Get started

Buyxauusd

NF - Strong recovery for Gold !! ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is consolidating near a two-week high during the Asian session on Friday. Investors are waiting for the release of the Nonfarm Payrolls (NFP) report from the United States, which will influence future Federal Reserve policy decisions and impact gold prices. ⭐️ Personal comments NOVA: Gold prices recovered strongly this week thanks to economic news beneficial to Gold. NF continues to be forecast to help Gold prices recover above the $2400 area at the end of the week ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2352 - $2350 SL $2345 TP1: $2360 TP2: $2368 TP3: $2375 🔥SELL GOLD zone: $2399 - $2401 SL $2406 TP1: $2390 TP2: $2380 TP3: $2370 ⭐️ 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
Gold price break - a recovery in price⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rose for the second consecutive day and reached a two-week high of around $2,373 during Thursday's Asian session. This increase is driven by expectations that major central banks will reduce borrowing costs to stimulate economic activity. The Bank of Canada (BoC) recently lowered its benchmark rate for the first time in four years, signaling concerns about slowing economic growth. Additionally, the European Central Bank (ECB) is anticipated to cut interest rates for the first time since March 2016 at its June policy meeting today. ⭐️ Personal comments NOVA: Gold price breaks from the upper border - recovery and upward momentum at the end of the week. Pay attention to upcoming resistance zones ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2355 - $2357 SL $2352 scalping TP1: $2360 TP2: $2368 TP3: $2378 🔥BUY GOLD zone: $2341 - $2339 SL $2334 TP1: $2350 TP2: $2360 TP3: $2370 🔥SELL GOLD zone: $2378 - $2380 SL $2385 TP1: $2370 TP2: $2360 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
OANDA:XAUUSDLong
by Nova-Scalper
9
Gold price is positive based on US economic data⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from a three-week low and trades within a narrow range during the Asian session. Bullish traders are favored due to expectations of a Federal Reserve interest rate cut later this year, supported by recent US macro data indicating a slowdown in manufacturing activity and the economy. This has resulted in the US Dollar (USD) declining to a near two-month low, benefiting gold as a safe-haven asset. ⭐️ Personal comments NOVA: Gold price is positive thanks to good economic data at the beginning of the week for Gold - large amplitude sideway. The H4 long-term framework still supports continued decline and correction ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2325 - $2327 SL $2320 TP1: $2335 TP2: $2342 TP3: $2350 🔥SELL GOLD zone: $2374 - $2376 SL $2381 TP1: $2360 TP2: $2350 TP3: $2340 ⭐️ 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
Economic data is supporting Gold - increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises on Friday due to a weaker US dollar and lower US yields. Traders expect the Federal Reserve to cut interest rates following weak US GDP data. Geopolitical risks in the Middle East may also boost gold as a safe-haven asset. Later, gold traders will monitor the US Core PCE figure for April, which is expected to show an increase in inflation. If the data is higher than expected, it could support the US dollar and limit gold price gains. ⭐️ Personal comments NOVA: Gold prices rebound after economic data that is not good for the dollar this week - expect the recovery to continue on Friday ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2317 - $2315 SL $2312 scalping TP1: $2322 TP2: $2326 TP3: $2330 🔥SELL GOLD zone: $2361 - $2363 SL $2366 TP1: $2357 TP2: $2353 TP3: $2348 🔥SELL GOLD zone: $2373 - $2375 SL $2380 TP1: $2368 TP2: $2360 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
OANDA:XAUUSDLong
by Nova-Scalper
3
Gold recovered slightly - XAU increased⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises on Tuesday after hitting two-week lows of $2,325. The increase is supported by a weaker US Dollar (USD) and safe-haven demand due to geopolitical tensions in the Middle East. However, higher short-term Treasury yields and strong US economic data may strengthen the USD. Traders are cautious ahead of key US inflation data this week. The US Conference Board’s Consumer Confidence and speeches from Fed officials are scheduled for Tuesday. The US Core PCE Price Index on Friday will be closely watched. If there are more hawkish comments from the Fed and signs of persistent inflation, traders may reconsider expectations of a rate cut, leading to a stronger USD and downward pressure on gold prices. ⭐️ Personal comments NOVA: Gold prices recovered slightly at the beginning of the week when there was not much important economic news, mainly sideways ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2334 - $2336 SL $2330 scalping TP1: $2342 TP2: $2350 TP3: $2360 🔥BUY GOLD zone: $2309 - $2307 SL $2302 TP1: $2315 TP2: $2322 TP3: $2330 🔥SELL GOLD zone: $2378 - $2380 SL $2385 TP1: $2370 TP2: $2360 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
OANDA:XAUUSDLong
by Nova-Scalper
2
Gold hits new ATH - optimistic for Gold⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) surged to a new high of nearly $2,441 during Monday's Asian session due to expectations of interest rate cuts by the US Federal Reserve and escalating tensions in the Middle East. Both Russia and Ukraine engaged in attacks against each other over the weekend, further boosting safe-haven demand. Traders are now awaiting speeches from several Fed officials, including Bostic, Barr, Waller, Jefferson, and Mester, for insights on future monetary policy. Cautious or hawkish comments from these officials could limit the upside potential for gold. ⭐️ Personal comments NOVA: Gold price reached a new ATH of $2440 in the beginning of the week, buyers dominated, aiming for new ATH areas to come. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2392 - $2390 SL $2385 TP1: $2400 TP2: $2415 TP3: $2430 🔥BUY GOLD zone: $2417 - $2415 SL $2412 scalping TP1: $2425 TP2: $2431 TP3: $2440 🔥SELL GOLD zone: $2453 - $2455 SL $2460 TP1: $2445 TP2: $2438 TP3: $2430 ⭐️ 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
Heading towards new ATH zones for Gold✍️ NOVA hello everyone, Let's comment on gold price next week from 5/20 - 5/24/2024 🔥 World situation: Speculation about the Federal Reserve potentially lowering rates in 2024 resurfaced, but Fed officials remain cautious and emphasize that one positive inflation reading is not sufficient. Market expectations for a rate cut decreased slightly, according to the fed funds rate December 2024 futures contract. 🔥 Identify: Gold price grew strongly last week according to H4 chart, still an optimistic sentiment for the Gold market. The world military situation is still more tense than ever, Gold prices continue to increase sharply to reach new ATH 🔥 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, $2457, $2483 Support : $2395, $2370, $2330 🔥 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
CPI, an opportunity for Gold prices to continue to increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) rose slightly due to a weaker US Dollar (USD). Factors like strong demand, central bank purchases, and geopolitical risks in the Middle East supported gold. However, hawkish comments from Federal Reserve officials, including Chairman Jerome Powell's suggestion of higher interest rates for a longer period, may push gold lower in the short term. Later today, the US Consumer Price Index (CPI) for April will be released, providing insight into the timing of the Fed's rate adjustments. Additionally, Retail Sales for April will be published, offering information on consumer spending trends. If inflation data exceeds expectations, the Fed may adopt a more aggressive stance, strengthening the Greenback and putting pressure on USD-denominated gold. ⭐️ Personal comments NOVA: Today's CPI data continues to be evaluated by experts in favor of Gold. Gold price is still moving within the H4 long-term price increase range. Today's expected resistance levels are $2376, $2390 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2346 - $2348 SL $2343 scalping (European and Asian sessions ) TP1: $2352 TP2: $2358 TP3: $2370 🔥SELL GOLD zone: $2376 - $2378 SL $2381( scalping )(European and Asian sessions ) TP1: $2370 TP2: $2365 TP3: $2358 🔥SELL GOLD zone: $2390 - $2392 SL $2397 TP1: $2380 TP2: $2370 TP3: $2358 ⭐️ 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
BREAK 2330, Gold price recovered and increased⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises on Friday amid expectations of a potential Federal Reserve interest rate cut due to a weakening labor market and increasing geopolitical concerns. However, hawkish US Fed talks and a stronger US dollar could pressure gold prices. Traders await the US Michigan Consumer Sentiment Index for May and speeches from Fed's Bowman, Goolsbee, and Barr. The upcoming US CPI report will also garner attention. ⭐️ Personal comments NOVA: Gold price did not return to the $2300 area but rebounded, broke the BREAK, and recovered again. Prioritize the upcoming UP trend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2330 - $2328 SL $2323 TP1: $2340 TP2: $2350 TP3: $2360 🔥SELL GOLD zone: $2364 - $2366 SL $2371 TP1: $2355 TP2: $2340 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
OANDA:XAUUSDLong
by Nova-Scalper
2
Uptrend at the end of April 2024 !!! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The likelihood of the US Federal Reserve keeping interest rates unchanged this year is increasing. Last week, John Williams, the President of the New York Fed, mentioned that he doesn't consider another rate hike as his primary scenario. However, if the data suggests that the Fed needs to raise rates in order to achieve its objectives, then the Fed would naturally want to take action. Austan Goolsbee, the President of the Chicago Fed, stated that progress in inflation has come to a halt and that the Fed's current restrictive policy is appropriate. Raphael Bostic, the President of the Atlanta Fed, emphasized that the Fed will not reduce rates until the end of the year. The shift towards a more hawkish market sentiment could diminish the attractiveness of non-yielding metals and exert downward pressure on the price of gold. ⭐️ Personal comments NOVA: Gold price decreased at the beginning of the second session, showing that the price range is stuck in two Uptrend lines. The upward price momentum is still likely to continue in the near future ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2338 - $2336 SL $2330 TP1: $2350 TP2: $2364 TP3: $2380 BUY GOLD zone: 2371.5 - 2370 SL $2366 TP: 40 - 70 - 100 pips 🔥SELL GOLD zone: $2412 - $2414 SL $2420 TP1: $2400 TP2: $2390 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
OANDA:XAUUSDLong
by Nova-Scalper
7
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
OANDA:XAUUSDLong
by Nova-Scalper
4
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
OANDA:XAUUSDLong
by Nova-Scalper
2
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
OANDA:XAUUSDLong
by Nova-Scalper
4
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
OANDA:XAUUSDLong
by Nova-Scalper
6
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
OANDA:XAUUSDLong
by Nova-Scalper
1
NF - Gold price continues to trend UP ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Traders may wait for more information about the Fed's interest rate-cut plans before making bets on the non-yielding Gold price. They will be closely watching the release of the US monthly employment details, known as the Nonfarm Payrolls (NFP) report, later in the North American session. If there is any disappointment, it could indicate a weakening labor market and increase the likelihood of a June Fed rate cut. This could lead to more selling of USD and support for gold. ⭐️ Personal comments NOVA: Gold price is having a DOWN correction below the $2280 area. However, the UP trend is still the dominant trend, many opportunities for Gold to continue to create new peaks ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2260 - $2258 SL $2253 TP1: $2275 TP2: $2290 TP3: $2308 🔥SELL GOLD zone: $2308 - $2310 SL $2315 TP1: $2300 TP2: $2290 TP3: $2280 ⭐️ 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
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