Gold's growth momentum continues
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is experiencing slight increases above the $2,050 level in the early Asian session on Tuesday. The rising tensions in the Red Sea and the prevailing risk-off sentiment favor the demand for safe-haven assets like gold. Currently, the gold price is being traded at $2,055, registering a 0.06% gain for the day.
In the meantime, the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trading partners, continues to consolidate near 102.60 since the beginning of the year. The yields on Treasury bonds are decreasing, with the 10-year yield currently at 3.95%.
⭐️Personal comments NOVA:
Today's FOMC meeting will partly determine the Gold trend for the week, along with news of military tensions that will have a positive impact on Gold and precious metals.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2040 - $2042 SL $2034
TP1: $2050
TP2: $2058
TP3: $2067
🔥SELL GOLD zone: $2067 - $2069 SL $2075
TP1: $2060
TP2: $2050
TP3: $2040
⭐️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:
The price of gold (XAU/USD) is experiencing slight increases above the $2,050 level in the early Asian session on Tuesday. The rising tensions in the Red Sea and the prevailing risk-off sentiment favor the demand for safe-haven assets like gold. Currently, the gold price is being traded at $2,055, registering a 0.06% gain for the day.
In the meantime, the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trading partners, continues to consolidate near 102.60 since the beginning of the year. The yields on Treasury bonds are decreasing, with the 10-year yield currently at 3.95%.
⭐️Personal comments NOVA:
Today's FOMC meeting will partly determine the Gold trend for the week, along with news of military tensions that will have a positive impact on Gold and precious metals.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2040 - $2042 SL $2034
TP1: $2050
TP2: $2058
TP3: $2067
🔥SELL GOLD zone: $2067 - $2069 SL $2075
TP1: $2060
TP2: $2050
TP3: $2040
⭐️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
Note
Gold price decreased slightly below the 2050 area. Adjusted to get better buying powerNote
+ 20 pips , signal BUY 2040-2042Note
Gold declines as the dollar and US Treasury bond yields rise, while investors await comments from a group of US Federal officials this week to learn more about the path of interest rates.Note
Actual data are not good for the Dollar. Gold prices rebounded strongly and returned to the 2040 area.Trade active
Support zone: set up scalping signalBuy 2023-2025 SL 2020
TP: 2028, 2033
Note
+ 40 pips, for signal BUY SCALPING , buy 2023-2025Note
+ 75 pips , for signal BUY scalping 2023-2025
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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