黃金現貨 / 美元
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Signs of price increase next week! XAU

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✍️ NOVA hello everyone, Let's comment on gold price next week from 9-13/10/2023

🔥 World situation:
With the complicated economic situation, after the Ukrainian war and most recently Israel's internal war. There will be negative impacts on the US economy because the US is also contributing a significant part to the country's politics.

Along with a lot of economic data that is not very positive for the US economy next week

🔥 Identify:
With negative signs in both US and world politics and economy. Gold prices have a chance to recover and increase sharply next week

🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:

Resistance: $1848, $1863, $1880
Support : $1810, $1790



🔥 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

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