Strong XAU Uptrend! wait ATH 2683

已更新
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⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) pulled back from record highs on Wednesday, dropping to around $2,655 in the European session. A risk-on sentiment and overbought conditions led to profit-taking, while a slight US Dollar uptick added pressure. However, expectations of aggressive Fed policy easing may limit the USD's strength, supporting gold.

Geopolitical tensions in the Middle East and US political uncertainty ahead of the November election also help contain gold's downside. Traders await further clues on the Fed's rate-cut path, with attention on FOMC speeches, including Fed Chair Powell's on Thursday, and the US PCE Price Index on Friday. metal.

⭐️Personal comments NOVA:
Still a strong bullish force reaching the all-time highest ATH of 2670. The fomo from the market may continue throughout this week

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2626 - $2628 SL $2620
TP1: $2635
TP2: $2642
TP3: $2650


🔥SELL GOLD zone: $2683 - $2685 SL $2690
TP1: $2670
TP2: $2655
TP3: $2640

⭐️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
交易進行
Gold price decreased and adjusted slightly around the 2650 - 2660 range
交易進行
Gold price decreased - sideway around 2655 during the European session
交易進行
Tomorrow's GDP NEWS becomes very important - impacting the gold market growth this week
交易進行
Gold price corrected around 2650 - maybe the increase has slowed down. 2670 new peaks were established
Beyond Technical AnalysisTechnical IndicatorssellgoldsellsetupsellsignalselltradesellzoneshortgoldshortsetupTrend Analysisxauusdsellxauusdshort

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