Will gold continue to jump and create ATH?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) edges lower during the Asian session on Tuesday, pulling back from its recent record high. A recovering US Dollar (USD) from its lowest level since December 10 weighs on demand for the metal. Additionally, overbought conditions lead some traders to trim their bullish positions. However, the broader market outlook suggests caution before making strong bearish moves.
⭐️ Personal comments NOVA:
Gold price is maintaining an upward trend, TRENDLINE H1
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2917 - $2915 SL $2910
TP1: $2922
TP2: $2930
TP3: $2940
🔥 SELL GOLD zone: $2966 - $2968 SL $2973
TP1: $2960
TP2: $2950
TP3: $2940
⭐️ 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
Longgold
GBP/USD Strategy for European and American Trading SessionsGBP/USD news:
🔆GBP/USD eased after hitting a two-month high of 1.2674 on Friday, hovering around 1.2670 in Asian trade. However, the pair maintained its strength as the US dollar remained under pressure due to weak jobless claims data and mixed signals from the Federal Reserve.
🔆Minutes of the Fed's January policy meeting showed that some policymakers viewed potential changes in trade and immigration policies as obstacles to deflation, putting pressure on the dollar.
🔆During the Asian session, the yield on the 10-year US Treasury note fell below 4.5%, reducing demand for the dollar and allowing GBP/USD to rise.
🔆As the European session begins on Friday, the UK Office for National Statistics will release January retail sales data.
Personal opinion:
🔆Good economic news for the Pound continues to maintain the strength of GBP. In contrast to the bad news from Trump's tariff policy, the dollar has weakened. However, FM believes that there will be a pullback phase as the RSI is diverging after entering the overbought zone earlier. GBP will consolidate and rise again.
Technical analysis:
🔆Based on important resistance - support and Fibonacci levels combined with economic information to come up with appropriate strategies.
Plan:
🔆 Price Zone Setup:
👉BUY GBP/USD 1.2620 – 1.2635
❌SL: 1.2575 | ✅TP: 1.2670 – 1.2720 – 1.2800
FM wishes you a successful trading day 💰💰💰
Gold prices continued to rise at the beginning of the weekGold news:
🔆Gold prices remain in a bullish consolidation phase just below record highs early Monday. A rebound in US Treasury yields counterbalances the decline in the US dollar, keeping gold within a familiar trading range.
🔆However, the downside for gold is cushioned by broad weakness in the US dollar, driven by the euro’s rally following the German election results.
🔆The precious metal may also find support from growing expectations that the US Federal Reserve (Fed) will implement two interest rate cuts this year. This sentiment was reinforced by the US Composite Flash PMI Output Index, which dropped from 52.7 in January to 50.4, marking a 17-month low. The decline has fueled concerns about the US economic outlook amid trade policy uncertainties and potential inflationary risks.
🔆Looking ahead, investors will focus on the upcoming US-Russia meeting, potential new tariff threats from President Trump, and key US economic data releases this week for fresh direction in gold prices.
Personal opinion:
🔆Gold will maintain the uptrend to retest the old ATH zone of 2955. Then there will be a new ATH level at 2970.
Technical analysis:
🔆Based on support - resistance levels and important Fibonacci levels combined with trend lines to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2919 – 2921
❌SL: 2914 | ✅TP: 2925– 2931 – 2945
👉Buy Gold 2932 – 2929(European session)
❌SL: 2924 | ✅TP: 2937– 2945 – 2954
👉Sell Gold 2969 – 2971
❌SL: 2976| ✅TP: 2965– 2960 – 2950
FM wishes you a successful trading day 💰💰💰
Bullish Momentum - Tariffs! Waiting for New ATH next week✍️ NOVA hello everyone, Let's comment on gold price next week from 02/24/2025 - 02/28/2025
🔥 World situation:
Gold price slides late on Friday, poised to end the week positively, accumulating eight straight weeks of gains that pushed the yellow metal to all-time highs of $2,954. At the time of writing, the XAU/USD trades at $2,940, down 0.15%.
The financial markets' narrative has not changed as US President Donald Trump continues with rhetoric related to tariffs. In addition to imposing 25% tariffs on cars, pharmaceuticals and chips, Trump broadened duties to lumber and other soft commodities.
This fueled the rally in Bullion prices as investors seeking safety drove prices higher amidst uncertainty about US trade policies. Meanwhile, geopolitics took a second stage as there was some progress in the discussion to end the Russia-Ukraine war, which relieved the markets.
🔥 Identify:
Accumulated price zone 2918 - 2954, uptrend maintained well above zone 2900
🔥 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: $2954, $2965, $2980
Support : $2918, $2895, $2877
🔥 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
Xauusd trend in European and American trading sessions - uptrendGold news:
🔆The recent decline in Gold prices appears to be driven by profit-taking as traders adjust their positions ahead of this week's first key economic release from the US – the S&P Global Preliminary business PMIs.
🔆This data could shift market attention back to the Federal Reserve’s stance on interest rate cuts, especially after the January meeting minutes did little to change expectations of two rate reductions this year. The minutes reaffirmed the Fed's cautious approach, stating that "many participants noted that the committee could maintain a restrictive policy rate if the economy remained strong and inflation stayed elevated," particularly in response to Trump’s trade policies.
🔆Despite this, ongoing expectations of two Fed rate cuts in 2025 continue to provide support for non-yielding Gold prices. Any short-term downside reaction to strong PMI data may be limited, as fresh developments regarding US President Donald Trump’s proposed tariffs could emerge, reinforcing safe-haven demand for Gold.
🔆Trump’s tariff discussions, along with geopolitical uncertainties surrounding the Russia-Ukraine peace negotiations, have contributed to Gold’s record-breaking rally.
Personal opinion:
🔆The RSI indicator is in the sell zone and will remain until the US session. Therefore, Gold will have a slight decline to gain momentum for the main trend. In general, any decline in gold prices can be considered a buying opportunity in the near future.
Technical analysis:
🔆Based on resistance - support zones and important Fibonacci levels combined with trend lines to come up with a suitable strategy.
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2918 – 2920 (European session)
❌SL: 2914 | ✅TP: 2925– 2930 – 2940
👉Buy Gold 2905 – 2907
❌SL: 2899 | ✅TP: 2913– 2920 – 2930
👉Sell Gold 2968 – 2970
❌SL: 2975| ✅TP: 2963– 2958 – 2950
price line up new ATH, strong bulls⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) gains traction in the Asian session on Thursday, staying near its record high from the previous day. Concerns over a potential global trade war rise as US President Donald Trump threatens new tariffs, boosting demand for the safe-haven metal. Meanwhile, a drop in US Treasury yields further supports gold's appeal.
⭐️ Personal comments NOVA:
Bulls dominate, uptrend continues to create new ATH, a series of new tariff policies will be announced in the near future
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2956 - $2958 SL $2963
TP1: $2950
TP2: $2940
TP3: $2930
🔥BUY GOLD zone: $2926 - $2928 SL $2923 scalping
TP1: $2932
TP2: $2936
TP3: $2942
🔥 BUY GOLD zone: $2893 - $2895 SL $2887
TP1: $2902
TP2: $2910
TP3: $2920
⭐️ 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
Gold Trend in US Trading Session, ATH 3000?• Gold news:
🔆Gold is still on track to break its own new ATH and shows no signs of stopping, as the rally is being driven by the fact that Gold prices are finding support as trade tensions escalate following US President Donald Trump’s announcement on Wednesday that heavy tariffs on a range of products will be imposed next month or even sooner.
🔆The US dollar is struggling to sustain its recent rally as US Treasury yields fall, further boosting demand for the safe-haven metal.
🔆In addition, the minutes of the January FOMC meeting released on Wednesday showed that officials saw significant uncertainty, warranting a cautious approach to any potential rate cuts.
🔆Gold purchasing power remains undiminished amid rising global trade tensions
Personal opinion:
🔆Gold price will continue to increase in the coming time, so watch for pullbacks to prioritize buying gold in the short term
Analysis:
🔆Based on the trend line combined with information about the tariff war between the United States and related countries.
Plan:
🔆 Price Zone Setup:
👉Sell Gold 2969 -2971 (European session)
❌SL: 2976 | ✅TP: 2963 - 2957 – 2951
👉Buy Gold 2950 -2948
❌SL: 2944 | ✅TP: 2955 - 2960 – 2968
Gold Trading Strategy Today - Will Gold Continue to Fall?Gold News:
🔆The ongoing U.S. tariff disputes with Canada, Mexico, and China have prompted many investors to rethink their strategies, leading to an increased allocation toward Gold. As trade tensions continue to rise, there is mounting concern that the tariff conflict could expand to include the U.S.'s European trading partners. If this scenario unfolds, Gold's role as a safeguard against economic uncertainty will become even more significant.
🔆Furthermore, central banks have been actively buying Gold, with 2024 seeing a record acquisition of 4,974 tonnes, according to the World Gold Council. This unprecedented demand highlights Gold's enduring appeal as a stable investment during times of economic instability.
Gold's Technical Outlook: Key Levels and Price Movement
🔆Gold recently settled at $2,882.99 per ounce, marking a slight decrease of nearly 2% as of February 14, 2025. This decline is mainly due to profit-taking just above the important weekly support level of $2,864. Nevertheless, Gold has maintained a seven-week winning streak within a clearly defined 16-month bullish price channel, indicating sustained investor confidence in its safe-haven qualities.
Comment:
🔆Gold will have a period of recovery and decline for investors to refer to and bounce back according to the main trend that is still going strong
Analysis:
🔆Based on the important Resistance - Support zones and consider based on economic activities and ongoing trade wars
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2863 - 2860
❌SL: 2854 | ✅TP: 2868 - 2875 – 2885
👉Sell Gold 2945 -2943
❌SL: 2951 | ✅TP: 2938 - 2930– 2920
FM wishes you a successful trading day 💰💰💰
Gold price returns to trendline and increasesScalping XAU : 18 Feb, 2025
Gold News:
🔆Federal Reserve Board of Governors member Michelle Bowman stated that elevated asset prices might have slowed inflation progress and emphasized the need for greater confidence in declining inflation before considering rate cuts. She also noted that wage growth remains above levels aligned with the Fed’s inflation target.
Meanwhile, fellow Board member Christopher Waller remarked that inflation improvement last year was frustratingly slow and suggested that rate cuts would be appropriate in 2025 if inflation follows a similar trend as in 2024. Waller anticipates continued disinflation and expects rate reductions to resume on a yearly basis.
🔆Meanwhile, the outcome of discussions between the Kremlin and Washington is expected to be the main market driver, particularly as US traders return after a long weekend. If the negotiations fail, increased risk aversion could boost demand for Gold as a safe-haven asset, potentially driving its price higher alongside the US Dollar.
Personal Opinion:
🔆Uptrend, recovery confirmed when price breaks out of resistance 2905, if price returns to trendline, BUY signal can be taken
Analysis:
🔆Based on important Resistance - Support zones and 200 EMA combined with consideration based on political developments, trendline M45
Plan:
🔆Price Zone Setup:
👉BUY Gold 2906 - 2903
❌SL: 2898 | ✅TP: 2912 - 2918 – 2925
FM wishes you a successful trading day 💰💰💰
Waiting for FOMC and the next trend of GoldGold news:
🔆Concerns over renewed tariffs, coupled with the absence of positive outcomes from the US-Russia peace talks excluding Ukraine on Tuesday, have weakened investor confidence, boosting demand for safe-haven assets like gold.
🔆Market participants remain apprehensive about a potential escalation in global trade tensions due to Trump's protectionist policies. Additionally, expectations of further monetary easing by the Federal Reserve continue to support the precious metal.
🔆The disappointing US Retail Sales data released on Friday, along with mixed inflation signals, indicate that the Fed might consider cutting interest rates in its September or October meeting.
🔆Consequently, investors will closely monitor the Fed's January meeting minutes for insights into the central bank’s rate trajectory and its impact on the non-y
Personal opinion:
🔆Gold will have a decline above 2900, then continue to maintain the upward momentum due to fundamental and technical factors. There will be a new ATH this week
Analysis:
🔆Based on fundamental analysis - geopolitics combined with SMA and important resistance - support zones to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
Sell Gold 2974 - 2976
❌SL: 2981 | ✅TP: 2970 - 2963 – 2955
👉Buy Gold 2903-2905
❌SL: 2898 | ✅TP: 2910 - 2915– 2925
FM wishes you a successful trading day 💰💰💰
Gold Price Prediction for Late European Session and US SessionXAUUSD Trend Update:
🔆Gold shows signs of breaking the trend line, retesting and increasing strongly.
🔆In the middle of the European session, gold still holds the 2910 mark, so it is likely to increase strongly in the near future.
Plan:
🔆 Price Zone Setup:
👉Sell Gold 2943 -2945
❌SL: 2950 | ✅TP: 2938 - 2932 – 2925
👉Buy Gold 2883 -2885
❌SL: 2877 | ✅TP: 2890 - 2895 – 2900
Bullish zone - continue towards old ATH - scalping⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) surges again, nearing $2,920 on Thursday, as traders dismiss the impact of January's US inflation data. They also seem unfazed by reports of an upcoming meeting between US President Donald Trump and Russian President Vladimir Putin to discuss a potential peace deal. Despite these factors, gold continues its strong rally, highlighting traders' confidence in the safe-haven asset.
⭐️ Personal comments NOVA:
Gold is currently accumulating in the European session at 2910-2920, waiting for the next uptrend. Waiting for BUY entry at 2908.
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2908 - $2906 SL $2903
TP1: $2912
TP2: $2916
TP3: $2922
⭐️ 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
Short term bearish H1 - bears will continue to push price up⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Dollar climbs to its highest level in over a week as expectations grow that Trump's protectionist policies could drive inflation higher, pushing the Federal Reserve to maintain its hawkish stance and keep interest rates unchanged.
A stronger USD, coupled with overbought conditions on the daily chart, leads to some profit-taking on XAU/USD as traders adjust positions ahead of Fed Chair Jerome Powell's congressional testimony.
⭐️ Personal comments NOVA:
In the context of current world trade tensions, gold continues its upward trend, possibly above $3000 in February 2025.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2929 - $2931 SL $2934
TP1: $2925
TP2: $2920
TP3: $2915
⭐️ 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
Tariffs - ATH - featured keyword with XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
On Monday, US President Donald Trump signed two proclamations reinstating 25% tariffs on metals and removing all previous exemptions on steel and aluminum tariffs from his 2016-2020 term.
Additionally, Trump informed reporters that he plans to announce reciprocal tariffs on other countries within the next two days. This news boosted demand for safe-haven assets, pushing gold prices to a new record high during the Asian session on Tuesday.
⭐️ Personal comments NOVA:
Asian session witnessed strong growth, gold price reached new ATH 2942, then showed signs of profit taking, still an uptrend today
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2957 - $2959 SL $2964
TP1: $2950
TP2: $2940
TP3: $2930
🔥 BUY GOLD zone: $2898 - $2900 SL $2895 Scalping
TP1: $2905
TP2: $2910
TP3: $2915
🔥 BUY GOLD zone: $2888 - $2886 SL $2881
TP1: $2895
TP2: $2902
TP3: $2910
⭐️ 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
All eyes on Fed Chair Powell to testify before Congress todayGold News:
🔆All eyes are on the US CPI report and Fed Chair Jerome Powell’s speech to Congress this week
🔆Last week’s jobs report showed continued signs of recovery in the labor market. A surprisingly lower unemployment rate, higher wages and an upward revision to December employment suggest the US labor market is closing out 2024 on solid footing.
🔆Recent data suggest the labor market has regained momentum. This suggests that risks have eased, so the Federal Open Market Committee (FOMC) will likely wait to see how first-quarter inflation data and economic policy play out before making further moves on the federal funds rate
🔆The CPI report due on February 12 is also important news as it is the Fed's preferred measure of inflation to adjust interest rates accordingly
Personal opinion:
🔆Fed Chairman Powell will likely act in a hawkish manner and not rush to cut interest rates while waiting to see if President Trump's tariff policies cause inflation to spike.
🔆However, the priority should be to assess the potential risks of tariffs on inflation and then monetary policy.
Technical analysis:
🔆Based on Fibonacci combined with Resistance - Support Zones and Trend Lines
Plan:
🔆Price Zone Setup:
👉Buy Gold 2888 -2886
❌SL: 2881 | ✅TP: 2892 - 2900 – 2910
👉Sell Gold 2955 -2957
❌SL: 2964 | ✅TP: 2950 - 2945 – 2935
Thank you for reading my comment: "FM"
Trade war tensions, will gold prices rise to 2900?Gold News:
🔆On Sunday, Trump announced plans to impose a 25% tariff on all steel and aluminum imports into the United States today. This led to concerns that a new trade war would escalate in the near future. Gold prices rose slightly in Asian trading.
🔆The US 10-year bond yield also fell slightly in early trading, but the DXY Dollar Index rose 0.34% on the day to trade at 108.44.
Review:
🔆Gold prices are expected to retest the ATH level of last Friday. Trump's tariff policy and the response of related countries remain the main factors affecting the upward trend of gold. If tensions continue to escalate, gold prices will continue to maintain the upward trend.
Analysis :
🔆Based on the continued escalation of trade tensions between the United States and related countries
🔆RSI (1H) is rising and above the moving average, indicating an uptrend
The uptrend line is combined with the Resistance - Support zone.
Plan:
🔆Price Zone Setup:
👉Buy Gold 2868 -2870 (European session)
❌SL: 2864 | ✅TP: 2875 - 2882 – 2890
👉Sell Gold 2884 -2886 (European session)
❌SL: 2891 | ✅TP: 2878 - 2870 – 2860
Thank you for reading my comment: "FM"
World trade tensions, gold price opportunity above 2900✍️ NOVA hello everyone, Let's comment on gold price next week from 02/10/2025 - 02/14/2025
🔥 World situation:
Gold extended its rally on Friday as US-China trade tensions escalated and US employment data delivered mixed signals. XAU/USD climbed 0.24%, trading at $2,862.
President Donald Trump’s plans to impose reciprocal tariffs on multiple countries next week provided a boost for bullion, reinforcing its safe-haven appeal. Rising geopolitical uncertainty over the weekend could further drive demand for gold.
Meanwhile, US data showed January’s Nonfarm Payrolls fell short of expectations, but the Unemployment Rate declined from both estimates and December’s reading. This resilience in the labor market could deter the Federal Reserve from easing policy in the near term.
🔥 Identify:
The long-term framework continues for the upcoming uptrend, in the context of the risk of trade war is still very tense, gold becomes a safe investment channel, the opportunity to reach ATH 3000 this year
🔥 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: $2886, $2900, $2944
Support : $2833, $2810
🔥 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 Shows Short Term Reversal Pattern, Buy or Sell?🔔🔔🔔 Gold News:
🔆The tariff war between the US and its countries is easing with no signs of further escalation.
🔆With trade tensions temporarily easing, attention turns to Friday’s key US Non-Farm Payrolls (NFP) data, which could signal the Fed’s next policy move. The NFP data could emerge as the key market driver for Gold prices
🔆Meanwhile, the US Jobless Claims report will be watched along with Fedspeak for some trading impetus for Gold prices.
🔆In addition, Trump’s plan to end the Israel-Hamas geopolitical conflict also provided a glimmer of hope to the market, reducing the USD’s appeal as a safe haven. Israeli Prime Minister Benjamin Netanyahu and Trump met on Tuesday at the White House and discussed key issues in the Middle East.
Technical Analysis:
🔆RSI (1H) has now moved out of the overbought level and is showing signs of falling.
🔆Head and shoulders pattern is likely to emerge
Commentary:
🔆Gold prices are bearish in the short term and will wait for the news on Unemployment Claims along with the US Fedspeak for more momentum. Continuing to monitor the USD/JPY developments, the Japanese Yen has hit a nearly two-month high against the US Dollar, dragging USD/JPY down sharply. This is a significant resistance level for the Greenback.
Plan:
🔆Price Zone Setup:
👉Buy Gold 2840 -2843 (European session)
❌SL: 2835 | ✅TP: 2849 - 2855 – 2862
👉 Buy Gold 2818 – 2820
❌SL: 2813 | ✅TP: 2825 – 2832 – 2840
👉Sell Gold 2888 -2890
❌SL: 2895 | ✅TP: 2884 - 2878 – 2870
Thank you for reading my comment: "FM"
SIDEWAY and go up to make ATH 2800⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
In January, the US ADP National Employment Change showed private sector job growth accelerating from 176K to 183K, surpassing expectations of 150K. Meanwhile, the ISM Services PMI came in at 52.9, slightly above the 52.8 forecast but down from December’s 54.0. Similarly, the S&P Global Services PMI fell from 56.8 to 52.9, still exceeding projections of 52.8. Money markets are now pricing in 52 basis points (bps) of Fed rate cuts in 2025.
⭐️ Personal comments NOVA:
Gold price is sideways around 2855 - 2882, accumulating and will continue to go up: resistance price zone to pay attention to: 2900
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2898 - $2900 SL $2905
TP1: $2890
TP2: $2860
TP3: $2850
🔥 BUY GOLD zone: $2832 - $2834 SL $2827
TP1: $2840
TP2: $2850
TP3: $2860
⭐️ 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
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
ATH 2880 XAU, can it be reached today?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Trump extended a 30-day delay on the 25% tariffs for Canada and Mexico, sparking optimism that a global trade war may be avoided. However, this does little to weaken the bullish outlook for the safe-haven metal. Meanwhile, Wednesday’s US economic calendar includes the ADP private-sector employment report and ISM Services PMI, which could impact the USD and create short-term trading opportunities for gold.
⭐️ Personal comments NOVA:
Gold price continues to maintain the uptrend, waiting for new ATH 2880 or 2900 this week, waiting for ADP-NF and NF results this week
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2900 - $2902 SL $2905 SCALPING
TP1: $2895
TP2: $2890
TP3: $2885
⭐️ 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
Will gold continue to hit new ATH?Gold News:
🔆Gold prices hit a fresh record high above $2,860 on Wednesday morning as concerns over the economic fallout from Trump’s trade tariffs and China’s retaliation continued to boost demand for traditional safe-haven assets.
🔆Gold prices took advantage of a weaker US dollar as trade tensions escalated
🔆The escalation of the US-China trade war weighed on the greenback, with the US Dollar Index (DXY) falling below 108.00.
🔆The benchmark 10-year US Treasury yield remained at bear market levels at 4.51%.
🔆Gold’s uptrend remains intact as price momentum picked up, as depicted by the Relative Strength Index (RSI). RSI (2-hour time frame) gives an overbought signal, but due to the strength of the trend, the most extreme level has increased from 70 to 80 and there is no sign of a reversal
Comment:
🔆Overall, the upward trend of gold prices is supported by fundamental factors such as trade tensions and safe-haven demand. In addition, investors should refer to today's US economic data such as ADP Non-Farm Employment Change and ISM Services PMI to make reasonable trading decisions.
🔆Analysis based on Trend Line combined with Fibonacci and Resistance - Support Zone.
🔆Support level: $2,843 $2,820 $2,800
🔆Resistance level: $2,888 $2,900
Plan:
🔆Price Zone Setup:
👉Buy Gold 2840 -2843 (European session)
❌SL: 2835 | ✅TP: 2849 - 2855 – 2862
👉 Sell Gold 2843 – 2845
❌SL: 2850 | ✅TP: 2839 – 2833 – 2825
👉 Buy Gold 2818 – 2820
❌SL: 2813 | ✅TP: 2825 – 2832 – 2840
Thank you for reading my comment: "FM"
Will Xauusd hit a new ATH today?News:
🔆Trump has postponed the 25% tariffs on Canada and Mexico for another 30 days, raising optimism that a full-blown trade war can be avoided. However, the continued heavy tariffs on China and China's retaliatory moves raise the bullish outlook for the safe-haven metal.
🔆On the other hand, the US economic calendar on Wednesday includes ADP Non-Farm Employment Change and ISM Services PMI, which could be a breakout to make a higher ATH or a recovery to accelerate the main trend
Personal opinion:
🔆RSI 1H from the extreme overbought zone above 80 is showing a slight recovery and showing signs of retracement to test the trend line
🔆Gold price remains in an uptrend, new ATH expected at 2890 or 2900, waiting for ADP Non-Farm Employment Change and ISM Services PMI
Plan:
🔆Price Zone Setup:
👉Sell Gold 2899 -2900
❌SL: 2905 | ✅TP: 2895 - 2890 – 2885
Thank you for reading my comment: "FM"