⭐️GOLDEN INFORMATION:
Trump announced Wednesday that tariffs would be temporarily reduced for dozens of countries, offering a short-term reprieve. However, he simultaneously hiked tariffs on Chinese imports to 125% with immediate effect, following Beijing’s retaliatory move to impose 84% duties on US goods. The escalating trade conflict between the world’s two largest economies has reignited concerns over global growth, prompting investors to seek refuge in safe-haven assets like Gold.
“Gold is reclaiming its safe-haven status and appears poised to chart fresh all-time highs,” said Nikos Tzabouras, Senior Market Analyst.
Meanwhile, scaled-back expectations for aggressive Federal Reserve rate cuts could lend support to the US Dollar, potentially limiting gains for the USD-priced metal. That said, traders still anticipate the Fed will begin easing in June, with markets pricing in a full percentage point of rate reductions by year-end.
⭐️Personal comments NOVA:
Gold price continues to increase greatly, the fomo market and attention are focused on the gold investment channel: safe, continue to find new ATH zones
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3245- 3247 SL 3252
TP1: $3230
TP2: $3210
TP3: $3190
🔥BUY GOLD zone: $3168 - $3166 SL $3163 scalping
TP1: $3175
TP2: $3183
TP3: $3190
🔥BUY GOLD zone: $3134 - $3132 SL $3127
TP1: $3145
TP2: $3160
TP3: $3175
⭐️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
Trump announced Wednesday that tariffs would be temporarily reduced for dozens of countries, offering a short-term reprieve. However, he simultaneously hiked tariffs on Chinese imports to 125% with immediate effect, following Beijing’s retaliatory move to impose 84% duties on US goods. The escalating trade conflict between the world’s two largest economies has reignited concerns over global growth, prompting investors to seek refuge in safe-haven assets like Gold.
“Gold is reclaiming its safe-haven status and appears poised to chart fresh all-time highs,” said Nikos Tzabouras, Senior Market Analyst.
Meanwhile, scaled-back expectations for aggressive Federal Reserve rate cuts could lend support to the US Dollar, potentially limiting gains for the USD-priced metal. That said, traders still anticipate the Fed will begin easing in June, with markets pricing in a full percentage point of rate reductions by year-end.
⭐️Personal comments NOVA:
Gold price continues to increase greatly, the fomo market and attention are focused on the gold investment channel: safe, continue to find new ATH zones
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3245- 3247 SL 3252
TP1: $3230
TP2: $3210
TP3: $3190
🔥BUY GOLD zone: $3168 - $3166 SL $3163 scalping
TP1: $3175
TP2: $3183
TP3: $3190
🔥BUY GOLD zone: $3134 - $3132 SL $3127
TP1: $3145
TP2: $3160
TP3: $3175
⭐️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
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.