PPI - Waiting for Gold's new ATH
Atualizado
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) surged over 1% on Monday, driven by safe-haven demand due to concerns about escalating conflicts in the Middle East and Ukraine's unexpected offensive against Russia. Additionally, dovish expectations for the Federal Reserve (Fed) weakened the US Dollar (USD), helping gold move closer to its monthly high during Tuesday's Asian session.
However, the positive market sentiment led to some selling pressure on gold in the same session. Bulls appear cautious, waiting for the upcoming US inflation data before making further moves. Despite this, gold remains near the all-time high reached in July and is likely to break out of the short-term range it has held for the past month.
⭐️Personal comments NOVA:
Gold price increased back to the highest resistance zone 2475-2480. There was an adjustment in the Asian and European sessions to expect to create a new ATH this week: over 2500
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2440 - $2442 SL $2435
TP1: $2455
TP2: $2470
TP3: $2500
🔥SELL GOLD zone: $2518 - $2520 SL $2525
TP1: $2510
TP2: $2500
TP3: $2490
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
Price moves steadily on all 3 EMA lines, Uptrend expected to break ATH
⭐️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 prices (XAU/USD) surged over 1% on Monday, driven by safe-haven demand due to concerns about escalating conflicts in the Middle East and Ukraine's unexpected offensive against Russia. Additionally, dovish expectations for the Federal Reserve (Fed) weakened the US Dollar (USD), helping gold move closer to its monthly high during Tuesday's Asian session.
However, the positive market sentiment led to some selling pressure on gold in the same session. Bulls appear cautious, waiting for the upcoming US inflation data before making further moves. Despite this, gold remains near the all-time high reached in July and is likely to break out of the short-term range it has held for the past month.
⭐️Personal comments NOVA:
Gold price increased back to the highest resistance zone 2475-2480. There was an adjustment in the Asian and European sessions to expect to create a new ATH this week: over 2500
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2440 - $2442 SL $2435
TP1: $2455
TP2: $2470
TP3: $2500
🔥SELL GOLD zone: $2518 - $2520 SL $2525
TP1: $2510
TP2: $2500
TP3: $2490
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
Price moves steadily on all 3 EMA lines, Uptrend expected to break ATH
⭐️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
Trade ativo
Gold price adjusted slightly before today's PPI information - trading around 2460Trade ativo
Gold price is currently sideways around 2460 - 2470 waiting for PPI today
Trade ativo
Sideway accumulates around the 2460 area, a price area contested by buyers and sellersTrade ativo
PPI data is lower than expected (bad for dollar - good for Gold), rising to 2370 areaNota
PPI helps Gold prices increase - positive for gold, the possibility of reaching ATH this week is very largeTrade ativo
Continuing sideways in the price range 2460-2470, buying power is gradually weakening. PPI data contributes to Xau's ability to reach ATH tomorrow
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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