support : $2008, $1995
🔥 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
In the first trading session of the week, you can pay attention to the trend-breaking resistance zone: 2024-2026. The price range is important to decide whether the price is stable or not
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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