ADP - NF ! News to help gold price reach next new ATH
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices surge, supported by declining US yields. Real yields, measured by the 10-year Treasury Inflation-Protected Securities (TIPS), drop nearly six basis points from 2.13% to 2.072%, while the US 10-year Treasury bond yield slips four bps to 4.51%. Meanwhile, the latest JOLTS report reveals a slowdown in job openings, signaling labor market strength. Openings fell to 7.6 million in December, down from November’s 8.156 million and below the expected 8 million.
⭐️Personal comments NOVA:
Gold is setting consecutive ATHs, FOMO has not stopped yet, waiting for new ATH with today's ADP-NF results
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2858 - $2860 SL $2863 scalping
TP1: $2855
TP2: $2850
TP3: $2845
🔥SELL GOLD zone: $2879 - $2881 SL $2886
TP1: $2870
TP2: $2860
TP3: $2850
🔥BUY GOLD zone: $2807 - $2809 SL $2802
TP1: $2815
TP2: $2822
TP3: $2830
⭐️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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