XAU recovery after FOMC !!
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices surged above $2,300 as the Federal Reserve announced a slower balance sheet reduction and provided no indication of lowering interest rates. Fed Chair Jerome Powell stated that rate cuts would only be considered once inflation reaches its 2% target.
⭐️Personal comments NOVA:
Gold price recovered above $2,300 after the FOMC meeting on Wednesday. keeping interest rates unchanged - the economy is still facing many difficulties, Gold continues to become a safe investment channel and has the trust of investors.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2307 - $2309 SL $2304 scalping ( Use the Asian and European trading sessions )
TP1: $2315
TP2: $2320
TP3: $2325
🔥SELL GOLD zone: $2340 - $2342 SL $2347
TP1: $2332
TP2: $2325
TP3: $2315
⭐️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 prices surged above $2,300 as the Federal Reserve announced a slower balance sheet reduction and provided no indication of lowering interest rates. Fed Chair Jerome Powell stated that rate cuts would only be considered once inflation reaches its 2% target.
⭐️Personal comments NOVA:
Gold price recovered above $2,300 after the FOMC meeting on Wednesday. keeping interest rates unchanged - the economy is still facing many difficulties, Gold continues to become a safe investment channel and has the trust of investors.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2307 - $2309 SL $2304 scalping ( Use the Asian and European trading sessions )
TP1: $2315
TP2: $2320
TP3: $2325
🔥SELL GOLD zone: $2340 - $2342 SL $2347
TP1: $2332
TP2: $2325
TP3: $2315
⭐️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 dropped unexpectedly during Thursday trading session in Asia and EuropeNote
Gold price fell sharply below the $2280 area after the release of US dataNote
Gold price has sideways around the $2300 area, still in a DOWN rhythm
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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