PMI - revised, cumulative below 2500 ! XAU / USD
Atualizado
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) held firm above the $2,500 mark during the Asian session on Thursday, staying near the record high reached earlier this week. On Wednesday, data revealed that US job growth over the past year was weaker than initially estimated, and the July FOMC meeting minutes showed that several officials supported an immediate rate cut. This strengthened expectations for the Fed to start easing its policy in September, which pushed the US Dollar (USD) to a new low for the year and provided a boost to gold.
Investors are now seeking more clarity on whether the weaker US labor market might justify a larger rate cut next month. This makes Fed Chair Jerome Powell's upcoming speech at the Jackson Hole Symposium crucial for influencing the USD and gold's direction. Meanwhile, the risk-on sentiment is capping further gains for gold, though ongoing tensions between Israel and Hamas could limit any downside. Traders are also keeping an eye on global PMIs and US macro data for short-term opportunities.
⭐️Personal comments NOVA:
almost 100% sure, in September 2024 the FED will cut interest rates, the sentiment is very optimistic about the market. Before the price continues to create ATH, it is necessary to get more liquidity in the area below 2450 - 2500
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2477 - $2475 SL $2470
TP1: $2485
TP2: $2500
TP3: $2510
🔥SELL GOLD zone: $2510 - $2512 SL $2516 scalping
TP1: $2505
TP2: $2500
TP3: $2490
🔥SELL GOLD zone: $2550 - $2552 SL $2557
TP1: $2540
TP2: $2530
TP3: $2520
⭐️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 prices (XAU/USD) held firm above the $2,500 mark during the Asian session on Thursday, staying near the record high reached earlier this week. On Wednesday, data revealed that US job growth over the past year was weaker than initially estimated, and the July FOMC meeting minutes showed that several officials supported an immediate rate cut. This strengthened expectations for the Fed to start easing its policy in September, which pushed the US Dollar (USD) to a new low for the year and provided a boost to gold.
Investors are now seeking more clarity on whether the weaker US labor market might justify a larger rate cut next month. This makes Fed Chair Jerome Powell's upcoming speech at the Jackson Hole Symposium crucial for influencing the USD and gold's direction. Meanwhile, the risk-on sentiment is capping further gains for gold, though ongoing tensions between Israel and Hamas could limit any downside. Traders are also keeping an eye on global PMIs and US macro data for short-term opportunities.
⭐️Personal comments NOVA:
almost 100% sure, in September 2024 the FED will cut interest rates, the sentiment is very optimistic about the market. Before the price continues to create ATH, it is necessary to get more liquidity in the area below 2450 - 2500
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2477 - $2475 SL $2470
TP1: $2485
TP2: $2500
TP3: $2510
🔥SELL GOLD zone: $2510 - $2512 SL $2516 scalping
TP1: $2505
TP2: $2500
TP3: $2490
🔥SELL GOLD zone: $2550 - $2552 SL $2557
TP1: $2540
TP2: $2530
TP3: $2520
⭐️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
Trade ativo
+ 20 pips , PLAN DAY SELL 2510-2512 Trade ativo
+ 55 pips , nice PLAN DAY SELL 2510-2512 Trade ativo
+ 90 pips , PLAN DAY SELL 2510-2512 , amazing Trade ativo
Gold price is currently sideways around 2500-2510 before the US sessionTrade ativo
+ 125 pips , PLAN DAY SELL 2510-2512 , great Trade ativo
+ 190 pips , PLAN DAY SELL 2510-2512 , near FULL TP 3Trade ativo
+ 30 pips , profit PLAN DAY BUY 2475-2477
Crazy
Trade ativo
+ 90 pips, signal PLAN DAY BUY 2475-2477 , crazy todayTrade ativo
+ 110 pips , still profit PLAN DAY BUY 2475-2477 Trade ativo
+ 200 pips, PLAN DAY BUY 2475-2477 , amazing Trade ativo
Gold prices increased strongly after Powell's statements about cutting interest rates in SeptemberTrade ativo
Gold price closed above 2510 before negative statements about interest rate reduction. The market actively waits for a new ATH in September when interest rates decrease
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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