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Buyxauusd

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
OANDA:XAUUSDLong
by Nova-Scalper
13
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
OANDA:XAUUSDLong
by Nova-Scalper
7
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
OANDA:XAUUSDLong
by Nova-Scalper
2
GDP is the deciding factor for Gold price increase today⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices have been steadily increasing during the North American session on Wednesday, with buyers specifically targeting the $2,200 mark. Due to a lack of significant economic events in the United States (US), investors have been purchasing gold in response to growing speculation that the Federal Reserve (Fed) may cut interest rates in June. As of now, the XAU/USD is trading at $2,192, reflecting a gain of 0.63% or $13. The decline in US Treasury yields is supporting the price of gold, which does not generate any yield itself. The US 10-year benchmark note rate currently stands at 4.19%, having dropped by four basis points. Consequently, US real yields have also decreased from 1.914% on Tuesday to 1.87% at the time of writing, creating a headwind for the US dollar. ⭐️ Personal comments NOVA: Gold price moved close to the trend break border, trading above the $2190 area. Today's economic data is expected to continue to increase for Gold Near-term target $2220 for Gold this week ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2178 - $2180 SL $2173 TP1: $2185 TP2: $2190 TP3: $2195 🔥SELL GOLD zone: $2220 - $2222 SL $2227 TP1: $2210 TP2: $2200 TP3: $2190 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
12
Gold Price is gradually coming the next trend for Gold⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During Wednesday's Asian session, there is a noticeable interest in buying gold (XAU/USD) at a lower price. This has temporarily halted the downward movement that occurred towards the end of the previous day, just as it approached the significant $2,200 level. The Federal Reserve (Fed) stated last week that it intends to reduce interest rates by 75 basis points in 2024. This, combined with a cautious market sentiment due to concerns about geopolitical risks arising from the ongoing Russia-Ukraine conflict and conflicts in the Middle East, are important factors contributing to the support of gold as a safe-haven asset. ⭐️ Personal comments NOVA: In the long-term frame, Gold price is still in an UP trend, but purchasing power has gradually decreased. The sideway amplitude $2150 - $2180 is gradually breaking and has a new trend in early April 2024 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2150 - $2152 SL $2145 TP1: $2160 TP2: $2168 TP3: $2176 🔥SELL GOLD zone: $2193 - $2195 SL $2200 TP1: $2180 TP2: $2170 TP3: $2160 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
5
ADP - NF, waiting for Gold price to touch $2150⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) declines during Asian session on Wed, partially reversing previous day's gains. Profit-taking and repositioning trade ahead of Fed Chair Powell's testimony may be contributing factors. Investors will closely analyze Powell's remarks for clues about Fed's rate-cut path and its impact on USD, which will influence gold price dynamics. ⭐️ Personal comments NOVA: Still giving priority to the rise of Gold, the market is too positive and looking forward to a new ATH point for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2080 - $2082 SL $2075 TP1: $2095 TP2: $2110 TP3: $2130 Can Scalping BUY area 2110-2108 🔥SELL GOLD zone: $2148 - $2150 SL $2155 TP1: $2140 TP2: $2125 TP3: $2110/b] ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
9
$2150, sudden increase from Gold⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the early European session on Tuesday, the price of gold (XAU/USD) is observed to be fluctuating within a range. It is currently consolidating its recent significant gains, reaching a three-month high around the $2,120 mark touched the previous day. Traders are displaying hesitancy and prefer to wait for further indications regarding the Federal Reserve's (Fed) potential rate cuts before making any new directional bets. As a result, all eyes will be on Fed Chair Jerome Powell's two-day congressional testimony, set to commence on Wednesday. In addition to this, investors will be faced with the release of crucial US macroeconomic data at the start of the new month. This includes the highly influential monthly employment data, or the Nonfarm Payrolls (NFP) report, scheduled for Friday. Consequently, this data will have a significant impact on the demand for the US Dollar (USD) and subsequently provide fresh momentum for the precious metal. Meanwhile, expectations of rate cuts by the Fed in June are keeping USD bulls on the defensive and offering support to gold, which does not yield interest. ⭐️ Personal comments NOVA: Outstanding growth from Gold, Nearest resistance zone $2150 Gold soon reached ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2148 - $2150 SL $2155 TP1: $2140 TP2: $2130 TP3: $2120 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
2
Golden Price in recovery !!! XAU increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) ended on a positive note for the first time in the past three weeks due to ongoing geopolitical tensions and a recent decline in the US Dollar (USD). However, despite surpassing the 50-day Simple Moving Average (SMA), the precious metal is struggling to maintain its momentum and is experiencing a slight decline during the Asian session on Monday. This can be attributed to speculations that the Federal Reserve (Fed) will keep interest rates higher for a longer period. Recently, market participants have revised their expectations for an early interest rate cut by the US central bank. This shift came after the release of consumer and producer prices in the US, which were higher than anticipated earlier this month. Furthermore, minutes from the late January FOMC meeting and hawkish comments from Fed officials indicated that the central bank is not eager to lower interest rates due to persistent inflation and a strong US economy. ⭐️ Personal comments NOVA: Gold price after recovery, surpassing the disputed area of ​​$2030. Still positive for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2020 - $2022 SL $2015 TP1: $2030 TP2: $2040 TP3: $2050 🔥SELL GOLD zone: $2050 - $2048 SL $2055 TP1: $2042 TP2: $2036 TP3: $2030 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
1
Next week is very volatile with federal interest rate news! XAU✍️ NOVA hello everyone, Let's comment on gold price next week from 29/1 - 2/2/2024 🔥 World situatio and Identify: Next week, we will wait for a lot of very important news such as: CB Consumer Confidence, NF, Employment Cost Index q/q, pmi, verage Hourly Earnings m/m... and especially will announce the extremely impressive Federal Funds Rate. important for the US economy in early 2024. With the assumption that interest rates will remain the same or REDUCE, helping to limit Inflation. One factor has a positive impact on Gold prices, along with expectations of Gold growth this 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: $2027, $2035, $2056, $2087 Support : $2010, $1995, $1976 🔥 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:XAUUSDLong
by Nova-Scalper
6
Gold price is in an increasing trend!! XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is attracting some buying interest for the fourth consecutive day on Thursday and is moving closer to a two-week high around the $2,056 level reached the previous day. The US Dollar (USD) is struggling to take advantage of the rebound after the Federal Open Market Committee (FOMC) meeting, as US Treasury bond yields continue to decline. Additionally, ongoing geopolitical tensions in the Middle East and China's economic challenges are providing support to the safe-haven commodity. However, the Federal Reserve's less dovish stance on interest rates may limit the gains in gold. Investors are now focusing on Thursday's busy economic calendar, which includes the release of flash Eurozone consumer inflation data and the US ISM Manufacturing PMI, for potential market-moving events. Furthermore, the monetary policy decision from the Bank of England (BoE) could introduce volatility into the markets. Factors such as US bond yields, the movement of the US Dollar, and overall risk sentiment will also play a role in creating short-term trading opportunities in the gold market. Following these events, attention will shift towards the highly anticipated US monthly employment report. ⭐️ Personal comments NOVA: Gold prices continue to be in a long-term uptrend, with selling pressure following the result that interest rates will not be reduced in March, but war tensions in the world are still supporting Gold. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2015 - $2017 SL $2008 TP1: $2022 TP2: $2030 TP3: $2040 🔥BUY GOLD zone: $2039 - $2041 SL $2036 Scalping TP1: $2044 TP2: $2048 TP3: $2053 🔥SELL GOLD zone: $2058 - $2060 SL $2065 TP1: $2053 TP2: $2048 TP3: $2040 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
7
FOMC, the driving force for Gold prices to increase !! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian trading session on Wednesday, the price of gold (XAU/USD) experienced a slight decline and moved further away from its two-week high reached around the $2,048-2,049 range the day before. This decrease is attributed to investors adjusting their expectations regarding the speed and extent of interest rate cuts by the Federal Reserve (Fed) due to robust economic data from the United States. As a result, the US Dollar (USD) remains strong, reaching its highest level since December 13 earlier this week, which puts pressure on the value of gold. However, the recent drop in US Treasury bond yields may prevent the USD bulls from making aggressive bets. This, coupled with concerns about geopolitical risks arising from tensions in the Middle East, could continue to support the demand for gold as a safe-haven asset. Investors may also choose to remain cautious and wait for the highly anticipated FOMC monetary policy meeting before making any significant moves in relation to gold, which lacks yield. Therefore, bearish traders should exercise caution in their positions. ⭐️ Personal comments NOVA: The price chart according to technical analysis is supporting the Uptrend, the H1 frame is trading on a stable EMA line, according to economic experts at today's FOMC meeting, which also supports keeping or reducing interest rates. extreme for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2006 - $2004 SL $1996 TP1: $2015 TP2: $2022 TP3: $2030 🔥SELL GOLD zone: $2054 - $2056 SL $2062 TP1: $2048 TP2: $2040 TP3: $2030 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
10
Wait for today's Gold price trend with PMI news⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During Tuesday's trading session, the price of Gold (XAU/USD) reached $2,030, indicating a gain of 0.43%. This comes after a notable 2% loss last week, as the bears take a pause. The daily chart suggests a neutral-to-bearish sentiment, while the four-hour indicators show a slight inclination towards the upside, hinting at a potential shift in momentum. From a fundamental standpoint, strong economic data in the United States and hawkish sentiments from the Federal Reserve (Fed) have resulted in significant selling of metals. This has raised doubts about the possibility of a future rate-cutting cycle by the Fed. As a result, the upside potential for gold is limited, as rising US yields, which are often considered the cost of holding non-yielding metals, are causing concerns. ⭐️ Personal comments NOVA: Accumulated price, sideway disputes price range $2030-$2020. Today's PMI news may determine the Gold price trend this week, breaking out of the above zone ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2002 - $2005 SL $1995 TP1: $2012 TP2: $2016 TP3: $2020 Pay attention to the BUY2019 and SELL2038 break zones, which can be used for scalping in the Asian and EUR sessions. 🔥SELL GOLD zone: $2053 - $2055 SL $2062 TP1: $2048 TP2: $2040 TP3: $2030 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
5
Sideway trading session at the beginning of the week⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving downwards, reaching $2,027 in the early Asian session on Monday. The strong economic data from the United States has led to expectations that the Federal Reserve (Fed) may postpone interest rate cuts, thereby strengthening the US Dollar (USD). The crucial support level for gold is currently at the psychological mark of $2,000. On Friday, the market may experience volatility due to the release of the US Core Personal Consumption Expenditures Price Index (Core PCE) for December. ⭐️ Personal comments NOVA: The recovery at the end of January 2024 continues. Sideway Monday trading session with short amplitude ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2015 - $2017 SL $2007 TP1: $2025 TP2: $2032 TP3: $2037 🔥SELL GOLD zone: $2035 - $2037 SL $2045 TP1: $2030 TP2: $2025 TP3: $2017 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
6
Will a short-term recovery take place?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the early trading hours in Asia on Thursday, the price of gold (XAU/USD) has fallen to the $2,000 level. This decline in the value of the precious metal is driven by strong economic data in the United States, which has diminished expectations of an immediate interest rate cut. Currently, at the time of writing, the price of gold is trading at $2,007, representing a 0.07% increase for the day. In the meantime, the US Dollar Index (DXY), which measures the value of the US dollar against its major trading partners, has surged to a new high for 2024, reaching approximately 103.70. Across the yield curve, US Treasury yields are rising, with the 10-year yield standing at 4.10%. ⭐️ Personal comments NOVA: Continuously good economic data for the US economy, the dollar recovered. Gold price decreased around 2000. Expect a slight recovery today ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1995 - $1993 SL $1985 TP1: $2002 TP2: $2010 TP3: $2022 🔥SELL GOLD zone: $2024 - $2026 SL $2030 Scalping TP1: $2020 TP2: $2015 TP3: $2010 🔥SELL GOLD zone: $2033 - $2035 SL $2043 TP1: $2025 TP2: $2017 TP3: $2010 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
11
Gold's growth momentum continues⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is experiencing slight increases above the $2,050 level in the early Asian session on Tuesday. The rising tensions in the Red Sea and the prevailing risk-off sentiment favor the demand for safe-haven assets like gold. Currently, the gold price is being traded at $2,055, registering a 0.06% gain for the day. In the meantime, the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trading partners, continues to consolidate near 102.60 since the beginning of the year. The yields on Treasury bonds are decreasing, with the 10-year yield currently at 3.95%. ⭐️ Personal comments NOVA: Today's FOMC meeting will partly determine the Gold trend for the week, along with news of military tensions that will have a positive impact on Gold and precious metals. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2040 - $2042 SL $2034 TP1: $2050 TP2: $2058 TP3: $2067 🔥SELL GOLD zone: $2067 - $2069 SL $2075 TP1: $2060 TP2: $2050 TP3: $2040 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
12
XAUUSD - Continuing to return to the price increase journey?Welcome to a new promising and productive trading week! Looking back at last weekend, gold proved its strength with a spectacular Breakout, completely escaping the sideway trend and ending the downward trend. It was an impressive move from the bulls, as they not only successfully defended the key defensive zone at 2015 USD but also pushed gold prices up sharply from this point. Tensions in the Middle East are having a clear impact, easing pressure on the USD and bond yields, thereby supporting gold prices. In the short term, demand for safe havens will likely push gold prices higher. With the current picture, can we expect a gold price race to new heights? What about you, do you expect a wave of price increases for gold? Share your thoughts on where gold goes next in this exciting market!
OANDA:XAUUSD
by Karina_Bella
1
Gold price in the context of tense war✍️ NOVA hello everyone, Let's comment on gold price next week from 15/1 - 19/1/2024 🔥 World situation: Traders purchased Gold as a result of the intensification of the conflict in the Middle East. Additionally, the rise in demand for the precious metal was driven by the decrease in yields of US Treasury bonds. This was fueled by expectations that the US Federal Reserve would implement substantial interest rate cuts, potentially as early as March. 🔥 Identify: In the context of increasing US military tensions with the Middle East, creating a great premise for Gold prices to increase sharply despite economic data. That is an important factor to believe that Gold prices will continue to increase 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: New Resistance: $2074, $2140 Support : $2015, $1990 🔥 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:XAUUSDLong
by Nova-Scalper
1
Scalping!! XAU BUY short term before CPI news⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar bulls are facing uncertainty regarding the rate-cut path of the Federal Reserve. This uncertainty is providing support to the Comex Gold price, which is gaining some positive momentum due to repositioning trades before the release of the US consumer inflation figures. Following the December policy meeting, where the Fed unexpectedly adopted a dovish stance, the markets reacted swiftly. As a result, they are now factoring in five interest rate cuts by the end of 2024. These rate cuts would amount to a total easing of approximately 140 basis points (bps). ⭐️ Personal comments NOVA: Scalping following the short-term Uptrend after CPI news ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2027 - $2029 SL $2024 Scalping TP1: $2033 TP2: $2037 TP3: $2040 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
4
Waiting for an increase in Gold today !! XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is unable to take advantage of the slight increase from the previous day and instead moves within a limited range during Tuesday's Asian session. Several important officials from the Federal Reserve (Fed) have recently attempted to counter market expectations for early interest rate cuts in 2024. This, in turn, is considered a significant factor that is hindering the non-yielding yellow metal. Additionally, the overall positive sentiment in global stock markets also adds to the limitation of gains for gold. ⭐️ Personal comments NOVA: Monday the price had a certain accumulation, surpassing the EMA line. Price will return to test the 2020-2022 zone then continue the upward trend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2020 - $2022 SL $2014 TP1: $2030 TP2: $2040 TP3: $2048 🔥SELL GOLD zone: $2048 - $2050 SL $2058 TP1: $2040 TP2: $2030 TP3: $2020 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
8
The market is stable, Gold price is firmly above $2000⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is showing a positive trend at the start of the week and maintains its modest gains during the European trading session. However, there is a lack of sustained buying momentum. Last week, the Federal Reserve (Fed) indicated an end to its tightening of monetary policy and projected a total of 75 basis points (bps) in rate cuts by 2024. This limits the upside potential for the US Dollar (USD), which had rebounded from a four-month low on Friday, and serves as a supporting factor for the commodity. Additionally, concerns over geopolitical risks and fears of a deeper economic downturn, particularly in China and the Eurozone, contribute to the demand for the safe-haven precious metal. ⭐️ Personal comments NOVA: the stability of Gold price today, above the $2020 zone. Technical models H1, H4 still show a cumulative sideway trend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2008 - $2010 SL $2000 TP1: $2018 TP2: $2025 TP3: $2032 🔥SELL GOLD zone: $2032 - $2030 SL $2040 TP1: $2025 TP2: $2018 TP3: $2010 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
9
PMI catalyzed Gold prices to break out⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) continues to move sideways during the European session on Friday and is trading below a high reached the previous day in the range of $2,047-2,048. The release of positive macroeconomic data from the United States on Thursday, coupled with a stronger-than-expected monthly jobs report on Friday, suggests that the US economy is resilient and raises doubts about the possibility of an early policy easing by the Federal Reserve (Fed) in March 2024. As a result, US Treasury bond yields have experienced a modest recovery, and this, combined with an overall risk-on sentiment driven by hopes of Chinese stimulus, is creating a challenging environment for gold as a safe-haven asset. ⭐️ Personal comments NOVA: In recent weeks, there has been a common scenario: during the week there is a certain accumulation, Friday will be a strong fluctuation in price. The excitement of the market still exists so the expectation is that the price will continue to increase. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2009 - $2011 SL $2002 TP1: $2020 TP2: $2030 TP3: $2040 Pay attention to the 2021-2023 support zone, set up a BUY signal 🔥SELL GOLD zone: $2063 - $2065 SL $2073 TP1: $2055 TP2: $2048 TP3: $2040 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
1
Strong increase after FOMC meeting! XAU PUMP⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is continuing to increase after a strong recovery from the 50-day Simple Moving Average (SMA), which was around the $1,973 mark. This recovery comes after a three-week low and the positive momentum has carried over into Thursday. The Federal Reserve (Fed) announced on Wednesday that they have no plans to raise interest rates and their "dot plot" indicates three 25 basis points (bps) rate cuts in 2024. Additionally, policymakers believe that inflation will reach the Fed's target of 2% without a recession. This dovish stance has caused a significant drop in US Treasury bond yields and has put pressure on the US Dollar (USD), which in turn has boosted the value of gold. ⭐️ Personal comments NOVA: After yesterday's FOMC meeting, the decision to keep the old interest rate unchanged and reduce the next round has created very good news for Gold. The scholarship market will flourish again at the end of 2023. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2004 - $2006 SL $1996 TP1: $2015 TP2: $2022 TP3: $2030 🔥BUY GOLD zone: $2015 - $2017 SL $2012 Scalping TP1: $2022 TP2: $2035 TP3: $2050 🔥SELL GOLD zone: $2050 - $2052 SL $2060 TP1: $2045 TP2: $2040 TP3: $2030 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
5