BREAK 2400 !! GDP factor causes Gold to DOWN
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⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) prolongs Wednesday's steep decline from the week's high, sustaining intense selling pressure for a second consecutive day on Thursday. This is the fifth negative move in the past six days, pushing the commodity to a two-week low, around the $2,370-2,369 region during the Asian session. Without a new trigger, the drop can be linked to technical selling after breaching the $2,385 support level. This decline may be mitigated by expectations of a dovish Federal Reserve (Fed) stance.
⭐️Personal comments NOVA:
Gold price dropped sharply in the long-term H4 frame - bears prevail, waiting for the nearest support zone $2350
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2350 - $2352 SL $2345
TP1: $2360
TP2: $2370
TP3: $2380
🔥SELL GOLD zone: $2410 - $2412 SL $2417
TP1: $2395
TP2: $2380
TP3: $2370
⭐️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:
Gold price (XAU/USD) prolongs Wednesday's steep decline from the week's high, sustaining intense selling pressure for a second consecutive day on Thursday. This is the fifth negative move in the past six days, pushing the commodity to a two-week low, around the $2,370-2,369 region during the Asian session. Without a new trigger, the drop can be linked to technical selling after breaching the $2,385 support level. This decline may be mitigated by expectations of a dovish Federal Reserve (Fed) stance.
⭐️Personal comments NOVA:
Gold price dropped sharply in the long-term H4 frame - bears prevail, waiting for the nearest support zone $2350
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2350 - $2352 SL $2345
TP1: $2360
TP2: $2370
TP3: $2380
🔥SELL GOLD zone: $2410 - $2412 SL $2417
TP1: $2395
TP2: $2380
TP3: $2370
⭐️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
Gold price is maintaining 2370 in a downtrend (2365 - 2380)Note
Sideway price has a large amplitude of 2365-2380 waiting for GDP dataNote
Downtrend after GDP news, gold touched the 2360 zone
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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