Bulls continue to increase prices, creating new ATH

598
⭐️GOLDEN INFORMATION:

With little on the US calendar, Fed officials dominated headlines on Monday. St. Louis Fed President Alberto Musalem repeated his hawkish stance, warning that inflation expectations remain elevated despite rising risks of labor market weakness. New York Fed President John Williams noted that policy is restrictive enough to pressure inflation lower, while the labor market shows gradual signs of softening. Meanwhile, Cleveland Fed President Beth Hammack stressed that inflation is still too high and blamed tariffs for stalling the disinflation process.

⭐️Personal comments NOVA:

Markets are positive, rising after expectations of a rate cut in October increased.

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: 3900- 3902 SL 3907
TP1: $3890
TP2: $3880
TP3: $3870


🔥BUY GOLD zone: $3819-$3817 SL $3812
TP1: $3828
TP2: $3840
TP3: $3850

⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.