Nova-Scalper

XAU!! Continued price increase 10/10

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The price of gold (XAU/USD) experienced significant gains of more than 1% on Monday and closed above the mid-$1,800 level due to concerns regarding geopolitical tensions in the Middle East. The safe-haven precious metal, which tends to benefit from political and economic instability, is receiving additional support from the ongoing decline in US Treasury bond yields. This decline is a result of reduced expectations for further interest rate hikes by the Federal Reserve (Fed). Furthermore, the subdued performance of the US Dollar (USD) is also contributing to the continued upward movement of gold for the third consecutive day on Tuesday.

⭐️Personal comments NOVA:
The Israeli war continues to negatively affect the US economy, the value of the dollar declines, an opportunity for gold prices this week

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $1847 - $1850 SL $1840
TP1: $1858
TP2: $1865
TP3: $1880

🔥SELL GOLD zone: $1867 - $1865 SL $1870 ( scalping )
TP1: 1862
TP2: 1858
TP3: 1855

🔥SELL GOLD zone: $1882 - $1885 SL $1892
TP1: 1875
TP2: 1868
TP3: 1855


⭐️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
- The winner is the one who sticks with the market the longest

Dear My Friends,

NOVA returns and updates new information

✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.

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t.me/Novascalperchannel
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