Or / Dollar Américain
Short
Mis à jour

adjustment - accumulate more waiting for interest rate cuts

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) finds support during the Asian session on Friday, recovering some of the previous day's pullback from a five-week high near $2,726. Safe-haven demand remains strong, driven by ongoing geopolitical tensions from the Russia-Ukraine conflict and unrest in the Middle East, as well as concerns about President-elect Donald Trump's proposed tariffs. Additionally, growing expectations that the Federal Reserve (Fed) will implement a third consecutive rate cut at next week’s December policy meeting provide further support for the non-yielding yellow metal.

⭐️Personal comments NOVA:
The price recovered positively during the week around 2700, sideways and accumulated further. Waiting for information about interest rate cuts in December 2024

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2701 - $2703 SL $2706 scalping
TP1: $2695
TP2: $2690
TP3: $2680

🔥SELL GOLD zone: $2721 - $2723 SL $2728
TP1: $2710
TP2: $2700
TP3: $2690

🔥BUY GOLD zone: $2656 - $2654 SL $2649
TP1: $2665
TP2: $2678
TP3: $2690



⭐️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
Transaction en cours
Gold price trades around 2660 during the US session
Trade fermée: cible de profit atteinte
+ 80 pips , PLAN DAY BUY 2656-2654 , amazing profit

Clause de non-responsabilité