Gold The price is currently forming a retracement towards the Day's supply zone. There's a chance for a buying retracement from the 4-hour zone, coinciding with the Daily zone. If an acceptable structure forms, with a breakout on a lower timeframe, it's worth attempting to trade it, with a stop loss at 2300 and take profit at previous highs.
Buytrade
Is Astral Limited giving us a buy signal in such a bearish markeAstral Limited has been in my watchlist since Friday. Right now, the hourly chart indicators signal a dip and the daily chart give me confidence to buy on the dip.
I've tried to explain my idea in this video and I hope you find it useful
Thanks
#Educational purpose only
XAU recovery after FOMC !!⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices surged above $2,300 as the Federal Reserve announced a slower balance sheet reduction and provided no indication of lowering interest rates. Fed Chair Jerome Powell stated that rate cuts would only be considered once inflation reaches its 2% target.
⭐️ Personal comments NOVA:
Gold price recovered above $2,300 after the FOMC meeting on Wednesday. keeping interest rates unchanged - the economy is still facing many difficulties, Gold continues to become a safe investment channel and has the trust of investors.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2307 - $2309 SL $2304 scalping ( Use the Asian and European trading sessions )
TP1: $2315
TP2: $2320
TP3: $2325
🔥SELL GOLD zone: $2340 - $2342 SL $2347
TP1: $2332
TP2: $2325
TP3: $2315
⭐️ 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
- The winner is the one who sticks with the market the longest
GE General Electric Company Options Ahead of EarningsIf you haven`t bought GE before the previous earnings:
Then analyzing the options chain and the chart patterns of GE General Electric Company prior to the earnings report this week,
I would consider purchasing the 155usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $8.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AUDCAD Long Trade Setup A #long trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📈.
This is indicated by the #bullish engulfing candlestick 🕯️ pattern just above the 0.88046 horizontal support level.
This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy).
Sufficient upward momentum should see price rallying towards the 0.90000 psychological level and possibly testing the strength of the 0.90113 horizontal resistance level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
Military tensions - Gold prices continue to increase✍️ NOVA hello everyone, Let's comment on gold price next week from 4/22 - 4/26/2024
🔥 World situation:
The price of gold surged to a new high above $2,400 as tensions between Israel and Iran in the Middle East escalated. The uncertainty surrounding the conflict led investors to seek the safety of gold, pushing prices up to $2,417 per troy ounce. However, the rally was short-lived as Tehran announced that it had no intention of retaliating.
Currently, XAU/USD is trading at $2,394, showing a gain of 0.70%. Gold experienced a volatile swing of $44.00 as traders processed the developments from Friday. Despite recent comments from Federal Reserve officials indicating a more neutral stance on inflation, the decline in US Treasury bond yields and the weakening US dollar are keeping gold prices supported.
🔥 Identify:
Gold price maintains a stable increase in the H4 time frame. Along with Middle East military tensions, Gold price continues to have a huge upward momentum.
🔥 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: $2430, $2468, $2487
Support : $2360, $2306
🔥 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
Gold is stuck in 2 trend lines ! Uptrend⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold skyrockets to approximately $2,410 per troy ounce during the Asian session on Friday. The precious yellow metal, considered a safe-haven asset, gains traction as market participants grow increasingly risk-averse due to the news from ABC News confirming that Israeli missiles have struck a location in Iran. This development further escalates tensions in the Middle East.
As per Reuters, who cites Iran's Fars News Agency, local residents have reported hearing explosions at Isfahan airport, located in the central region. However, the cause of these explosions remains undisclosed. Investigations are currently underway to ascertain the specific details surrounding the incident.
⭐️ Personal comments NOVA:
Gold's 2 Uptrend lines continue, Gold price remains stable. In the context of a very close war, GOLD PRICES have more motivation to increase in price
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2362 - $2360 SL $2355
TP1: $2380
TP2: $2400
TP3: $2430
🔥SELL GOLD zone: $2429 - $2431 SL $2436
TP1: $2420
TP2: $2412
TP3: $2400
⭐️ 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
- The winner is the one who sticks with the market the longest
Gold UP trend line H1, over $2400⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold has rebounded from its previous losses and is currently trading at approximately $2,370 per troy ounce during the Asian session on Thursday. The valuable yellow metal, known as a safe-haven asset, is increasing in value as traders exercise caution due to the heightened geopolitical tensions in the Middle East.
As per reports from Reuters, Jordan's Foreign Minister Ayman Safadi expressed in an interview released by state media on Wednesday that if Israel were to retaliate against Iranian attacks, it could potentially escalate the situation and lead to a catastrophic war engulfing the entire region.
⭐️ Personal comments NOVA:
Gold price continues in the H1 UP trend line, the area above $2400 becomes expected for investors
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2327 - $2325 SL $2320
TP1: $2340
TP2: $2350
TP3: $2365
🔥SELL GOLD zone: $2384 - $2386 SL $2389
TP1: $2378
TP2: $2372
TP3: $2365
🔥SELL GOLD zone: $2421 - $2423 SL $2428
TP1: $2410
TP2: $2395
TP3: $2380
⭐️ 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
- The winner is the one who sticks with the market the longest
Uptrend line XAU - above $2400⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold remains steady around $2,380 per troy ounce on Wednesday, staying close to its all-time highs as traders proceed with caution in anticipation of Israel's response to Iran's airstrike on Saturday. According to a report from Reuters, the third meeting of Israel's war cabinet, originally scheduled for Tuesday to determine a course of action in response to Iran's unprecedented direct attack, has been postponed until Wednesday.
Additionally, sources cited by The Jerusalem Post have revealed that Israel has reportedly finalized its plans for retaliating against Iran. Late on Tuesday, US National Security Advisor Jake Sullivan announced that new sanctions targeting Iran, as well as sanctions against entities that support the Islamic Revolutionary Guard Corps and Iran's Defense Ministry, will be implemented in the coming days.
⭐️ Personal comments NOVA:
The H1 frame shows 2 Uptrend lines leading the Gold price above $2400. With the tense military situation, Gold still has motivation to increase prices by the end of April 2024
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2355 - $2353 SL $2348
TP1: $2362
TP2: $2370
TP3: $2380
🔥SELL GOLD zone: $2406 - $2404 SL $2410
TP1: $2395
TP2: $2388
TP3: $2380
🔥SELL GOLD zone: $2428 - $2430 SL $2435
TP1: $2420
TP2: $2405
TP3: $2390
⭐️ 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
- The winner is the one who sticks with the market the longest
Gold price is in a stable UP trend line !! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is moving within a narrow trading range as the European session begins on Tuesday. It remains close to the record high reached last week. The US Dollar (USD) is gaining strength, reaching its highest level since early November, due to expectations that the Federal Reserve (Fed) will postpone interest rate cuts in light of persistent inflation. This hawkish stance supports higher US Treasury bond yields and limits any significant increase in the value of gold, which does not generate interest.
Nevertheless, the downside for the gold price is protected by ongoing geopolitical tensions in the Middle East. These tensions tend to increase demand for traditional safe-haven assets. As a result, it seems that the XAU/USD is more likely to move upwards, and any substantial pullback could be viewed as an opportunity to buy. Traders are now focusing on US macroeconomic data and speeches by influential FOMC members, including Fed Chair Jerome Powell, for new market direction.
⭐️ Personal comments NOVA:
Gold price increased strongly, approaching the 2400 zone, military tension and war factors led to the main reason for Gold's increase.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2360 - $2358 SL $2353
TP1: $2368
TP2: $2380
TP3: $2400
🔥SELL GOLD zone: $2406 - $2408 SL $2413
TP1: $2395
TP2: $2380
TP3: $2368
⭐️ 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
- The winner is the one who sticks with the market the longest
$2400 becomes very close - Gold price rally continues⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) hit a record high near $2,390 during early Asian session on Friday due to market expectations of a US Federal Reserve interest rate cut. Chinese central bank's gold purchase and ongoing geopolitical tensions in the Middle East also contribute to the increase. Analysts predict that despite concerns about higher-than-expected inflation, the US Fed will still proceed with three 25-basis point rate cuts this year.
⭐️ Personal comments NOVA:
Gold price continues to increase strongly - breaking the resistance structure. In the context of the US economy, there are still many difficulties. Gold metal has become the top priority investment channel. Gold prices continue to reach new peaks this year
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2361 - $2359 SL $2354
TP1: $2370
TP2: $2378
TP3: $2390
🔥SELL GOLD zone: $2398 - $2401 SL $2405
TP1: $2390
TP2: $2380
TP3: $2370
🔥BUY GOLD zone: $2350 - $2352 SL $2345
TP1: $2361
TP2: $2370
TP3: $2378
⭐️ 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
- The winner is the one who sticks with the market the longest
Gold price ATH - continues to increase✍️ NOVA hello everyone, Let's comment on gold price next week from 8/4 - 12/4/2024
🔥 World situation:
Gold reached a new all-time high, disregarding a strong US March Nonfarm Payrolls report that could delay rate cuts by the Federal Reserve. Despite the increase in US Treasury yields and the slight rise of the Greenback, gold's price remains influenced by factors like the US Dollar, geopolitical risks, and physical demand.
🔥 Identify:
The increase was so strong and stable, Gold price reached ATH 2330 this week. Next week sees economic data assessing core inflation CPI and PPI. Gold price still has the motivation to increase further, the Uptrend still dominates
🔥 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: $2360, $2380, $2400
Support : $2287, $2260, $2210
🔥 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
CPI - factor affecting the increase in Gold price⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices pulled back from all-time highs on Tuesday, dropping to $2,346 after reaching $2,365. This was due to a risk-on sentiment and declining US Treasury yields. The US economic calendar was light, with the NFIB Small Optimism Index falling for the third consecutive month. Traders are now awaiting the release of the US Consumer Price Index and the Federal Open Market Committee Minutes on Wednesday.
⭐️ Personal comments NOVA:
The uptrend line continues - today's CPI data, according to economic experts, is still not positive for the dollar - Gold prices still have many new rising motivations
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2328 - $2326 SL $2321
TP1: $2340
TP2: $2355
TP3: $2370
Pay attention to the psychological resistance zone $2398-$2400
🔥SELL GOLD zone: $2371 - $2373 SL $2376 scalping
TP1: $2360
TP2: $2355
TP3: $2350
⭐️ 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
- The winner is the one who sticks with the market the longest
SJVN LONG !Expecting good Momentum .
Consolidation done .
Coming out of the Range.
Good for Short term.
Target 170, 220.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
DOW model for Gold price Increase ! record high⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
During the Asian session on Monday, the price of gold (XAU/USD) has attracted some buying interest around the $2,300 level and has reached a new all-time high in the last hour. The rally in the precious metal over the past couple of weeks has been driven by expectations that the Federal Reserve (Fed) will eventually cut rates in 2024, as well as buying from the Chinese central bank. However, with the daily chart showing extremely overextended conditions, traders may be hesitant to place new bullish bets amidst easing geopolitical tensions and a positive risk sentiment, which typically diminishes demand for safe-haven assets like gold.
⭐️ Personal comments NOVA:
With the strong increase of Gold Monday, FOMO is at its peak at the present time. The Uptrend shows no signs of stopping, the target continues to rise to 2400 in the second quarter of 2024
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2301 - $2303 SL $2297
TP1: $2315
TP2: $2322
TP3: $2330
🔥SELL GOLD zone: $2367 - $2369 SL $2375
TP1: $2360
TP2: $2345
TP3: $2330
⭐️ 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
- The winner is the one who sticks with the market the longest
#AITECH is preparing for another upward trend in the market! #AITECH is currently forming a falling wedge pattern. This pattern is expected to lead to a good bounce after it breaks out. However, if the support zone is breached, there could be a downward movement. The overall sentiment remains bullish and the 200MA is also working as a good support.
For those who are yet to invest, the accumulation zone ranges from $0.23 to $0.256. It is important to do your own research (DYOR) and note that this is not a financial advice (NFA).. It is important to do your own research (DYOR) and note that this is not a financial advice (NFA).
DOW model - Bull cycle of Gold !!⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) surged above $2,300, reaching an all-time high during the early Asian session. This was driven by weaker-than-expected US ISM Services PMI data for March and speculation that the Federal Reserve has reached the peak of the rate hike cycle, resulting in increased demand for gold. Market expectations of rate cuts in June also contributed to the momentum, with a 62% probability of a rate cut at the Fed's June 11-12 policy meeting according to the CME FedWatch Tool.
⭐️ Personal comments NOVA:
DOW model - Gold price increases steadily. Gold's strong upward trend will continue
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2280 - $2282 SL $2275
TP1: $2290
TP2: $2295
TP3: $2300
🔥SELL GOLD zone: $2318 - $2320 SL $2325
TP1: $2310
TP2: $2300
TP3: $2290
⭐️ 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
- The winner is the one who sticks with the market the longest
ADP NF - Gold price target $2300⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) is entering a bullish consolidation phase after reaching a new all-time high around the $2,288-2,289 area during the Asian session on Wednesday. This is mainly due to persistent geopolitical risks from the Russia-Ukraine war and conflicts in the Middle East, which have dampened investor interest in riskier assets. As a result, there is a generally weaker tone in equity markets, making gold an attractive safe-haven investment.
⭐️ Personal comments NOVA:
Gold price is about to reach $2,300, with no signs of stopping yet. Gold's strong growth is mainly due to FOMO from the market
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2266 - $2264 SL $2260
TP1: $2280
TP2: $2292
TP3: $2300
🔥SELL GOLD zone: $2298 - $2300 SL $2305
TP1: $2290
TP2: $2280
TP3: $2270
🔥SELL GOLD zone: $2312 - $2314 SL $2318
TP1: $2300
TP2: $2295
TP3: $2290
⭐️ 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
- The winner is the one who sticks with the market the longest
Gold's Bull Cycle!! $2300⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) remained within a range during the Asian session on Tuesday. It consolidated its recent gains, reaching an all-time high of around $2,265-2,266. The release of positive US manufacturing data has raised doubts about the Federal Reserve's plans to cut interest rates three times this year. As a result, US Treasury bond yields have increased, pushing the US Dollar (USD) to its highest level since February 14th. This has undermined the value of gold. However, there is still a possibility that the Fed will begin cutting rates in June, along with ongoing geopolitical risks in the Middle East. These factors should help limit losses for gold as a safe-haven asset. It is advisable to wait for significant selling pressure before confirming that XAU/USD has reached its peak in the short term.
⭐️ Personal comments NOVA:
Gold prices show that the market's fomo and excitement is huge. Today's news data also supports Gold prices continuing to reach new ATH
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2222 - $2224 SL $2217
TP1: $2230
TP2: $2238
TP3: $2248
🔥SELL GOLD zone: $2278 - $2280 SL $2285
TP1: $2270
TP2: $2260
TP3: $2250
⭐️ 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
- The winner is the one who sticks with the market the longest
New era of Gold, Gold price continues to Increase✍️ NOVA hello everyone, Let's comment on gold price next week from 1/4 - 5/4/2024
🔥 World situation:
The price of gold hits all-time highs near $2,230 per ounce, aiming for a fifth consecutive session of gains on Friday. Trading volumes are low due to Good Friday observance. The allure of gold is attracting buyers as market sentiment suggests that major central banks will start cutting interest rates this year. Investors have confidence in gold and anticipate three rate cuts from the US Federal Reserve in the coming months, according to Chicago Fed President Austan Goolsbee, who leans toward a dovish stance. Goolsbee emphasizes the need for more evidence of inflation subsiding before taking action.
🔥 Identify:
Gold Prices Despite Key Economic Data Good for the Dollar, Rising and Reaching All-Time Highs.
FOMO and the tense world situation are the main driving forces to help Gold prices continue to increase in the near future
🔥 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: $2238, $2260, $2300
Support : $2210, $2195, $2157
🔥 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