⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
On Tuesday, it was announced that Mike Waltz would serve as National Security Advisor and Marco Rubio as Secretary of State. Both are known for their firm stance on China, suggesting a high likelihood of tariffs being introduced.
At the same time, markets anticipate a less dovish Federal Reserve, with fed funds futures from the Chicago Board of Trade (CBOT) indicating a terminal rate of approximately 3.99%.
⭐️Personal comments NOVA:
Currently, the price is sideways around the 2590 - 2620 range, a short-term recovery for the next price decline.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2660 - $2662 SL $2667
TP1: $2650
TP2: $2640
TP3: $2630
🔥BUY GOLD zone: $2576 - $2574 SL $2569
TP1: $2582
TP2: $2590
TP3: $2600
⭐️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