XAU - SCALPING ! Waiting for retest entry point BUY 2626
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
China's manufacturing activity showed modest growth in December, while the services and construction sectors experienced a rebound. This suggests that policy measures are starting to impact specific areas as China braces for potential trade challenges linked to tariffs proposed by US President-elect Donald Trump.
Meanwhile, Reuters reported that Russia carried out a drone strike on Ukraine's capital, Kyiv, early on New Year's Day. The attack resulted in two fatalities, at least six injuries, and damage to buildings in two districts. Explosions echoed through the morning as Ukraine's air force issued warnings about incoming drones.
⭐️Personal comments NOVA:
The bulls have very good buying power, the possibility of reaching the 2653 area today is very high, if the retest entry 2626 will have a BUY signal.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2625 - $2627 SL $2622 scalping
TP1: $2632
TP2: $2638
TP3: $2645
⭐️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
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