⭐️GOLDEN INFORMATION:
Suki Cooper, an analyst at Standard Chartered, noted, “Gold is often seen as a liquid asset that investors turn to when they need to meet margin calls in other areas, so it's not uncommon for gold to decline following a risk event, considering its function within a diversified portfolio.”
On the data front, the US economic calendar showed a solid employment report, with private sector employers adding more than 200,000 jobs in March. Although the Unemployment Rate ticked up slightly, Bloomberg suggested this was “largely due to rounding.”
According to figures from Prime Market Terminal, money market participants have already priced in more than 1% worth of rate cuts from the Federal Reserve by 2025.
⭐️Personal comments NOVA:
Short-term downtrend, disputed price zone 3054 - 2975. Gold price continues to adjust down at the beginning of the week.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3084 - 3086 SL 3091
TP1: $3070
TP2: $3055
TP3: $3040
🔥BUY GOLD zone: $2973 - $2971 SL $2966
TP1: $2980
TP2: $2990
TP3: $3000
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Suki Cooper, an analyst at Standard Chartered, noted, “Gold is often seen as a liquid asset that investors turn to when they need to meet margin calls in other areas, so it's not uncommon for gold to decline following a risk event, considering its function within a diversified portfolio.”
On the data front, the US economic calendar showed a solid employment report, with private sector employers adding more than 200,000 jobs in March. Although the Unemployment Rate ticked up slightly, Bloomberg suggested this was “largely due to rounding.”
According to figures from Prime Market Terminal, money market participants have already priced in more than 1% worth of rate cuts from the Federal Reserve by 2025.
⭐️Personal comments NOVA:
Short-term downtrend, disputed price zone 3054 - 2975. Gold price continues to adjust down at the beginning of the week.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3084 - 3086 SL 3091
TP1: $3070
TP2: $3055
TP3: $3040
🔥BUY GOLD zone: $2973 - $2971 SL $2966
TP1: $2980
TP2: $2990
TP3: $3000
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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.