Gold continues to move up at the beginning of the week⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) faced selling pressure during the Asian session on Monday, ending a four-day rally that brought the metal to a one-month high near $2,700 on Friday. The strong US Nonfarm Payrolls (NFP) report has bolstered expectations that the Federal Reserve (Fed) will pause its rate-cutting cycle this month. This has kept US Treasury bond yields elevated at over a year high and the US Dollar near a two-year peak, weighing on the non-yielding Gold.
At the same time, hawkish Fed expectations and ongoing geopolitical tensions are curbing risk appetite, reflected in weaker equity markets, which provides some support for safe-haven Gold. However, traders may await stronger signals before concluding that Gold's three-week upward trend has reversed. Attention now shifts to the upcoming US inflation data for fresh insights and potential market direction.
⭐️Personal comments NOVA:
Long term uptrend, gold sideways at the beginning of the week and accumulation waiting to reach above 2700
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2662 - $2664 SL $2657
TP1: $2670
TP2: $2680
TP3: $2690
🔥SELL GOLD zone: $2703 - $2705 SL $2710
TP1: $2695
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
Longgold
Personal opinion for today's European trading sessionCanadian Prime Minister Justin Trudeau said on Sunday that Canada is ready to respond with retaliatory tariffs against the United States if President-elect Donald Trump carries out his threat to launch a trade war in North America. This has led to concerns about Trump's trade policy gradually gaining confidence from many investors, although the NFP news last weekend was beneficial to the dollar, but the price of gold still rose sharply.
Personal opinion:
In the upcoming trading session in Europe, gold will rise back to 2700, then review the situation
Setting price zone:
🔔🔔🔔 BUY GOLD $2683_ $2685↗️↗️↗️
❌ SL: $2678
✅ TP1: $2690
✅ TP2: $2697
Possibility of continuing to hold interest rates!Safe haven gold✍️ NOVA hello everyone, Let's comment on gold price next week from 01/13/2025 - 01/17/2025
🔥 World situation:
Gold prices recovered from intraday lows on Friday, marking a fourth consecutive day of gains, despite a strong US Nonfarm Payrolls report. This eased some of the Federal Reserve’s concerns about the labor market, though inflation remains a focus for policymakers. XAU/USD rose 0.69% to trade at $2,687. Earlier, Gold briefly dropped after the US Bureau of Labor Statistics reported robust job growth exceeding 200K and a lower Unemployment Rate. These figures prompted investors to anticipate fewer interest rate cuts, as the economy continues to generate jobs while the disinflation process appears to have stalled, per the Fed's latest minutes.
🔥 Identify:
Gold recovered strongly at the beginning of the year, as the market believed in the FED's interest rate policy, and the economy was gradually recovering better.
🔥 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: $2720, $2750
Support : $2640, $2612
🔥 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
NF - Data could help gold prices surpass $2700⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) maintains a positive trend for the fourth consecutive day on Friday, hovering just below the near four-week high reached on Thursday. Investor sentiment remains cautious due to uncertainty surrounding US President-elect Donald Trump's proposed tariffs and ongoing geopolitical tensions, supporting demand for the safe-haven metal. Additionally, expectations that Trump's expansionary policies could drive inflation further enhance Gold's appeal as a hedge against rising prices.
⭐️Personal comments NOVA:
Technically and predicting the results of today's NF news, we expect the gold price to recover - return to the 2700 area today, the main uptrend.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2621 - $2619 SL $2614
TP1: $2630
TP2: $2640
TP3: $2650
🔥SELL GOLD zone: $2714 - $2716 SL $2721
TP1: $2705
TP2: $2697
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
Scalping XAU ! Waiting for the Uptrend to surpass 2700 with NF⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its upward momentum for the fourth consecutive day, reaching a new four-month high near $2,680 during early European trading on Friday. Ongoing geopolitical tensions from the prolonged Russia-Ukraine conflict, unrest in the Middle East, trade war concerns, and a softer risk sentiment continue to fuel safe-haven demand for the precious metal.
⭐️Personal comments NOVA:
Uptrend prevails ahead of NF news - Data forecast to be bad for the dollar, gold has a chance to return to the 2700 price zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2700 - $2702 SL $2705 scalping
TP1: $2695
TP2: $2690
TP3: $2685
⭐️ 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 Price Prediction Before and After NFP NewsAnalysis:
Gold prices continued to rise for the fourth consecutive day despite the continued strength of the US dollar (USD) and US Treasury yields. Concerns about the possibility of inflation from President-elect Donald Trump's upcoming trade and immigration policies have boosted the appeal of gold as an inflation hedge and a safe-haven asset.
The yield on the 10-year US Treasury note hit an eight-month high above 4.68%, somewhat limiting the upside in non-yielding gold.
The market also maintained a risk-off attitude and did not bet on gold amid the usual cautiousness ahead of the NFP
A weaker-than-expected NFP could prompt the Fed to consider another rate cut, fueling the ongoing gold rally. Conversely, if the NFP news is stronger than expected, this could increase the Fed's hawkish bets, signaling a strong bearish trend for gold prices.
Personal prediction:
Gold price before NFP news could reach $2690 or even further to the psychological level of $2700, so consider buying these two targets
The market is very volatile after the news, so wait for the market reaction
Setting price range
BUY GOLD $2668_ $2670 SL: $2662
TP1: $2675
TP2: $2680
TP3: $2689
SELL GOLD $2719 – $2721 SL: $2726
TP1: $2715
TP2: $2710
TP3: $2705
Scalping BUY - Follow the main trend today ! GOLD ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
A Labor Department report revealed that Initial Jobless Claims dropped to 201,000 for the week ending January 4, the lowest level since February 2024, indicating a steady labor market.
Minutes from the December FOMC meeting highlighted policymakers' views of a gradual easing in labor market conditions and their support for slowing the pace of rate cuts due to stalled disinflation.
On Wednesday, the benchmark 10-year US Treasury yield surged to its highest since April 25, strengthening the US Dollar near a two-year high and putting pressure on Gold prices.
⭐️Personal comments NOVA:
Short term frame shows price breaking trend, continuing to increase. Waiting for correction in higher price zones 2674, 2686
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2663 - $2661 SL $2657 scalping
TP1: $2667
TP2: $2672
TP3: $2680
⭐️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 news summary yesterday and today; Personal opinionNEWS: XAU/USD
Gold News Yesterday and Today
Gold prices fell on Thursday as rising yields and a stronger US dollar weighed on investors, while investors awaited US data for more clarity on the Federal Reserve's interest rate stance for 2025. And markets are looking ahead to tomorrow's US jobs report
The ADP National Employment Report showed US private payroll growth slowed sharply a month ago to 122,000 from 146,000 in November 2024.
Trump took office on January 20, with investors anticipating that the tariffs and protectionist policies he proposed are expected to boost inflation.
Summary
Personal opinion: Gold prices are expected to rise slightly today due to the influence of yesterday's ADP news, plus the US bond yields are falling slightly. The market is a bit volatile today in preparation for more data to be released tomorrow, especially the NF news.
Price Setup
Buy Gold Zone: $2660-$2662 SL$2655
TP1: $2670
TP2: $2675
TP3: $2680
Bulls Dominate - Long Frame Uptrend⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edge lower during Thursday’s Asian session, retreating from the four-week high near $2,670 reached the previous day. The US Dollar (USD) remains strong, hovering near its two-year peak following the Federal Reserve's (Fed) hawkish stance. The Fed signaled a slower pace of rate cuts in 2025, citing a resilient US economy, a robust labor market, and persistent inflation pressures, which weigh on the appeal of the non-yielding yellow metal.
However, concerns over President-elect Donald Trump’s protectionist trade policies and ongoing geopolitical risks provide some support for Gold’s safe-haven demand. A slight pullback in US Treasury yields has limited aggressive USD buying, further helping to cushion Gold’s decline. Traders remain cautious ahead of Friday’s release of the US Nonfarm Payrolls (NFP) report, which could offer fresh directional cues for the XAU/USD.
⭐️Personal comments NOVA:
Long term frame is still showing uptrend, buyers are dominant
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2636 - $2634 SL $2629
TP1: $2645
TP2: $2652
TP3: $2660
🔥SELL GOLD zone: $2684 - $2686 SL $2691
TP1: $2675
TP2: $2660
TP3: $2650
⭐️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 ! 2664 resistance gets strong on news⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
US Treasury bond yields and the US Dollar surged on Tuesday following robust US economic data, reinforcing expectations that the Federal Reserve will adopt a slower pace for rate cuts this year.
The Institute for Supply Management reported an increase in its Non-Manufacturing Purchasing Managers' Index (PMI) to 54.1 in December, with the Prices Paid component reaching its highest level in nearly two years.
Meanwhile, the JOLTS report revealed an unexpected rise in job openings, climbing to 8.098 million at the end of November from 7.839 million previously.
⭐️Personal comments NOVA:
Gold price is on a good uptrend, surpassing the 2650 mark. Resistance 2664 will be the next target.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2664 - $2666 SL $2669 scalping
TP1: $2658
TP2: $2654
TP3: $2645
⭐️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 impact XAU trend at the beginning of the year⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) steadies after retreating from the $2,665 resistance level, as traders remain cautious ahead of the FOMC Minutes release on Wednesday. Expectations of slower Federal Reserve (Fed) rate cuts keep US Treasury yields elevated, posing a challenge for the non-yielding yellow metal. Additionally, the strong bullish trend in the US Dollar (USD) adds further pressure, limiting Gold's upward potential.
However, the downside for Gold remains limited amid uncertainty surrounding President-elect Donald Trump's proposed tariff policies. Anticipation that his protectionist measures could fuel inflation supports Gold's appeal as a hedge against rising prices. Combined with trade war concerns, geopolitical tensions, and a risk-averse market sentiment, these factors are likely to sustain demand for the safe-haven asset, urging caution before taking decisive positions on Gold's intraday direction.
⭐️Personal comments NOVA:
Gold price is still maintaining the accumulation price zone, buyers have a slight advantage. Waiting for ADP-NF and NF news to expect gold price to increase more.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2619 - $2617 SL $2612
TP1: $2625
TP2: $2638
TP3: $2650
🔥BUY GOLD zone: $2633 - $2631 SL $2628 SCALPING( Asian and European sessions )
TP1: $2637
TP2: $2642
TP3: $2650
🔥SELL GOLD zone: $2684 - $2686 SL $2691
TP1: $2675
TP2: $2660
TP3: $2650
⭐️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
Bears - selling pressure adjusted at the beginning of the week⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) face difficulty maintaining their modest gains from the Asian session on Monday, trading near $2,635 and marking a second consecutive day of decline. The US Dollar remains strong, hovering near a two-year high reached last Thursday, driven by the Federal Reserve's hawkish stance on limiting rate cuts in 2025. Optimism surrounding US President-elect Donald Trump's proposed expansionary policies further supports the Greenback, adding pressure to the non-yielding gold market.
However, ongoing geopolitical tensions from the prolonged Russia-Ukraine conflict, Middle East instability, and concerns over Trump’s tariff plans are expected to provide some support to gold prices as a safe-haven asset. Given this backdrop, traders may wait for clearer signals before betting on a deeper pullback following Friday's slide from a near three-week high of $2,665. Attention now turns to the upcoming US Services PMI and Factory Orders data later in the North American session for potential market cues.
⭐️Personal comments NOVA:
Gold price is adjusting, waiting for support zones for price to continue sideways and recover.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2631 - $2629 SL $2626 scalping
TP1: $2635
TP2: $2640
TP3: $2645
🔥SELL GOLD zone: $2650 - $2652 SL $2657
TP1: $2640
TP2: $2630
TP3: $2620
🔥BUY GOLD zone: $2622 - $2620 SL $2615
TP1: $2630
TP2: $2640
TP3: $2650
⭐️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
Waiting for a stronger recovery 2686✍️ NOVA hello everyone, Let's comment on gold price next week from 01/06/2025 - 01/10/2025
🔥 World situation:
Gold prices (XAU/USD) declined on Friday, dropping around two-thirds of a percent to slip below $2,650 per ounce as market sentiment improved following the risk-off mood earlier in the week. The first week of the 2025 trading season has been volatile, but investors continue to seek clarity on market trends as the new year begins.
Richmond Fed President Tom Barkin, speaking to a bankers association in Maryland, noted that the Federal Reserve reduced interest rates by one percentage point in 2024, bringing the federal funds rate to 4.25%-4.5%. He highlighted that unemployment remains historically low, and inflation is gradually approaching the Fed's 2% target.
Barkin also addressed concerns about incoming President Donald Trump’s proposed tariffs, which could initiate trade conflicts with key US allies and partners. He reassured markets, suggesting that the impact of tariffs on consumer prices is complex and depends on factors like supply chains and consumer price sensitivity. Barkin downplayed fears of significant economic disruption from potential 10%-20% tariffs on all imports, emphasizing that their effects are not straightforward.
🔥 Identify:
wait for stronger recovery in early 2025 or price may continue sideway in 2 H4 price bands
🔥 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: $2653, $2686, $2722
Support : $2609, $2585
🔥 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
Scalping XAU ! Gold corrects after strong weekend gains⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edge higher during Friday's European session as markets await the release of the US ISM Manufacturing Purchasing Managers' Index (PMI) for December, scheduled for 15:00 GMT. The PMI is expected to remain unchanged at 48.4, signaling continued contraction in manufacturing activity.
The precious metal delivered an impressive performance in 2024, gaining over 27%—its strongest annual return since 2010. This rally has been driven by robust safe-haven demand amid ongoing geopolitical tensions in the Middle East and the extended Russia-Ukraine conflict.
Additionally, according to sources cited by Axios, US President Joe Biden reportedly discussed contingency plans to target Iran's nuclear facilities should Tehran make significant advancements toward developing a nuclear weapon before Donald Trump's inauguration on January 20. These talks underscore growing concerns about Iran's nuclear ambitions during the transitional phase between administrations.
⭐️Personal comments NOVA:
short term frame adjustment, creating more liquidity for the market, waiting for liquidity zones to set up BUY scalping signals
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2646 - $2644 SL $2641 scalping
TP1: $2649
TP2: $2653
TP3: $2658
⭐️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
Strong bulls! Waiting for price zone 2686! GOLD⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
China's manufacturing sector saw limited growth in December, while the services and construction industries showed signs of recovery. This reflects the initial impact of policy measures as China braces for potential trade challenges linked to tariffs proposed by US President-elect Donald Trump.
In other developments, Reuters reported that Russia conducted a drone strike on Ukraine’s capital, Kyiv, early on New Year’s Day. The attack resulted in two deaths, at least six injuries, and damage to buildings in two districts. Explosions reverberated through the morning as Ukraine’s air force issued drone alerts.
Meanwhile, the Israeli military intensified operations in northern Gaza, targeting a suburb of Gaza City on Wednesday, according to medics. Airstrikes in Shejaia claimed the lives of at least eight Palestinians. The Israeli military has not commented on the incident, and the identities of the victims remain unknown.
⭐️Personal comments NOVA:
The uptrend continues, the long-term frame is recovering well, waiting for 2 liquidity zones to pay attention to: 2671, 2686
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2671 - $2673 SL $2676 scalping
TP1: $2665
TP2: $2658
TP3: $2650
🔥SELL GOLD zone: $2686 - $2688 SL $2693
TP1: $2680
TP2: $2670
TP3: $2660
🔥BUY GOLD zone: $2638 - $2636 SL $2631
TP1: $2645
TP2: $2658
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
Gold up - market up, continue SIDEWAY⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its gains for a third straight session on Thursday, building on an impressive 27% surge in 2024, the strongest annual performance since 2010. This rally has been fueled by US monetary easing, ongoing geopolitical tensions, and unprecedented central bank gold purchases.
Gold, a non-yielding asset, could encounter headwinds as the 10-year US Treasury bond yield climbed to 4.58% on Tuesday.
Meanwhile, investors are closely watching signs of economic recovery in China, which may boost demand for Gold. President Xi Jinping, in his New Year’s address on Tuesday, emphasized a focus on growth, pledging more proactive measures to support economic expansion in 2025, according to Reuters.
⭐️Personal comments NOVA:
H1, H2 frames show good recovery, expected price range to reach 2653
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2653 - $2655 SL $2660
TP1: $2645
TP2: $2630
TP3: $2520
🔥BUY GOLD zone: $2609 - $2611 SL $2604
TP1: $2620
TP2: $2630
TP3: $2640
⭐️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 ! Waiting for retest entry point BUY 2626⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
China's manufacturing activity showed modest growth in December, while the services and construction sectors experienced a rebound. This suggests that policy measures are starting to impact specific areas as China braces for potential trade challenges linked to tariffs proposed by US President-elect Donald Trump.
Meanwhile, Reuters reported that Russia carried out a drone strike on Ukraine's capital, Kyiv, early on New Year's Day. The attack resulted in two fatalities, at least six injuries, and damage to buildings in two districts. Explosions echoed through the morning as Ukraine's air force issued warnings about incoming drones.
⭐️Personal comments NOVA:
The bulls have very good buying power, the possibility of reaching the 2653 area today is very high, if the retest entry 2626 will have a BUY signal.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2625 - $2627 SL $2622 scalping
TP1: $2632
TP2: $2638
TP3: $2645
⭐️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 Symmetrical Triangle could sky rocket the price to $2,789Gold has been forming a Symmetrical Triangle since July 2024.
The Uptrend Flag pole was established, followed by the constricted Triangle.
Now it's still early days, but the price could constrict further until it reaches 3/4s of the apex.
If theory speaks, then the price should break up and out of the Triangle which will take it to $2,789.
I want to be optimistic in 2025. And ONLY if the price breaks below the support, will it show a bearish nature.
Until then, golden balls all the way.
Gold in short term uptrend ! end of 2024⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) recover from recent losses during a subdued Monday session, with trading activity lighter than usual ahead of the New Year holiday. The precious metal finds support as markets await clarity on the US economy under the incoming Trump administration and the Federal Reserve's interest rate strategy for 2025.
Safe-haven demand for gold may strengthen if Donald Trump's proposed tariffs and trade policies heighten trade tensions, fueling risk aversion. However, expectations of fewer Fed rate cuts in 2025 could limit the metal's upward potential.
⭐️Personal comments NOVA:
Gold moves in uptrend H1, short term and sideways at the end of the year
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2635 - $2637 SL $2642
TP1: $2628
TP2: $2620
TP3: $2610
🔥BUY GOLD zone: $2617 - $2615 SL $2610
TP1: $2625
TP2: $2632
TP3: $2640
⭐️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 price recovers slightly - fluctuates below 2650⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) dip slightly in thin post-Christmas trading, hovering near $2,630 during the Asian session on Friday. However, the metal may find support as markets look for clues about the US economy under the incoming Trump administration and the Federal Reserve’s 2025 rate outlook.
Gold, as a non-yielding asset, benefits from moderate US PCE inflation data that casts doubt on limited Fed rate cuts next year, suggesting potential for further reductions. Its safe-haven demand is further supported by ongoing geopolitical risks, including the prolonged Russia-Ukraine war and tensions in the Middle East.
⭐️Personal comments NOVA:
Short-term recovery at the end of the week - continued lack of liquidity, sideways below the 2650 area
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2650 - $2648 SL $2655
TP1: $2640
TP2: $2630
TP3: $2620
🔥BUY GOLD zone: $2616 - $2618 SL $2611
TP1: $2622
TP2: $2630
TP3: $2640
⭐️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 ! Short recovery trend 2645 monday⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues to rebound from the one-month low reached last Thursday, marking its third consecutive day of gains as the new week begins. The metal maintains its upward momentum during the early European session, supported by safe-haven demand fueled by geopolitical tensions and concerns over trade disputes. However, the generally optimistic market sentiment limits further upside for the precious metal.
⭐️Personal comments NOVA:
Gold is currently sideways in the price range of 2620-2630, short-term recovery trend, target retest range 2645
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2626 - $2624 SL $2621 scalping
TP1: $2632
TP2: $2640
TP3: $2645
⭐️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! Waiting for gold price to BREAK from trendSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) stays under pressure during the early European session on Wednesday but manages to hold above the one-week low reached the previous day, showing limited follow-through selling. Expectations of a less dovish Federal Reserve (Fed) continue to support higher US Treasury bond yields, creating headwinds for the non-yielding yellow metal. However, USD bulls appear cautious, holding off on making strong moves ahead of the pivotal FOMC decision.
⭐️Personal comments NOVA:
Moving sideways in 2 trendlines, M30. Leaning towards breaking the uptrend and waiting for today's interest rate cut results.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2645 - $2643 SL $2640 scalping
TP1: $2650
TP2: $2655
TP3: $2660
⭐️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
interest rate cut! most important data end of 2024⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its recovery from the $2,633 level, a one-week low, and gains modest traction during the Asian session on Wednesday. The uptick appears to be driven by repositioning ahead of a key central bank event. However, gains are likely to be limited as traders await the outcome of the crucial two-day FOMC policy meeting later today. The Federal Reserve (Fed) is broadly expected to cut interest rates by 25 basis points and signal a more cautious approach to further rate reductions.
⭐️Personal comments NOVA:
The market will pick up and recover when the FED lowers interest rates later today. But it won't have too much of an impact because most investors won't be too surprised.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2664 - $2662 SL $2667 scalping
TP1: $2658
TP2: $2652
TP3: $2645
🔥SELL GOLD zone: $2694 - $2696 SL $2702
TP1: $2685
TP2: $2670
TP3: $2660
🔥BUY GOLD zone: $2607 - $2605 SL $2600
TP1: $2618
TP2: $2630
TP3: $2645
⭐️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