Scalping XAU ! Waiting for the Uptrend to surpass 2700 with NF

507
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:

Gold price (XAU/USD) extends its upward momentum for the fourth consecutive day, reaching a new four-month high near $2,680 during early European trading on Friday. Ongoing geopolitical tensions from the prolonged Russia-Ukraine conflict, unrest in the Middle East, trade war concerns, and a softer risk sentiment continue to fuel safe-haven demand for the precious metal.

⭐️Personal comments NOVA:
Uptrend prevails ahead of NF news - Data forecast to be bad for the dollar, gold has a chance to return to the 2700 price zone

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2700 - $2702 SL $2705 scalping
TP1: $2695
TP2: $2690
TP3: $2685


⭐️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

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.