NF news - Opportunity for gold price to return to old ATH 2955⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold’s three-day rally came to a pause as investors locked in profits ahead of the highly anticipated US Nonfarm Payrolls report. A rise in US Treasury yields further dampened the appeal of the non-yielding metal. At the time of writing, XAU/USD remains steady at $2,918.
Despite consolidating above the $2,900 mark, gold faced resistance following an earlier surge in the US 10-year Treasury yield to a one-week high before retreating to 4.286%..
⭐️Personal comments NOVA:
Tariff Situation Remains Long Term Driver for Gold Growth, NF News Key Data to Determine Today's Trend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2954 - $2956 SL $2961
TP1: $2945
TP2: $2930
TP3: $2920
🔥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
Longsetup
Bitcoin: Mastering the Art of Resistance and SupportBitcoin recently broke below a 105‐day trading range, anchored by the critical 90K level. After the breakdown, it found support around 80K, prompting a sharp rebound back toward the previous range. This rebound, however, was short‐lived: BTC tested 95K, then quickly retraced, only to rally again toward 90K, where it trades at present.
Overview of BTC’s 105‐Day Range Break and Retest:
Yearly Open at $93,576: This is the single most important level to watch. Price currently sits below the yearly open, suggesting that, for now, bears hold the upper hand. If bulls cannot reclaim this threshold, the yearly candle remains vulnerable to turning red.
90K–95K Resistance Zone: With Bitcoin failing to sustain gains above 95K, this band becomes a natural focal point for potential short entries. Bears are expected to defend this region aggressively.
The question: Where do we go next? Let’s break down both the resistance (short setup) and an upcoming support zone (long setup), incorporating a variety of confluences—from volume profiles and trend lines to Fibonacci retracements and pitchfork alignments.
1. Resistance Analysis & Short Thesis
1.1. Double Top Target at $72,800
A double top pattern has formed, suggesting a measured‐move target near $72,800. While not a guaranteed endpoint, this target serves as an early directional clue. Price could still find support at higher levels, so we use this only as one piece of a larger puzzle.
Double Top Pattern with $72,800 Target:
1.2. The 105‐Day Trading Range & Retest
Bitcoin spent over 100 days ranging between roughly 90K and 105K. The downside break turned that prior range into a new resistance zone—specifically 90K–95K, with an even stronger cluster up to $96,418 (Point of Control from that range).
Fixed Range Volume Profile: The POC (Point of Control) from this 105‐day period lies at $96,418.05, further extending our resistance zone. Price retesting anywhere between 90K and the POC around 96K sets up potential short entries.
Fixed Range Volume Profile Showing POC at $96,418.05:
Stop Loss Guidance: Given the possibility of wicks or “stop hunts,” a safer invalidation point sits above 98K. That buffer allows the trade room to breathe without prematurely stopping out on minor spikes.
1.3. Daily & Weekly Moving Averages
In addition to the above factors, both the daily 21 EMA/SMA and the weekly 21 EMA/SMA are converging in the 90-92K region, acting as additional resistance.
1.4. Bearish Trend Line & Pitchfork Alignment
Bearish Trend Line: Connecting the all‐time high at $109,588 and the swing high at $106,457.44 yields a downward sloping line. This trend line has already acted as resistance near 100K on February 21.
Pitchfork (Modified Schiff): Anchoring from the all‐time high (109,588) to the swing low (97,777.77) and back up to 106,457.44 confirms the same bearish trajectory, aligning neatly with the trend line around 95K.
Bearish Trend Line & Pitchfork Convergence Around 95K:
1.5. Monthly Order Block & Fibonacci Confluence
Monthly Order Block: Spanning from the yearly open (93,576) up to the POC (~96,418), this monthly order block forms a substantial supply zone. Price often gravitates toward the median line of an order block, which sits near 94–95K.
Fibonacci Retracement (0.786): From the swing high at 99,475 (Feb 21) down to the low at 78,258.52, the 0.786 retracement is at 94,934.67—almost exactly the median line of the monthly order block.
Monthly Order Block, Median Line, and 0.786 Fib at ~94,934.67:
When price rallies swiftly to the 0.786 for the first time, it often presents an ideal short entry—especially under a confluence of bearish signals:
2. Short Trade Setup: Laddering In & Out
2.1. Scaling In (Entries)
We allocate $25,000 (from a $100,000 account) and ladder our entries from 89,736 up to 96,206:
Short Trade Laddered Entries:
Stop Loss: $97,560 (slightly below the higher “breathing room” area of 98K).
Max Risk: Approximately $1,028.16 (about 4.11% of the GETTEX:25K position, or 1.03% of the $100k account).
2.2. Scaling Out (Exits)
We plan to take profits in increments as price drops, aiming for an average exit around $79,822.10:
Potential Profit: Approximately $3,704.16 on a $25,000 position, which is +14.82% (or +3.70% of the $100k account).
Risk‐to‐Reward Ratio: 3.60, an attractive R:R for a swing trade.
3. Support Analysis & Long Thesis
Having addressed the downside retest and short scenario, let’s turn to potential support where Bitcoin might reverse for a long trade.
3.1. Double Top Target & 5‐Wave Structure
The double top projected target near $72,800 aligns with a broader Elliott Wave possibility, where BTC may have completed a 5‐wave structure from the low at $15,476 to the all‐time high at $109,588.
A typical Fibonacci retracement of this 5‐wave move suggests the 0.382 level at $73,637.22, which sits near a notable swing high of $73,777—coincidence?
5‐Wave Structure & 0.382 Fib Retracement at ~$73,637:
3.2. Monthly Bullish Order Block & Further Fib Confluence
Monthly Bullish Order Block: Located around $71,280, historically a place where buyers have stepped in.
Fib Retracement (49K to 109K): The 0.618 retracement lands at $72,144.62, adding further confluence around the 72–73K zone.
Taken together, we begin to see a support band forming between $73,777 and $71,280.
Monthly Bullish Order Block & 0.618 Fib ~$72,144.62:
3.3. Fib Speed Fan & Bullish Trend Line
Fib Speed Fan (0.7): On higher timeframes, the 0.7 fan lines up with the same 71–73K region if BTC dips this month.
Bullish Trend Line: Connecting the lows at 49K and 52,550 also aligns with this zone, reinforcing the idea that a cluster of support awaits if price slides that far.
Bullish Trend Line & Fib Speed Fan ~$71–73K:
3.4. Potential Long Trade Setup
Entry Range: Ladder in from 76K down to 71K (or adjust according to personal risk appetite within that 73–71K zone).
Stop Loss: Below 70K, providing sufficient buffer.
Target: At least the monthly open ($84,350), or higher if momentum supports a stronger bounce.
Risk‐to‐Reward (R:R): Aim for 2:1 or better, depending on exact entries and the final target.
4. Summary
Short Trade:
Resistance Zone: 90K–95K, extending up to $96,418 (POC) and with the daily/weekly 21 EMA/SMA acting as additional resistance in the 90-92K region, plus a stop‐hunt buffer above 98K.
Laddered Entry: GETTEX:25K allocated, averaging around $93,706, with a stop near $97,560.
Scaling Out: Average exit near $79,822, netting a +14.82% gain on the position (+3.70% on account).
R:R: 3.60—solid for a swing setup.
Long Trade:
Support Zone: Between $73,777 and $71,280, with multiple Fibonacci and structural confluences.
Laddered Entry: Potential DCA from around 76K down to 71K, with a stop under 70K.
Target: At least $84,350 (monthly open), likely offering a 2:1 or better risk‐to‐reward.
Sharp moves up or down have been the norm lately, often gravitating to the 0.786 fib retracement on each leg, so remain vigilant for sudden volatility.
Ultimately, flexibility is key. If Bitcoin reclaims the yearly open at $93,576 and pushes decisively above 95–98K, the bearish case weakens. Conversely, a significant drop below 80K brings the deeper support zone near 73–71K into sharper focus.
Always be prepared for shifts in market conditions—confirm each setup with multiple indicators and chart patterns before entering any trade. Stay up to date with evolving market dynamics and adjust your strategy accordingly.
Happy trading!
P.S. If you have any coin requests, feel free to share them in the comments. I will be selecting one or two for the next technical analysis.
Gold purchase strategy continues to prioritize. Target 500 pips!Dear friends!
Gold continues to trade negatively for the second consecutive day, despite a combination of factors still acting as key drivers ahead of the crucial U.S. NFP report at the end of this Friday. Rising trade tensions continue to put pressure on investor sentiment.
As mentioned on the 1-hour chart, the daily chart for XAU/USD shows little change for the second consecutive day. However, at the same time, it also records lower highs and lower lows, shifting the risk bias to the downside. Nevertheless, the short-term picture indicates that buyers are struggling to maintain control, with the 34 EMA having reversed, increasing the risk for sellers. As a result, the downside potential remains limited, with dips likely to continue attracting buyers.
Key short-term levels to consider:
Support: 2,894 | 2,876
Resistance: 2,911 | 2,927
doge buy midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
$MDB to $350+ with vector database + gen AI as tailwind!- NASDAQ:MDB is investing in R&D and recently noticed that they have developed their solution for vector database www.mongodb.com
- This will be a strong tailwind for the company. In generative AI, one needs to store large embedding in a low latency databases which could efficiently be looked up. By default, no-sql databases are good for these use cases.
- Pinecone is one of the best in this space, NYSE:ESTC had one but now NASDAQ:MDB is catching up and looks really promising.
- P/EV multiple is very reasonable for $MDB.
- PT : 350+
2941 ! Expected price range today ! XAU⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) trade with an upward bias during Thursday’s Asian session, holding near the one-week high reached the previous day, though follow-through buying remains limited.
Market concerns over US President Donald Trump’s tariff policies continue to bolster demand for the safe-haven metal. Additionally, growing expectations of an earlier-than-anticipated Federal Reserve rate cut, coupled with bearish sentiment surrounding the US Dollar, further support gold’s appeal.
⭐️Personal comments NOVA:
Gold price has strong growth momentum, after clearing liquidity, there will be great momentum in the near future.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2953 - $2955 SL $2960
TP1: $2945
TP2: $2930
TP3: $2920
🔥SELL GOLD zone: $2941 - $2943 SL $2948
TP1: $2935
TP2: $2927
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 Today - Continue to Increase?🔔🔔🔔 Gold news:
👉Gold prices held steady on Thursday as speculation grew that U.S. President Donald Trump might ease some tariffs, particularly those related to automobiles under the USMCA trade agreement. However, uncertainty persists, and XAU/USD remains largely unchanged at $2,919.
👉On the economic front, ADP data showed a significant slowdown in private-sector job growth for February compared to January. Meanwhile, the latest ISM Services PMI indicated continued business expansion. Despite this, concerns over rising inflation linger, as the Prices Paid sub-index surged above 60, signaling that producers are facing higher costs, which could lead to another wave of inflation.
👉As a result, money market traders adjusted their expectations for rate cuts in 2025, pricing in 71.5 basis points of easing, down from 81 bps on Tuesday.
👉On the geopolitical side, a senior aide to Ukraine’s President Zelensky discussed peace efforts with the U.S. National Security Advisor, with both sides agreeing to an upcoming meeting. This development, along with rising U.S. Treasury bond yields, could exert downward pressure on gold prices.
Personal opinion:
👉Gold will have a bounce back to the trend line and then bounce back following the main uptrend
👉Note: prioritize evaluating the latest information on President Trump's tariffs
Analysis:
👉Based on important resistance - support levels combined with trend lines and EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy GOLD 2900 – 2903 (European session)
❌SL: 2895 | ✅TP: 2910 – 2916 – 2926
👉Sell GOLD 2953 – 2955
❌SL: 2961 | ✅TP: 2948 – 2942 – 2936
FM wishes you a successful trading day 💰💰💰
Gold price breakout – What’s Next?The XAU/USD 2-hour chart reveals an exciting breakout from the previous downtrend channel, signaling a potential trend reversal. The 34 EMA and 89 EMA continue to provide solid support, while buyers are holding firm within the consolidation zone.
Two Key Scenarios Ahead:
✅ Case 1: If gold breaks out of this consolidation box, we could see a strong bullish continuation toward $2,950 - $2,970, and possibly even higher.
⚠️ Case 2: However, if price fails to sustain above this range, a retracement to $2,880 - $2,850 is on the table.
With geopolitical tensions rising and economic uncertainty driving investors toward safe-haven assets, will gold break higher, or are we in for a deeper pullback?
📉📈 What’s your outlook on gold? Bullish or bearish? 🚀👇
Ready for the new bull run? XAU / USD ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Freshly released US data has fueled recession concerns, with the Atlanta Fed GDP Now Model slashing its Q1 2025 growth projection to -2.8%, a sharp drop from Monday’s 1.6% estimate.
Meanwhile, February’s ISM and S&P Global Manufacturing PMI readings painted a mixed picture. The ISM index edged closer to the 50 threshold, signaling a slowdown, while the S&P Global measure showed solid expansion. In response, US Treasury yields tumbled as traders increasingly priced in Federal Reserve rate cuts.
This flight to safety boosted demand for gold, propelling prices toward $2,900. Looking ahead, gold traders will turn their attention to key economic releases, including the ISM Services PMI, Initial Jobless Claims, and February’s Nonfarm Payrolls.
⭐️Personal comments NOVA:
Market sentiment is gradually improving and optimistic, expecting a new rally above 3000 after the implementation of tariffs that took effect yesterday in Canada, Mexico and China. Gold prices tend to retest the breakout zones of 2900, 2892 and 2880 to create more short-term liquidity.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2891 - $2893 SL $2888 scalping
TP1: $2896
TP2: $2900
TP3: $2905
🔥BUY GOLD zone: $2880 - $2878 SL $2873
TP1: $2888
TP2: $2895
TP3: $2910
🔥SELL GOLD zone: $2935 - $2937 SL $2942
TP1: $2928
TP2: $2920
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
**Trade Setup:** - **Pair:** EUR/USD
### **Trade Setup:**
- **Pair:** EUR/USD
- **Current Price:** **1.06768**
- **Support Level:** **1.06520**
- **Resistance Level:** **1.07220**
- **Target (TP):** **1.07735**
- **Stop-Loss (SL):** **1.06225**
- **50 EMA:** To be used as dynamic support for trade confirmation.
---
### **Technical Analysis & Strategy:**
1. **Trend Confirmation:**
- If the **price is above the 50 EMA**, it suggests an uptrend and supports the long trade.
- If the price is below the 50 EMA, consider **waiting** for confirmation before entering.
2. **Entry Strategy:**
- Enter **long near 1.06768** if price remains above the **50 EMA** or if it retests support at **1.06520** and bounces.
- Ideal confirmation: **Bullish candlestick pattern (e.g., engulfing, pin bar) near support or EMA.**
3. **Resistance & Take Profit Strategy:**
- First resistance at **1.07220** – Consider partial profit-taking or moving SL to breakeven.
- Final target at **1.07735**.
4. **Stop-Loss & Risk Management:**
- **SL set at 1.06225**, giving a **risk of 54.3 pips**.
- **Reward of 96.7 pips to TP**, yielding a **Risk-Reward Ratio (RRR) of ~1.78:1** (acceptable).
- Risk per trade should be limited to **1-2% of account balance**.
5. **Trade Management:**
- If price moves in favor, **trail stop to secure profits** (e.g., move SL to **1.06850** if price reaches 1.07220).
- If price breaks below 50 EMA and **closes below support (1.06520)**, consider exiting early.
---
### **Additional Considerations:**
✔ **Check news/events** that could impact EUR/USD (e.g., Fed, ECB, NFP, CPI reports).
✔ Monitor **DXY (US Dollar Index)** – A strong USD could push EUR/USD down.
✔ Ensure **liquidity and volatility** are optimal (best during London/New York sessions).
XAU/USD trading strategy during US and Asian sessions🔔🔔🔔Gold news:
🔆Trump imposed tariffs on Canada, Mexico and China. Soon after, Canada and China followed suit with the US. This raised the risk of a global trade war and hurt investor sentiment, which sees gold as a safe haven.
🔆The Institute for Supply Management (ISM) manufacturing PMI fell to 50.3 in February from 50.9 the previous month, while the Prices Paid Index jumped to its highest level in nearly three years on concerns about import tariffs.
🔆This has observers worried that Trump's trade tariffs will weaken consumer spending and add to concerns about a weakening outlook for the world's largest economy. This could provide further support to the XAU/USD pair.
🔆US 10-year bond yield fell 1.53% during the day
👉These are the main reasons why Gold increased sharply in the European - American session today and reached a 4-day high of 2927
Personal opinion:
🔆Gold will continue its upward trend in the coming time.
🔆Technically, in the US session, Gold reached its highest level and showed signs of retesting at the 2895 area, then it could bounce back to the main trend
🔆RSI (1H) started to decrease after entering the overbought zone
👉So consider buying at a lower price to maximize profits
Analysis:
Based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉BUY Gold 2895 - 2897
❌SL: 2890 | ✅TP: 2903 – 2908 –2920
FM wishes you a successful trading day 💰💰💰
USDJPY: Consolidating below the uptrend channel!Dear Traders!
Recently, USDJPY has made a strong breakout, completely exiting the uptrend and stabilizing below a new support level, as highlighted on the 1-hour chart. The pair is currently trading around 149.20.
This stability above the new support is driven by U.S. President Donald Trump's tariff policies, which have boosted risk-off sentiment and increased demand for the U.S. Dollar as a safe-haven asset. However, expectations of a BoJ rate hike and concerns over a global trade war continue to support the Japanese Yen, keeping gains limited below the lower boundary of the previous uptrend channel.
GOLD → Breaks 2881. Buyers are ready…OANDA:XAUUSD breaking through the resistance threshold of the downward trend and attempting to seek gains above the critical resistance zone of 2881. A consolidation before the breakout is forming relative to 2894, signaling potential growth on the dollar's correction foundation.
Previously, Trump confirmed the possibility of imposing 25% tariffs on Canada, Mexico, and China, triggering retaliatory measures and increasing the risk of U.S. recession. Declining PMI and Atlanta Fed's GDP led to a sell-off on Wall Street and increased demand for gold as a protective asset.
Geopolitical tensions persist as Trump suspends military aid to Ukraine, sparking European discontent. Market focus will remain on the release of detailed U.S. monthly employment information - commonly known as the Non-Farm Payroll (NFP) report on Friday. This crucial data will impact both USD and gold metal.
Technically, the price surpassing the 2881 resistance level divides the market into two planes. A consolidation before breakthrough is forming relative to 2895. The resistance breakthrough and price consolidation above 2895 could reinforce growth. The buyers' main focus is maintaining defensive positions above 2885 - 2895.
In the context of increasing economic risks and declining dollar, gold has every opportunity to continue its growth following the local trend change. The targets in this scenario are 2915, 2921, 2929.
Best regards, Bentradegold!
Gold price today: Extend the momentum!Gold prices continued their upward momentum today, hovering around the $2,910 level. The last recorded trade for gold stood at $2,928 per ounce, marking a 270-pip increase compared to early yesterday morning.
Accordingly, gold prices are currently experiencing strong impacts from USD fluctuations and US tariff policies. Meanwhile, President Donald Trump continues to raise concerns by threatening to impose tariffs on imports from Mexico and Canada. These factors could determine whether gold can reach the $3,000 per ounce mark or not.
Currently, investors are awaiting the US payroll report, expected to be released at the end of this week. The report's results could influence the monetary policy of the Federal Reserve (FED).
On the technical chart, the precious metal has broken out of the descending price channel and made adjustments to create new highs. Bullish factors are driven by the crucial support level at 2885 and the two EMA lines at 34 and 89. All expectations are focused on gold's long-term price appreciation because any signs of US economic slowdown will support calls for Fed rate cuts and provide support for OANDA:XAUUSD .
Gold price today: Strong rebound!Dear traders!
At around 6 AM on March 4, the spot gold price stood at $2,894 per ounce, marking a $36 increase from the previous day's opening price of $2,858 per ounce.
The primary reason for this rise is the increased risk aversion among investors, driving higher demand for safe-haven assets like gold amid escalating geopolitical tensions. Over the weekend, a heated exchange between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky raised concerns that efforts to end the Ukraine-Russia military conflict could reach an impasse.
Additionally, U.S. trade tariffs on Mexico, Canada, and China take effect today, March 4, sparking fears of potential financial market instability. This uncertainty has pushed many investors toward gold as a wealth preservation asset.
Meanwhile, a sudden decline in the U.S. dollar has made gold more attractive to investors holding other currencies. As a result, today's gold price outlook remains positive. Keep an eye on the $2,892 resistance level, as a breakout above this point could signal further upside momentum.
What are your thoughts?
EUR/USD Trade Setup: Long### **📢 EUR/USD Trade Setup: Long Entry at 1.05200 🚀**
EUR/USD presents a **buy opportunity** at **1.05200**, supported by the **EMA50 trend** and a **strong support level at 1.05100**.
---
### **🔹 Trade Details:**
✅ **Entry:** **1.05200** (Long)
✅ **Target TP1:** **1.06200** (+100 pips)
✅ **Stop Loss:** **40 pips below entry**
✅ **Support Level:** **1.05100**
---
### **🔹 Strategy & Risk Management:**
🔹 If the price holds above **1.05100**, bullish momentum could push it toward the **1.06200 target**.
🔹 **Set stop loss** properly to protect capital.
🔹 **Secure profits** along the way or set a **break-even point** as price moves in your favor.
📈 **Trade smart & follow proper risk management for success!** 🚀
GBP/USD Trade Setup: Long### **📢 GBP/USD Trade Setup: Long Entry at 1.27300 🚀**
GBP/USD is showing a **bullish setup**, supported by the **EMA50 trend** and **key support at 1.27100**.
---
### **🔹 Trade Details:**
✅ **Entry:** **1.27300** (Buy)
✅ **Target (TP):** **1.28300** (+100 pips)
✅ **Stop Loss:** **1.26800** (-50 pips)
✅ **Support Level:** **1.27100**
---
### **🔹 Trading Plan & Risk Management:**
🔸 If GBP/USD stays **above 1.27100**, bullish momentum could push it toward **1.28300**.
🔸 **Set stop loss at 1.26800** to protect against downside risk.
🔸 **Secure partial profits** or **set a break-even point** as price moves in your favor.
📈 **Trade wisely, manage your risk, and stay disciplined! 🚀**