NF - the market becomes negative! XAU decrease

1 พ.ย.

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) regain some ground on Friday, supported by uncertainty around the US presidential election and ongoing Middle East tensions, both of which increase demand for safe-haven assets.

However, rising US Treasury yields and a stronger US Dollar (USD) could weigh on Gold. Traders are awaiting Friday’s October employment data, including Nonfarm Payrolls (NFP), Unemployment Rate, and Average Hourly Earnings, for further direction. Strong results could reduce expectations for a softer policy approach by the Federal Reserve (Fed), potentially adding pressure on the non-yielding yellow metal.

⭐️Personal comments NOVA:
After yesterday's unemployment data - good for the dollar - gold fell sharply. This could be a sign of a major correction as important NF data is released today

⭐️SET UP GOLD PRICE:

🔥SELL GOLD zone: $2762 - $2764 SL $2767 scalping
TP1: $2755
TP2: $2748
TP3: $2740

🔥SELL GOLD zone: $2788 - $2790 SL $2795
TP1: $2780
TP2: $2770
TP3: $2760


🔥BUY GOLD zone: $2712 - $2710 SL $2705
TP1: $2720
TP2: $2730
TP3: $2740

⭐️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

1 พ.ย.

การซื้อขายยังคงดำเนินอยู่

Gold price is recovering and increasing as planned - waiting for the price range 2762-2764

1 พ.ย.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

+ 60 pips, crazy signal PLAN DAY SELL 2762-2764

1 พ.ย.

การซื้อขายยังคงดำเนินอยู่

+ 100 pips , wonderfull SELL 2762-2764

1 พ.ย.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

+ 140 pips, crazy PLAN DAY SELL 2762-2764

1 พ.ย.

การซื้อขายยังคงดำเนินอยู่

+ 220 pips , big profit PLAN DAY SELL 2762-2764

1 พ.ย.

การซื้อขายยังคงดำเนินอยู่

+ 280 pips - PLAN DAY SELL 2762-2764 . Boommm . Plan day is 100% accurate

2 พ.ย.

ออเดอร์ถูกยกเลิก

Gold prices continue to fall below 2700 next week

3 พ.ย.

การซื้อขายยังคงดำเนินอยู่

Update : plan next week : 11/4 - 11/8/2024

Gold (XAU/USD) dipped during a volatile Friday, initially spiking to the $2,760 range after US Nonfarm Payrolls (NFP) data for October reported a sharp drop to just 12K, far below expectations of 113K and September's revised 223K. However, it quickly retreated to the $2,740s.

The decline followed mixed signals from the US ISM Manufacturing PMI data, which showed manufacturing activity slipping to 46.5 in October from 47.2 in September, missing the forecast of 47.6. Conversely, the ISM Prices Paid Index—a key inflation indicator—rose to 54.8, exceeding the anticipated 48.5. This rise may have pressured Gold, as stronger inflation could reduce chances of aggressive rate cuts by the Federal Reserve in upcoming meetings.


RESISTANCE : 2758 , 2780 , 2790
SUPPORT: 2707, 2680 , 2645