FOMC - ADP NF Gold price fluctuated strongly today

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) slightly increases to $2,288 during the Asian session on Wednesday. This is due to cautious market sentiment ahead of the Federal Reserve's monetary policy meeting. The US ISM Manufacturing PMI and ADP Employment Change will be released later in the day.

⭐️Personal comments NOVA:
Gold price is completing a DOWN correction. Today with many important economic data such as: PMI, ADP - NF and FOMC will determine the Gold price trend in early May until 2024.

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2260 - $2262 SL $2255
TP1: $2270
TP2: $2278
TP3: $2285

🔥SELL GOLD zone: $2324 - $2326 SL $2330
TP1: $2310
TP2: $2295
TP3: $2280

⭐️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

評論:

Gold price sideway range $2280 -$2290 waiting for important economic data today

評論:

Gold prices increased back to the 2300 area, under pressure from the FOMC meeting to continue keeping interest rates unchanged

評論:

Gold prices are showing instability as the FOMC meeting approaches

評論:

Gold price increased to $2,300 and waited for the FOMC meeting

評論:

+ 50 pips, PLAN DAY SELL 2324-2326