⭐️GOLDEN INFORMATION:
US economic data delivered mixed signals. Import prices stayed subdued, while the New York Fed Manufacturing Index outperformed expectations, with several internal components also showing strength. However, inflationary pressures resurfaced as prices paid climbed back into expansionary territory, and the six-month business outlook showed signs of weakening.
Looking ahead, gold traders will closely monitor March Retail Sales and remarks from several Federal Reserve officials, particularly Fed Chair Jerome Powell’s speech on Wednesday. Additional focus will be on upcoming housing figures and weekly Initial Jobless Claims to gauge the broader economic landscape.
⭐️Personal comments NOVA:
After accumulating at the beginning of the week, gold price started to grow strongly reaching 3275 and will continue to move towards the new ATH zone.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3288- 3290 SL 3295
TP1: $3270
TP2: $3250
TP3: $3235
🔥BUY GOLD zone: $3167 - $3165 SL $3160
TP1: $3180
TP2: $3200
TP3: $3220
⭐️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
US economic data delivered mixed signals. Import prices stayed subdued, while the New York Fed Manufacturing Index outperformed expectations, with several internal components also showing strength. However, inflationary pressures resurfaced as prices paid climbed back into expansionary territory, and the six-month business outlook showed signs of weakening.
Looking ahead, gold traders will closely monitor March Retail Sales and remarks from several Federal Reserve officials, particularly Fed Chair Jerome Powell’s speech on Wednesday. Additional focus will be on upcoming housing figures and weekly Initial Jobless Claims to gauge the broader economic landscape.
⭐️Personal comments NOVA:
After accumulating at the beginning of the week, gold price started to grow strongly reaching 3275 and will continue to move towards the new ATH zone.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3288- 3290 SL 3295
TP1: $3270
TP2: $3250
TP3: $3235
🔥BUY GOLD zone: $3167 - $3165 SL $3160
TP1: $3180
TP2: $3200
TP3: $3220
⭐️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
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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.