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Xauusdsell

Prioritize the DOWN trend !! XAU DECREASE⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price continues its stagnant trend as it struggles to gain traction in the Asian market on Tuesday. The US Dollar benefits from the Federal Reserve's higher interest rates and persistent inflation signs, alongside diminishing Middle East tensions. However, the downside is limited as traders await cues about the Federal Reserve's rate-cut plans. ⭐️ Personal comments NOVA: Price moves in a DECREASING triangle pattern. Wait for break 2328 and target to return to $2300 area ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2306 - $2304 SL $2298 TP1: $2310 TP2: $2318 TP3: $2325 🔥SELL GOLD zone: $2358 - $2360 SL $2365 TP1: $2350 TP2: $2340 TP3: $2330 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
8
Short gold, pointing at 2300!After gold fell below the upward structure today, it fluctuated all the way down. It stopped falling and rebounded after hitting around 2311. However, the rebound was relatively weak and it did not even touch the 2320 position. We currently still hold a short position near the 2323 position. Unfortunately, gold only touched near the 2311 position and did not hit TP: 2310. So what we need to do now is to wait patiently for gold to fall and hit TP. . Since gold has fallen below the upward structure, we cannot blindly insist on being bullish on gold. On the contrary, we should adjust our short-term trading strategies in a timely manner as the market changes. According to the current structure, gold has no ability to resist during the decline. Relatively speaking, gold's short position advantage is slightly better. As gold falls, multiple early supports for gold have turned into resistance. Now gold faces resistance in the 2320-2325 area in the short term, followed by resistance in the 2335-2340 area. The support below is the 2300 mark. According to the current situation, gold is expected to continue its correction and touch the 2300 area. Therefore, in the next short-term trading, we will change our trading strategy as the market trend changes. In short-term trading, we will mainly short on rallies.I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
1
Gold price adjusts below $2,300 next week✍️ NOVA hello everyone, Let's comment on gold price next week from 4/29 - 5/3/2024 🔥 World situation: Gold price falls as US inflation data exceeds expectations, dampening hopes of Fed rate cuts. Annual underlying inflation rises to 2.7% but slows from February's 2.8%. Monthly inflation in line with expectations. Positive for bond yields and USD. 🔥 Identify: Gold price has formed the DOW theory and is in a FIBONACCY correction. Expect prices below $2,300 next week 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2400, $2430, $2455 Support : $2284, $2212 🔥 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
OANDA:XAUUSDShort
by Nova-Scalper
1
Profited $63K this week, will continue to short goldFirst, let’s summarize this week’s trading situation. There were a total of 22 transactions in this week’s trading day, of which 3 transactions suffered losses, with a total loss of about $3.4K. Almost all of the other 19 transactions were made by hitting TP and making a profit. It is about FWB:67K , so the net profit this week is $63K, and the trading winning rate this week is as high as over 86%. It is a very good trading result. I will start a new trading journey tomorrow.I hope we can achieve better trading results in the new week! How do you view the next gold market? Judging from the recent trend of gold, gold's unilateral rise has continued to reach new highs and was blocked near 2430. After geopolitical tensions eased, market risk aversion dissipated, and gold bears counterattacked, falling as low as around 2290 to find support. However, the decline has not been well extended and has not been able to effectively fall below the 2300 mark, indicating that there is still a large amount of buying support below. Then it began to rebound in shock, and on Friday it rebounded and hit the high of 2354 for testing. Although the current correction of gold is limited, the lows have begun to move upward slowly, and the short-term upward channel remains intact.But I think that 2430 is a clear peak, and the 2400 mark has been failed to be successfully crossed after multiple shocks.Now that the high level is gathering momentum, the price has fallen back, and the decline is still expected to continue. However, due to the large amount of buying support from the bulls, a complete decline needs to digest the bulls’ momentum before it can proceed further. Next, we need to focus on the 2355-2360 area.If gold fails to effectively break through this area multiple times, gold will continue to fall back. In trading, the current market fluctuations are actually not small, which is beneficial for short-term trading. However, what needs to be noted in trading is that if you have profits, you must harvest them in time. Don't always covet the profits at the lowest point and the highest point. It is already very good to get most of the profits in the middle. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Profited $12K, continue to short gold after reboundIf you are my follower, I believe you must have followed my trading strategy of shorting gold in the 2345-2350 area. The gold market did not disappoint us. After hitting a high of 2352, gold's rise stalled and continued to fall. The lowest fell back to around 2329. So our gold short position went on to make very substantial profits and once again maintained a 10-game winning streak on the trading record. I just did some statistics and found that I made a profit of FWB:12K in gold trading today, and a total profit of $63K this week including today. In my opinion, this is a very satisfactory trading result.Looks like I'm going to have a nice weekend. After all, as a full-time trader, work is trading, and the rewards from work are used to enjoy life and create value. Because today is Friday, and gold is once again in a volatile trend, with relatively little volatility, so if there are no good trading opportunities, I may end today's transaction. But as far as the current gold market is concerned, although gold has rebounded again, I think it is best not to chase gold now. Because gold has fallen since around 2350, it has limited the room for gold to rise, and the strong resistance above has been confirmed again, so even if gold rebounds in the short term, it will be difficult to sustain. Therefore, my suggestion is to participate in shorting gold again after the rebound, and the target area for shorting gold is the 2340-2345 area. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Boldly short gold in the 2345-2350 areaGold rebounded to above 2340 in the short term, which looks very strong. However, from the perspective of the entire rebound process, although gold has continued to consolidate the bottom during the rising shock, it has provided solid support for gold's rise. However, judging from the overall rebound strength, gold is currently not enough to form a reversal trend. It should only be seen as a repair to this round of decline. So overall, gold's rebound is not strong, so there are still good short-selling opportunities in trading. The current short-term resistance of gold is the 2350 area. Technical pressure is all concentrated in the 2350-2355 area, and this area is exactly 50% of the downward trend from 2417 to 2291, so the 2350 area is a relatively strong resistance area. . Therefore, in trading, we can first boldly short gold in the area near 2345, and then add short gold in the area near 2350. Then just wait for gold to fall and profit! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Gold price has reached the accumulation thresholdGOLD presently has symptoms and symptoms of the moon returning to be pretty strong. With today`s buying and selling rhythm, I will purchase in keeping with the fashion from M5>H1. And Canh Sell Theo resists and Rsi, everyone >Gold Currently Everyone Watches Gold Following Resistance on the Should and Rsi Over Buy. This Gold Selling Rhythm Everyone can watch the Selling from 3>five costs for me. >Current Trend Gold will maximum in all likelihood growth through 235x once more today. Canh Buy 2326>2330 SL 2324 City 2338>2348. >Attention. Sell ​​accompanied Rsi and resisted. Mainstream Buy in keeping with Main Trends 👌👌 ----NEWS------ In latest sessions, gold charges struggled strongly withinside the context of the marketplace looking ahead to crucial financial information to recognise extra approximately the coverage course of americaA Federal Reserve (FED). US gross home product (GDP) information and private intake expenditure (PCE) reviews may be launched on Thursday and Friday (US time), respectively. Traders are anticipating the Fed`s first hobby charge reduce to take region in September. Matt Simpson - senior analyst at City Index - stated that gold charges should fall sharply if reviews display that americaA economic system stays resilient. Any symptoms and symptoms of sudden will increase will boom the Fed's cappotential to hold advantageous financial coverage for an extended duration of time. That will push the USD and US bond yields up and gold charges down. OANDA senior marketplace analyst Kelvin Wong commented that even though gold charges have slipped in some sessions, the technical attitude suggests the opposite: “Gold's fee motion has formed an average reversion decline after checking out intermediate resistance at $2,420/ounce. Gold charges fell 2.7% on Monday April 22 - the worst day by day overall performance in view that June 13, 2022 (almost 2 years) and persisted to increase losses withinside the Asian buying and selling consultation on April 23. Accordingly, the consultation low of 2,291 USD/ounce represents a cumulative lack of 5.8% in comparison to the latest all-time excessive of spot gold fee (2,431 USD/ounce, April 12). "Now, the trouble for gold charges lies in whether or not the upward fashion has ended or not" - the professional asked. To get the answer, Mr. Wong emphasised a few technical indicators. He believes that those are symptoms and symptoms that gold charges will boom withinside the medium time period. The 50-day shifting average (MA) has a tendency to preserve to assist spot gold charges. “Based on a technical evaluation standpoint, gold charges are nonetheless buying and selling above the 50-day shifting average, consistent with the important thing mid-time period assist sector of $2,260 - $2,210 formerly identified. Besides, the retracement degree withinside the Fibonacci indicator lasts from the bottom degree (October 6, 2023) to the very best degree (April 12, 2024). Additionally, the day by day RSI stays above key assist after exiting the overbought sector. This suggests that the medium-time period upward fashion of gold charges from the low degree recorded on February 14, 2024 continues to be intact" - the analyst.
OANDA:XAUUSD
by TheLeader_WOLF
Get ready to start short-term gold sellingToday, I went long gold at 2310 and 2305 respectively and made a very good profit. Gold is currently trading around 2329. Judging from the recent trend of gold, gold has repeatedly touched the 2305 position area and quickly recovered, and this area happens to be the dividing line of the upward trend, indicating that although the bullish momentum has weakened compared with the previous period, there is still room for defense.this is also the reason why gold’s adjustment has not been effectively extended. According to the current trend pattern, although gold is in a correction trend as a whole, unlike the previous unilateral rise pattern, gold is sweeping back and forth during the adjustment process.The non-continuation of the callback sets the tone for a shock adjustment. Therefore, we must master the trading rhythm during the trading process, and never chase the rise and kill the fall! Only in this way can you make stable profits in both long and short transactions! Gold is currently trading near the 2330 area. According to the current situation, gold still has room for a rebound. Above 2330, I will consider gradually starting to short gold. The top will focus on the short-term resistance area of 2335-2340, and the bottom will first focus on the short-term support area of 2320-2315. I will share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have said yes, let us enjoy the journey of making money together!
OANDA:XAUUSDShort
by alongwineer
Prioritize the DOWN trend - GDP news today⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold made some recovery on Wednesday after experiencing two consecutive negative sessions at the start of the week, as geopolitical risks subsided. Despite better-than-expected economic data from the United States (US), a strong US Dollar, and higher US Treasury yields, buyers of the precious metal took advantage of the recent dip. However, by the end of Wednesday, gold closed with a 0.25% loss. The XAU/USD is currently trading at $2,317, down by 0.05%. The tensions in the Middle East appear to have eased after the exchange of fire between Iran and Israel. The expectations for a Federal Reserve (Fed) rate cut in June and July have dissipated, as many market participants now believe that the fed funds rate will be reduced for the first time in September 2024. ⭐️ Personal comments NOVA: Price is moving sideways around the $2310 - $2330 range, but is trending DOWN. Predicting today's GDP news is good for the dollar, Gold continues to DECREASE in correction ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2270 - $2268 SL $2263 TP1: $2278 TP2: $2285 TP3: $2300 🔥SELL GOLD zone: $2339 - $2341 SL $2346 TP1: $2325 TP2: $2310 TP3: $2290 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
6
Go long gold directly, targeting the 2325-2330 area.During the day, gold fell back from above 2330, and the current lowest has touched around 2312. The current short-term trend has started to stop falling after multiple long upper shadow lines appeared during the continuous downward trend. During the decline, the energy of the bulls still showed strong resilience, and the short-term trend began to fluctuate and build a bottom. Although the overall trend was bearish, But after the rebound, there will be better room to fall. So in terms of short-term trading, if you read my last article, you should consider following me to do long gold in the 2316-2314 area, TP: 2325. If you have not participated in the transaction,I still insist on the short-term long gold view and boldly go long gold in the 2316-2314 area. After gold rebounds to the 2325-2330 area, I will consider backhand shorting gold. I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
OANDA:XAUUSDShort
by alongwineer
2
XAUUSD: Is there a reversal in gold? From the point of view of the one-hour chart, gold has broken through the track from the upward channel, and the trend after the breakthrough is temporarily concerned. If it is a false breakthrough, the trend will return to the channel room, when we still maintain the idea of dips. If it is a real breakthrough, the lower track of the uplink channel will form a counter-suppression, and pay attention to the performance near 2370 to make a decision! Today, gold jumped low open, the lowest fell to around 2351, the day's maximum drop of 370 points, around Israel and Iran tensions have cooled, which makes the risk aversion has eased, thus putting pressure on the gold price, from the hour chart is indeed a downward breakthrough, focus on the strength of the rebound to consider short! Want to do more can consider 2344 and 2330 support performance! I will announce the entry time in my group!
FOREXCOM:XAUUSDShort
by HectorBrown1
XAUUSD: Heading towards 2250$| Get Ready For Another Big SellDear Traders, Yesterday was eventful day, Gold dropped till 2291 area and most of the retails liquidity started coming in the market, and as expected price took out most of the liquidity and took the price towards our first selling entry at 2331. However, we have witness strong bearish control at this point and it is likely to see some strong bearish momentum throughout the day. Our likely entry would be 2319$ targeting these areas first, 2290, 2270 and 2250. Good Luck And Trade Safe.
OANDA:XAUUSDShort
by Setupsfx_
4
Grasping the rhythm of both the long and short sides is profit!Because gold failed to touch the 2300 position area again overnight, I adjusted the TP of all short positions yesterday to 2316. Today, in the early morning, all short positions touched the TP: 2316. Although the profit was much less than expected,but the transaction will be safer after adjusting TP. After that, I caught the rebound profit in the area near the 2318 position, hit TP:2330 again, and re-created a short order above 2330, and set TP:2320, currently hitting 2320TP again So far, although gold has made significant adjustments, it has still not effectively fallen below the upward trend line, so gold as a whole still maintains a bullish pattern. However, compared with the previous period, the energy of gold bulls has gradually weakened, while the energy of shorts has gradually become stronger.At present, the small-level box structure of the gold market is being constructed. Before the small-level box structure is broken through, I believe that in short-term trading, high-level shorting will still be the main method, supplemented by low-level longing in due course. Because gold did not break through the area where it started to fall yesterday during the rebound and repair process. If it is a deep V reversal, I think the strength is still slightly lacking, so I think gold is still in the rebound stage, not a trend reversal. Moreover, the top is also facing multiple technical suppression, so for short-term trading, I am more inclined to short gold above the 2325-2330 area. I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
OANDA:XAUUSDShort
by alongwineer
1
XAUUSD- Reversal trend appears strongGold, as I see it, has reacted pretty genuinely to the aid and resistance area at 2330. Currently, the Gold charge is going for walks withinside the H4 frames and beneath and is absolutely at the Seller side. > With the present day fashion and the charge is going for walks all around the residence today, Canh Sell Gold Next for me >Sell Gold Around 2322>2326 SL 2328 City 2316>2306 For Gold, if throughout the Asian consultation it will increase once more and breaks thru 2330, I will replace more. As for the Current Price Frame, every person have to watch Sell Gold in step with the Trend to be safe 😊😊❤️❤️ ------NEWS------ Gold costs persisted to fall barely nowadays after hitting their lowest degree in extra than weeks on fading issues approximately escalating tensions withinside the Middle East, even as buyers wait for crucial monetary information to Know extra approximately americaA hobby charge reduce schedule. Spot gold changed into little modified at $2,321.fifty six an oz. after hitting its lowest due to the fact April 5. The March-April rally in bullion driven gold costs up nearly NYSE:FOUR hundred to a excessive all-time excessive changed into $2,431.29 on April 12. US gold futures had been down 0.2% at $2,342.10. Israeli assaults intensified throughout Gaza in a number of the heaviest shelling in weeks, however with fears of a much wider warfare easing after Iran stated remaining week it had no plans to plans to retaliate after an obvious Israeli drone strike, economic markets display symptoms and symptoms of extra danger appetite. “That way gold, that is regularly visible as a danger haven, has misplaced its position,” stated Julia Khandoshko, CEO of European brokerage Mind Money. Khandoshko stated the marketplace is likewise carefully looking indicators from americaA, in which inflation information and statements from americaA Federal Reserve (FED) advocate hobby quotes might not be reduce in June. Recent remarks from Fed officers advocate there's no pressing want to reduce hobby quotes, decreasing the attraction of zero-coupon bullion. Traders now anticipate the Fed`s incredible reduce will maximum in all likelihood are available in September. Markets will watch US GDP information on Thursday and Personal Consumption Expenditures (PCE) information on Friday for similarly clues at the fitness of the financial system and the timing of cuts. “There are a variety of buyers who overlooked out at the huge rally in gold and can be trying to seize dips like this,” stated Fawad Razaqzada, marketplace analyst at City Index. In different metals markets, spot silver rose 0.4% to $27.29. Autocatalytic steel platinum fell 0.5% to $912.75, even as palladium rose 1.1% to $1,020.12.
OANDA:XAUUSDShort
by TheLeader_WOLF
Don’t be afraid, the rebound is an opportunity to short goldGold has rebounded to around 2332 in the short-term. Many people are definitely afraid that gold will continue to rise to a higher level again. Maybe many people are even chasing gold above 2330. In fact, as emphasized in the first two articles, gold has now fallen below the upward trend, and the short trend is now very strong. The short position is far from over, so even if gold rebounds and repairs in the short term, I am not worried. If you read my previous article, I'm sure you know the orders I currently hold. To be honest, I currently hold short positions near 2316, 2320, 2325 and 2330. Although gold has just fallen back to around 2315 in the short term, all my orders have made good profits. But I still did not choose to close the order. I firmly held the order until it hit TP: 2305. Gold started to fall from the 2335 position during the day, and gold did not even touch the 2335 position during the rebound. Therefore, it is confirmed that gold is only rebounding and repairing during the decline, rather than a trend reversal. Gold bears will continue to perform, and I expect gold to continue to fall back or even test the 2290 area support again. So I thought it was reasonable for me to set up the TP2305 during the transaction. Therefore, don’t worry about gold’s rebound and recovery in the short term. Instead, I think this is a good opportunity for the market to go short again. I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
OANDA:XAUUSDShort
by alongwineer
Gold drops $100, can we go long?Gold started to fall from the 2401 position on Friday, and the lowest has fallen back to around the 2296 position, with a drop of $105. With such a large correction, I believe the bulls are ready to make a move, so can I go long on gold now? Although gold has fallen sharply, it still remains above 2300, so gold has not yet fallen below the upward trend line. From a large-scale perspective, gold as a whole is still in an upward trend. The sharp decline in gold at the short-term level has digested the technical head and shoulders pattern. And although the situation in the Middle East has eased at the news level, the risks have not disappeared. Therefore, after all the negative factors for gold appear, whether it is technical or news support, gold should rebound to a certain extent. I think this should be the trading idea of most bulls. In fact, according to the current trend of gold, gold has fallen sharply and has broken through multiple key supports. The early key support areas have gradually turned into resistance areas. This is why even if there are occasional local rebounds during the decline, they are not strong. In terms of small-level trends, gold did stop its decline in the 2300 area, but gold has already made an attempt. It stands to reason that there will be at least a second attempt to fall again and hit the 2300 area. Moreover, the rapid and sharp decline of gold will cause a series of selling waves and accelerate the decline of gold. Therefore, I think it is best not to go long gold against the trend now. On the contrary, a small-level rebound is very likely to be an opportunity to short gold. Finally, everyone also needs to learn from previous transactions. Gold has been rising all the way in the past period, and it has also risen by a lot. How many people have suffered a bloody loss in short trading? Those are bloody lessons. So now the wind direction has changed. During the sharp decline of gold, stop thinking about speculating on long gold. Waiting for gold to rebound and shorting are the only way to follow the trend. In the short term, the main focus is on the resistance in the 2320-2325 area above. I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
OANDA:XAUUSDShort
by alongwineer
BREAK 2360, Gold price adjusted DOWN⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) experienced a significant drop of over 2% on Monday, marking its largest daily decline since June 13, 2022. This decrease was primarily attributed to diminishing concerns about a broader conflict in the Middle East, which led to a reduced demand for traditional safe-haven assets. Additionally, the non-yielding yellow metal was dragged down below $2,300 levels, reaching a two-week low during the Asian session on Tuesday, due to decreased expectations of interest rate cuts by the Federal Reserve (Fed). As a result of this recent decline, the price of gold has now corrected by more than 5% from its all-time high reached earlier this month. However, it is expected that any further decline in the price will be limited, as there is speculation that major central banks will implement interest rate cuts later this year. In light of this, traders may choose to adopt a more cautious approach and refrain from making aggressive bets, opting instead to wait on the sidelines ahead of this week's significant macroeconomic releases in the United States. These releases will commence with the flash PMIs on Tuesday. ⭐️ Personal comments NOVA: Gold price dropped sharply, BREAK through the $2360 area, entering a corrective wave around the $2300 area ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2285 - $2283 SL $2278 TP1: $2295 TP2: $2302 TP3: $2310 🔥SELL GOLD zone: $2325 - $2327 SL $2332 TP1: $2315 TP2: $2300 TP3: $2290 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
10
GOLD: First Idea Turned Out to be in our favour| What next? Dear Traders, Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The second entry is if Gold decide to retrace a bit as in Asian Session then possible area that it may reach up to and reject is 2371$. Good Luck and Trade Safe
OANDA:XAUUSDShort
by Setupsfx_
7