Sideways amplitude is stable, slight increase continues
Updated
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is currently consolidating around $1,930 during the Asian trading session on Wednesday. Market participants are choosing to stay on the sidelines in anticipation of the Federal Reserve (Fed) Interest Rate Decision and FOMC Press Conference. These upcoming events have the potential to cause fluctuations and increased volatility in the market.
At the same time, a measure of the US dollar's value against six major currencies remains steady at around 105.10 after bouncing back from a weekly low of 104.81. The yield on the US 10-year Treasury note has reached its highest level in 16 years, hovering at 4.365%. This rise could help support and prevent further decline for the US Dollar (USD).
⭐️Personal comments NOVA:
Price is still sideways around the 1930 - 1940 trendline area. Expected price can still approach the 1940 area before continuing the main downtrend at the end of the week or next week.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1922 - $1925 SL $1915
TP 1: $1928
TP2: $1932
TP3: $1936
🔥SELL GOLD zone: $1936 - $1938 SL $1945
TP1: 1932
TP2: 1925
TP3: 1920
( maybe SELL small LOT zone 1934- 1936)
⭐️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
- The winner is the one who sticks with the market the longest
⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) is currently consolidating around $1,930 during the Asian trading session on Wednesday. Market participants are choosing to stay on the sidelines in anticipation of the Federal Reserve (Fed) Interest Rate Decision and FOMC Press Conference. These upcoming events have the potential to cause fluctuations and increased volatility in the market.
At the same time, a measure of the US dollar's value against six major currencies remains steady at around 105.10 after bouncing back from a weekly low of 104.81. The yield on the US 10-year Treasury note has reached its highest level in 16 years, hovering at 4.365%. This rise could help support and prevent further decline for the US Dollar (USD).
⭐️Personal comments NOVA:
Price is still sideways around the 1930 - 1940 trendline area. Expected price can still approach the 1940 area before continuing the main downtrend at the end of the week or next week.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $1922 - $1925 SL $1915
TP 1: $1928
TP2: $1932
TP3: $1936
🔥SELL GOLD zone: $1936 - $1938 SL $1945
TP1: 1932
TP2: 1925
TP3: 1920
( maybe SELL small LOT zone 1934- 1936)
⭐️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
- The winner is the one who sticks with the market the longest
Note
The price is going exactly as the chart shows:+ 45 pips from entry 1932.5
Note
+ 35 pips , from entry zone support BUY 1929Note
+ 50 pips , entry zone support BUY 1929Close order signal Buy
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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