ADP - NF, waiting for Gold price to touch $2150

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) declines during Asian session on Wed, partially reversing previous day's gains. Profit-taking and repositioning trade ahead of Fed Chair Powell's testimony may be contributing factors. Investors will closely analyze Powell's remarks for clues about Fed's rate-cut path and its impact on USD, which will influence gold price dynamics.

⭐️Personal comments NOVA:
Still giving priority to the rise of Gold, the market is too positive and looking forward to a new ATH point for Gold

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2080 - $2082 SL $2075
TP1: $2095
TP2: $2110
TP3: $2130

Can Scalping BUY area 2110-2108

🔥SELL GOLD zone: $2148 - $2150 SL $2155
TP1: $2140
TP2: $2125
TP3: $2110/b]

⭐️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

Commentaire:

GOLD price is currently sideways around the area above $2,120

Commentaire:

Gold price sideway waiting for ADP - NF news today

Commentaire:

Gold price is still trying to increase pressure near the $2140 area, ADP-NF data is bad for the dollar, good for Gold

Commentaire:

+ 45 pips, signal PLAN DAY SELL 2148-2150

Commentaire:

+ 75 pips, plan day SELL 2148-2150

Commentaire:

+ 175 pips, plan SELL 2148-2150

Commentaire:

Gold prices show determination to reach new peaks in March.

Transaction en cours:

Gold price increased sharply beyond the $2150 Resistance Zone, waiting for the next high price zone from Gold

set up SELL $2178-$2180 SL 2185

TP: 50 - 100 - 150 pips