NF - important data ! $2390 entries expected

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The ongoing risk-on climate, represented by global equity market increases, could limit any extreme XAU/USD rally. Traders may hold off on strong bets until the US monthly employment data release. The Nonfarm Payrolls report will shape expectations of future Fed policies, impacting USD demand and giving new momentum to the precious metal, which is set to record gains for a second consecutive week.

⭐️Personal comments NOVA:
Gold price has positive optimism in early July. NF opportunities for prices to continue to rise, expected price range $2390 - $2400

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2390 - $2392 SL $2400
TP1: $2380
TP2: $2365
TP3: $2350

⭐️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 maintaining its price above the 2360 zone

Commentaire:

Gold price continues to trend up in the European session - waiting for NF news

Commentaire:

Gold price sideway waits for NF data today, currently sideway is around 2360

Commentaire:

First 2 data good for dollar - bad for Gold. Gold price decreased to sweep liquidity in the $2,350 area. Unemployment Rate news (June) decidedly bad for the dollar - Gold price bounced back above 2370

Commentaire:

Gold prices rally after today's NF data