Correction Warning for Gold - Back Below 2700
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Initial Jobless Claims for the week ending January 10 increased to 217K, up from 201K the prior week and falling short of the 210K forecast. Recent inflation data and comments from Fed Governor Waller weighed on the US Dollar, as traders grew optimistic about an earlier rate cut. Waller suggested a rate reduction could be considered in the March meeting, noting that inflation is nearing the Fed's 2% target. Meanwhile, Chicago Fed President Austan Goolsbee expressed confidence in the labor market's stabilization during an interview with The Wall Street Journal.
⭐️Personal comments NOVA:
Gold has completed its recovery to 2724, and the large sellers in this area will push the price back below 2700 before consolidating and rising again. This is consistent with the market awaiting the inauguration of President TRUMP.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2688 - $2686 SL $2681
TP1: $2695
TP2: $2702
TP3: $2710
🔥SELL GOLD zone: $2723 - $2725 SL $2728 Scalping
TP1: $2718
TP2: $2713
TP3: $2705
🔥SELL GOLD zone: $2732 - $2734 SL $2739
TP1: $2725
TP2: $2710
TP3: $2700
⭐️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
⭐️GOLDEN INFORMATION:
Initial Jobless Claims for the week ending January 10 increased to 217K, up from 201K the prior week and falling short of the 210K forecast. Recent inflation data and comments from Fed Governor Waller weighed on the US Dollar, as traders grew optimistic about an earlier rate cut. Waller suggested a rate reduction could be considered in the March meeting, noting that inflation is nearing the Fed's 2% target. Meanwhile, Chicago Fed President Austan Goolsbee expressed confidence in the labor market's stabilization during an interview with The Wall Street Journal.
⭐️Personal comments NOVA:
Gold has completed its recovery to 2724, and the large sellers in this area will push the price back below 2700 before consolidating and rising again. This is consistent with the market awaiting the inauguration of President TRUMP.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2688 - $2686 SL $2681
TP1: $2695
TP2: $2702
TP3: $2710
🔥SELL GOLD zone: $2723 - $2725 SL $2728 Scalping
TP1: $2718
TP2: $2713
TP3: $2705
🔥SELL GOLD zone: $2732 - $2734 SL $2739
TP1: $2725
TP2: $2710
TP3: $2700
⭐️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
Dagangan aktif
Gold price adjusted down to 2702 then continued its uptrend
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
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
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
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.