Gold Consolidates - Trying to Return to Bullish Momentum⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edge higher during Thursday’s Asian session but remain range-bound amid mixed market signals. The Federal Reserve’s hawkish pause after its two-day policy meeting strengthens the US Dollar, limiting gold’s upside. However, declining US Treasury yields and concerns over President Donald Trump’s tariff policies provide support for the safe-haven metal.
⭐️Personal comments NOVA:
Gold is mostly sideways below the old ATH 2789, the market is accumulating before wanting to reach a new ATH
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2784 - $2786 SL $2791
TP1: $2778
TP2: $2770
TP3: $2760
🔥BUY GOLD zone: $2746 - $2748 SL $2743 scalping
TP1: $2752
TP2: $2758
TP3: $2765
🔥BUY GOLD zone: $2731 - $2733 SL $2726
TP1: $2740
TP2: $2750
TP3: $2760
⭐️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
FOMC - Can Gold Return to ATH 2789?⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) struggles to extend its previous gains, fluctuating above $2,760 during the Asian session on Wednesday. Improved stability in equity markets limits demand for the safe-haven metal.
However, a renewed decline in US Treasury yields and expectations of further Federal Reserve (Fed) rate cuts this year restrain the US Dollar’s recovery from a one-month low. Additionally, uncertainty surrounding US President Donald Trump’s tariff policies provides support for gold.
⭐️Personal comments NOVA:
Gold price recovers - market is positive again after a short correction. FOMC important information for the market to continue to be positive or not
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2787 - $2789 SL $2794
TP1: $2780
TP2: $2770
TP3: $2760
🔥BUY GOLD zone: $2716 - $2718 SL $2711
TP1: $2725
TP2: $2732
TP3: $2740
⭐️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
Chances of gold price hitting new ATH this week?⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
China's National Bureau of Statistics (NBS) reported that both Services and Manufacturing PMIs have moved into contraction, signaling a potential slowdown in the global economy.
In the US, the Chicago Fed National Activity Index for December showed improvement by exiting negative territory, indicating signs of economic recovery.
Looking ahead, this week's US economic calendar includes key data releases such as Durable Goods Orders, the Federal Reserve's monetary policy meeting, Q4 2024 GDP figures, job market updates, and the Fed's preferred inflation measure—the Personal Consumption Expenditures (PCE) Price Index.
⭐️Personal comments NOVA:
Gold adjusted down within the range of 2 H1 trendlines, sideways price range 2730-2750 in Asian and European sessions, waiting for US session news data
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2705 - $2707 SL $2700
TP1: $2715
TP2: $2723
TP3: $2730
🔥SELL GOLD zone: $2759 - $2761 SL $2766
TP1: $2750
TP2: $2740
TP3: $2730
⭐️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 adjusted at the beginning of the week - still in an uptrend⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) dip slightly to around $2,765 during the early Asian session on Monday, influenced by renewed demand for the US Dollar (USD). However, the downside for the precious metal may remain limited due to prevailing caution and uncertainty over US President Donald Trump's tariff policies.
The USD gains strength as Trump escalates trade tensions with new measures. On Sunday, he imposed significant tariffs and sanctions on Colombia after the country refused to allow two military planes carrying deported migrants to land. Trump announced an emergency 25% tariff on all Colombian imports, set to increase to 50% within a week. This development adds pressure on USD-denominated gold prices.
⭐️Personal comments NOVA:
Gold prices adjusted down after a strong increase last week, creating liquidity at the beginning of the week. Still in an uptrend.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2740 - $2738 SL $2733
TP1: $2748
TP2: $2755
TP3: $2770
🔥SELL GOLD zone: $2783 - $2785 SL $2790
TP1: $2775
TP2: $2768
TP3: $2760
⭐️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
Scalping ! XAU ! old ATH SELL entry 2788⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Markets are increasingly anticipating that the US Federal Reserve may cut interest rates twice this year as inflationary pressures in the US show signs of easing.
On Friday, President Trump described his conversation with Chinese President Xi Jinping as amicable and expressed optimism about reaching a trade deal with China, adding that he prefers to avoid tariffs.
This has helped ease concerns over Trump's protectionist policies driving inflation higher, reinforcing expectations of further Fed policy easing and supporting the appeal of the non-yielding Gold price.
⭐️Personal comments NOVA:
Uptrend - positive market sentiment, may surpass ATH 2788 soon
⭐️SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2788 - $2790 SL $2793
TP1: $2784
TP2: $2778
TP3: $2770
⭐️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 growth - 2788 highest price zone⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) regains upward momentum after a brief pause, climbing to $2,777 during the Asian session on Friday, marking its highest level since October 31. Concerns over US President Donald Trump's trade policies potentially sparking trade wars and increasing market volatility continue to fuel demand for the safe-haven metal. Additionally, expectations of further interest rate cuts by the Federal Reserve (Fed) weigh on the US Dollar (USD), pushing it closer to a monthly low and supporting the non-yielding yellow metal.
Trump's recent comments, expressing a preference to avoid imposing tariffs on China, have slightly boosted global risk sentiment but have not diminished the positive outlook for Gold. However, mildly overbought conditions on short-term charts may limit fresh bullish positions on XAU/USD in the near term. Even so, the metal is set for strong weekly gains and edges closer to its all-time high near $2,790, reached in October.
⭐️Personal comments NOVA:
Market optimism - expect new ATH coming to surpass 2788
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2723 - $2725 SL $2718
TP1: $2735
TP2: $2742
TP3: $2750
🔥SELL GOLD zone: $2788 - $2790 SL $2793 scalping
TP1: $2784
TP2: $2778
TP3: $2770
🔥SELL GOLD zone: $2800 - $2798 SL $2805
TP1: $2790
TP2: $2780
TP3: $2770
⭐️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
Scalping XAU ! Adjusted down for retest entry BUY⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) eases slightly after hitting its highest level since November 6 during early European trading on Tuesday but remains above $2,725, up over 0.50% for the day. The US Dollar (USD) recovers from Monday's two-week low, driven by expectations that US President Donald Trump's protectionist policies could fuel inflation and prompt the Federal Reserve (Fed) to maintain its hawkish stance. Additionally, the upbeat sentiment in equity markets weighs on demand for the safe-haven metal.
⭐️Personal comments NOVA:
Gold adjusted down in Asian and European sessions, however the main uptrend is still waiting for BUY entry.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2716 - $2714 SL $2711
TP1: $2720
TP2: $2725
TP3: $2730
⭐️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
Trading Plan for Today's US Trading Session🔆Trump uncertainty pushes gold prices near all-time highs. Gold prices jumped to a near three-month high on Wednesday, trading just below a record high, boosted by a weak dollar and a lack of clarity around U.S. President Donald Trump’s policy plans, which investors fear could spark a trade war and increase market volatility.
🔆 Assessment:
👉In the long term, the gold trend is still maintaining an upward momentum. However, the short term is showing a slight adjustment
👉In the context of not many economic policies of major financial countries being announced. Investors' concern is to find safer investment channels such as Gold. And wait for clear policies of D. Trump to be able to make reasonable investment decisions
Plan:
🔆Price Zone Setup:
👉 Buy Gold 2720 – 2722
❌SL: 2715 | ✅TP: 2728 – 2733 – 2740
👉SELL Gold 2774 -2776
❌SL: 2781 | ✅TP: 2767 - 2760 - 2753
Thank you for reading my comment: "FM"
Gold Trend in US Session🔆Technical analysis and prediction:
Gold is still in an uptrend and there is no sign of reversal, based on the short-term trend line of the 15m time frame, gold is showing signs of a slight decrease and will break out to the $2774 area
🔆Price Zone Setup:
👉 Buy Gold 2754 – 2756
❌SL: 2749 | ✅TP: 2761 – 2766 – 2772
👉SELL Gold 2774 -2776
❌SL: 2781 | ✅TP: 2767 - 2760 - 2753
Thank you for reading my comment: "FM"
Bulls maintain the Uptrend - XAU up⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its upward momentum for the third consecutive day on Wednesday, reaching its highest level since November 1 near the $2,750 mark during the Asian session. This rally is driven by safe-haven demand amid uncertainty surrounding US President Donald Trump's trade policies. Additionally, a recent drop in US Treasury bond yields, supported by expectations of two Federal Reserve (Fed) rate cuts this year, provides further support for the non-yielding yellow metal.
⭐️Personal comments NOVA:
Long-term Uptrend remains, expect higher price zones 2756, 2774
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2720 - $2718 SL $2713
TP1: $2728
TP2: $2735
TP3: $2748
🔥SELL GOLD zone: $2755 - $2757 SL $2760 scalping
TP1: $2750
TP2: $2745
TP3: $2740
🔥SELL GOLD zone: $2774 - $2776 SL $2781
TP1: $2765
TP2: $2758
TP3: $2750
⭐️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
Personal opinion on the direction of gold today🔆 Gold news:
Gold prices (XAU/USD) extended gains for a third straight session on Wednesday, hitting an 11-week high of around $2,751 in Asian trading. The rise was fueled by increased safe-haven demand amid concerns over U.S. President Donald Trump’s trade policies. In addition, falling U.S. Treasury yields, supported by expectations of two Federal Reserve rate cuts this year, further supported the appeal of the non-yielding precious metal.
🔆 Technical:
Based on Fibonacci and support resistance zones to set up appropriate buy orders
🔆 Personal opinion:
Continue the uptrend, look at the 2760, 2774 price zone as this is the Fibonacci crossover and the resistance zone
🔆 Price Zone Setup:
👉 Buy Gold 2720 – 2722
❌SL: 2714 | ✅TP: 2728 – 2734 – 2740
👉SELL Gold 2774 -2776
❌SL: 2781 | ✅TP: 2767 - 2760 - 2753
Thank you for reading my comment: "FM"
Will Gold Recover After Dropping to Fibo 0.618 Level ($2717) ?🔆 Gold News:
Gold (XAU/USD) edged lower after hitting its highest since December 12 in early European trading on Tuesday but closed down at $2,717. The US dollar (USD) rebounded from a two-week low on Monday, on hopes that US President Donald Trump’s protectionist policies could boost inflation and prompt the Federal Reserve to maintain its dovish stance. Falling bond yields also contributed to gold’s gains
🔆 FM Opinion
Gold corrected lower in European trading to the 0.618 Fibonacci level ($2,717) and rebounded sharply, indicating that buying demand remains strong. The next target will be the 1.618 Fibonacci level ($2,740) which will intersect the 4H trendline.
Thank you for reading my comment: "FM"
Gold price analysis according to trendline and Fibonacci🔆 Gold prices have risen significantly following the inauguration of US President Donald Trump.
🔆 The increase is attributed to a weaker US dollar as markets assess the impact of economic policies during President Trump's second term. The US dollar fell about 1% after reports that any new taxes would be "moderate". The weakening of the US dollar makes gold more attractive to foreign investors.
🔆 Some of President Trump's policies could lead to higher inflation in the long term, which would continue to support safe-haven assets such as gold.
🔆 However, it is important to note that President Trump's policies, while likely to boost inflation, could also prompt the US Federal Reserve to maintain or raise interest rates, affecting the appeal of gold. Gold typically thrives in a low-interest-rate environment.
🔆 Overall, gold prices are reacting positively to current political and economic developments, especially the new administration's trade and fiscal policies.
🔆Analysis:
Based on Fibonacci, Trendline, resistance - support zones to come up with a reasonable method
🔆Price Zone Setup:
👉 Buy XAU 2700 – 2702
❌SL: 2695 | ✅TP: 2708 - 2716 – 2724
👉SELL XAU 2740-2742
❌SL: 2746 | ✅TP: 2735 - 2729 - 2720
Thank you for reading my comment: "FM"
Gold Buy Signal: Bullish Momentum Alert! The gold market is on 🔥 with strong bullish momentum dominating the charts! 📈 We’ve identified a powerful upward channel that’s guiding prices higher, supported by impeccable price action setups.
Key Highlights:
✨ Price is breaking key levels with confidence, signaling continued strength.
✨ Uptrend intact, with no signs of slowing down.
✨ Perfect entry opportunity to ride the wave as the market pushes toward new highs.
📌 Don’t miss out on this golden opportunity—secure your position now and capitalize on the ongoing rally! 💰
Break H4 and continue uptrend 2740⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues to gain traction for the second consecutive day, reaching its highest level since November 6, around $2,726 during Tuesday's Asian session. Renewed trade war concerns, sparked by US President Donald Trump's suggestion of imposing tariffs on Canada and Mexico, have increased demand for the safe-haven precious metal.
Additionally, a drop in US Treasury bond yields—driven by expectations that the Federal Reserve (Fed) will implement two rate cuts this year amid signs of easing inflation—further supports the appeal of non-yielding Gold.
⭐️Personal comments NOVA:
Gold price continues to increase in large frame, break 2725 and buying power is stronger
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2701 - $2703 SL $2696
TP1: $2710
TP2: $2720
TP3: $2730
🔥SELL GOLD zone: $2740 - $2742 SL $2747
TP1: $2732
TP2: $2720
TP3: $2710
⭐️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
D.Trump officially becomes US President , a Big bang for Gold? Gold prices continued to fall below $2,700 during the Asian session on Monday. Among the factors driving the decline were higher US Treasury yields, easing tensions between Israel and Gaza, and the market awaiting the inauguration of US President Donald Trump.
Investors are waiting for President Trump to issue the first order on the US President's diamond so they can make specific investments.
Technically:
Determined based on the H4 time frame and following the trend line as follows:
Resistance: $2724, $2748
Support: $2660, $2635
Price Zone Setup:
👉 Buy XAU 2686-2684 (Asia-Europe Session)
❌SL: 2679 | ✅TP: 2691 - 2698 – 2710
👉 Buy XAU 2662-2660
❌SL: 2654 | ✅TP: 2668 - 2674 – 2780
👉SELL XAU 2748-2750
❌SL: 2755 | ✅TP: 2742 - 2737 - 2730
Thank you for reading my comment: "FM"
SCALPING ! XAU ! Gold correction - back to BUY entry⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
This week's US data indicated easing inflation, boosting expectations of two rate cuts by the Federal Reserve this year, which supported the Gold price. Additionally, Fed Governor Christopher Waller stated on Thursday that inflation is expected to decline further and suggested three or four rate cuts might occur if US economic conditions worsen. The prospect of Fed rate cuts drove a further drop in US Treasury yields and kept the US Dollar near a one-week low, providing extra support to XAU/USD.
⭐️Personal comments NOVA:
Gold is adjusting down as necessary, balancing the market. Short and long term frames are still showing that the upward force will continue.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2700 - $2698 SL $2695
TP1: $2704
TP2: $2708
TP3: $2715
⭐️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
XAU SCALPING ! Resistance 2712 entry SELL ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The yield on the benchmark 10-year US Treasury bond continued to pull back from the 14-month high reached on Monday, pushing the US Dollar to a one-week low. However, investor confidence that the Federal Reserve will pause its rate-cutting cycle later this year has renewed demand for the USD, limiting gains for XAU/USD. Richmond Fed President Tom Barkin acknowledged progress toward the central bank's 2% inflation target in recent data but emphasized the need to maintain restrictive interest rates.
⭐️Personal comments NOVA:
Uptrend continues today - scalping sell short resistance zone 2712
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2712 - $2714 SL $2717
TP1: $2708
TP2: $2703
TP3: $2695
⭐️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
2720 - wait for gold price to touch this bullish zone⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) reached a new one-month high during Thursday's Asian session but struggled to sustain momentum above the $2,700 level. Reduced concerns about US President-elect Donald Trump's proposed trade tariffs and expectations of two potential Federal Reserve (Fed) rate cuts this year have supported positive market sentiment. However, a slight uptick in the US Dollar (USD) has limited further gains for the safe-haven metal.
⭐️Personal comments NOVA:
Short and long trends are both supporting the uptrend - resistance zone 2720 H4 frame waiting for price to reach today
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2677 - $2675 SL $2670
TP1: $2685
TP2: $2692
TP3: $2700
🔥SELL GOLD zone: $2720 - $2722 SL $2727
TP1: $2710
TP2: $2700
TP3: $2690
⭐️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
Comments on gold price and CPI todayComment:
Gold prices have recovered from their lows this week as weak US PPI data boosted expectations of a Fed rate cut.
Meanwhile, potential tariffs proposed by Trump could weigh on inflation dynamics, weighing on gold prices and market sentiment.
The rebound was driven by hopes of a looser monetary policy, with attention shifting to the CPI report later today. A weaker CPI reading could further bolster the case for a rate cut.
Market sentiment and inflation:
Gold is often seen as a safe-haven asset and a hedge against inflation. If CPI declines significantly, this could reduce demand for gold as a hedge against inflation. However, if CPI declines are accompanied by signs of economic uncertainty, gold prices could still rise due to safe-haven sentiment.
Synthetic:
• If CPI declines amid a healthy economy and a stronger US dollar, gold prices could fall.
• If CPI falls along with expectations of Fed easing or concerns about a weakening economy, gold prices could rise.
Set Gold price range:
Buy Gold Range: $2647 - $2645 SL: $2640
TP1: $2652
TP2: $2657
TP3: $2662
Sell Gold Range: $2685 - $2687 SL $2691 ( European sessions )
TP1: $2680
TP2: $2676
TP3: $2670
Sell Gold Range: $2697 - $2699 SL $2704
TP1: $2692
TP2: $2687
TP3: $2680
XAU ! Scalping ! break trend price increase towards 2700⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Eased concerns over US President-elect Donald Trump's proposed trade tariffs have bolstered investor confidence, as reflected in the generally positive sentiment across equity markets. Additionally, the strong US jobs report has reinforced expectations that the Federal Reserve will pause its rate cuts later this month.
This has kept US Treasury bond yields elevated, which could limit traders' appetite for aggressive bullish positions on non-yielding Gold. Attention now shifts to upcoming US consumer inflation data for fresh market direction.
⭐️Personal comments NOVA:
M15 short term frame - shows price broke 2680 zone and is trending up stronger
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2697 - $2699 SL $2704
TP1: $2690
TP2: $2680
TP3: $2670
⭐️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
Bulls - Gold price increases! 2698⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices remain resilient despite elevated US real yields, which hover around 2.34%.
The US Dollar softened following the data release, with the Dollar Index (DXY) slipping 0.26% to 109.21. Meanwhile, the US 10-year Treasury bond yield held steady at 4.794%.
In December, the US Producer Price Index (PPI) rose 3.3% year-over-year, slightly below the anticipated 3.4%. Excluding volatile components, Core PPI increased by 3.5% annually, improving from November’s figures but falling short of the 3.8% forecast.
⭐️Personal comments NOVA:
Expected increase 2698, buying pressure is supported, sideway price zone 2670 to accumulate
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2647 - $2645 SL $2640
TP1: $2652
TP2: $2660
TP3: $2670
🔥SELL GOLD zone: $2697 - $2699 SL $2704
TP1: $2690
TP2: $2680
TP3: $2670
🔥SELL GOLD zone: $2684 - $2686 SL $2689 scalping ( Asian and European sessions)
TP1: $2678
TP2: $2674
TP3: $2668
⭐️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
SCALPING ! GOLD ! Gold accumulates at price range 2670⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
US President-elect Donald Trump has pledged to resolve the conflict in Ukraine and announced plans to meet Russian President Vladimir Putin "very soon" after assuming office next week.
The US has indicated progress toward a ceasefire deal, with Hamas reporting positive developments in negotiations. According to two Israeli officials, the agreement's first phase would involve Hamas releasing 33 hostages.
Meanwhile, investors await key US inflation data for further direction, starting with the Producer Price Index today, followed by consumer inflation figures on Wednesday.
⭐️Personal comments NOVA:
Price range 2665 - 2675 sideway waiting for PPI news today, uptrend is waiting ahead
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2656 - $2658 SL $2653 scalping
TP1: $2662
TP2: $2667
TP3: $2675
⭐️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