CPI - Can Gold Price Surpass ATH?
Aktualisiert
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) faced fresh selling after a brief rise to the $2,472-2,473 area during the Asian session and fell for the second consecutive day on Wednesday. A positive mood in the equity markets is drawing investors away from the safe-haven metal. Additionally, some traders are adjusting positions ahead of the key US consumer inflation data, set to be released later today.
However, concerns about a broader Middle East conflict and expectations of a dovish Federal Reserve (Fed) should help limit further losses. Tuesday's data indicated that inflation is slowing, increasing the likelihood of deeper Fed rate cuts, which keeps the US Dollar (USD) near a one-week low and could provide some support to gold, making aggressive bearish moves risky.
⭐️Personal comments NOVA:
Need to surpass ATH 2482, Gold price needs to create more liquidity, needs an adjustment period to continue increasing. CPI today, experts' expectations for Gold to decrease more
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2441 - $2439 SL $2434
TP1: $2455
TP2: $2470
TP3: $2485
🔥SELL GOLD zone: $2485 - $2487 SL $2490 scalping
TP1: $2480
TP2: $2470
TP3: $2460
🔥SELL GOLD zone: $2500 - $2502 SL $2507
TP1: $2490
TP2: $2480
TP3: $2470
⭐️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
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) faced fresh selling after a brief rise to the $2,472-2,473 area during the Asian session and fell for the second consecutive day on Wednesday. A positive mood in the equity markets is drawing investors away from the safe-haven metal. Additionally, some traders are adjusting positions ahead of the key US consumer inflation data, set to be released later today.
However, concerns about a broader Middle East conflict and expectations of a dovish Federal Reserve (Fed) should help limit further losses. Tuesday's data indicated that inflation is slowing, increasing the likelihood of deeper Fed rate cuts, which keeps the US Dollar (USD) near a one-week low and could provide some support to gold, making aggressive bearish moves risky.
⭐️Personal comments NOVA:
Need to surpass ATH 2482, Gold price needs to create more liquidity, needs an adjustment period to continue increasing. CPI today, experts' expectations for Gold to decrease more
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2441 - $2439 SL $2434
TP1: $2455
TP2: $2470
TP3: $2485
🔥SELL GOLD zone: $2485 - $2487 SL $2490 scalping
TP1: $2480
TP2: $2470
TP3: $2460
🔥SELL GOLD zone: $2500 - $2502 SL $2507
TP1: $2490
TP2: $2480
TP3: $2470
⭐️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
Trade ist aktiv
Gold price has increased again around 2470, still in dispute and sideways before CPI news today
Trade ist aktiv
Gold price increased strongly during the European session - waiting for Plan day SELL 2485-2487Trade ist aktiv
Conflicting data (2 good - 1 bad for the dollar). Gold price was pushed to 2480 then dropped sharply to create more liquidity in mid-August 2024Trade ist aktiv
Gold price gradually decreased to the liquidity zone 2441 - decreased after CPI newsTrade ist aktiv
+ 25 pips, signal PLAN DAY BUY 2441-2439Trade ist aktiv
+ 50 pips , great PLAN DAY BUY 2439-2441 Kommentar
+ 60 pips, plan day BUY 2439-2441 nice Trade ist aktiv
+ 150 pips , signal PLAN DAY 2439-2441 , amazing Trade ist aktiv
+ 250 pips , signal BUY 2441-2439 , great . Scan liquidity to continue to increase
Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
Verbundene Veröffentlichungen
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.