Uptrend at the end of the week 3367, maintain the upward force⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) are on track to notch a third straight day of gains on Friday, climbing toward the upper boundary of this week’s trading range as escalating trade tensions fuel safe-haven demand. In a significant intensification of global trade disputes, US President Donald Trump issued formal notices this week to multiple trading partners, detailing individual tariff rates set to take effect on August 1 should no agreements be reached. This has rattled investor sentiment and weighed on risk assets, offering solid support to Gold.
Meanwhile, expectations for an imminent interest rate cut by the Federal Reserve (Fed) have cooled following last week’s strong US jobs data. As a result, the US Dollar (USD) remains firm, holding near a more than two-week high reached on Thursday. This USD strength could limit the upside for the non-yielding yellow metal in the near term. Therefore, traders may look for a sustained breakout before committing to further bullish positions in the XAU/USD pair.
⭐️Personal comments NOVA:
Gold price breaks 3330, maintaining good buying pressure, recovering at the end of the week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3367- 3369 SL 3374
TP1: $3355
TP2: $3342
TP3: $3325
🔥BUY GOLD zone: $3306-$3308 SL $3301
TP1: $3315
TP2: $3325
TP3: $3338
⭐️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
Longxauusd
maintain bullish, break H1 trend⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) trade in the red near $3,330 during Tuesday’s Asian session, weighed down by a stronger US Dollar (USD). The precious metal loses ground amid easing trade tensions, following US President Donald Trump’s announcement of a tariff deadline extension and his openness to further negotiations.
Market anxiety subsided after Trump signaled flexibility around the August 1 tariff deadline, describing it as “not 100% firm” and suggesting room for continued adjustments. This renewed optimism over trade policy has strengthened the Greenback, thereby pressuring USD-denominated assets like Gold, which becomes more expensive for holders of other currencies.
⭐️Personal comments NOVA:
Gold price accumulates waiting for news of new tariff information, breaking H1 trend. Good buying power
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3364- 3366 SL 3371
TP1: $3350
TP2: $3340
TP3: $3330
🔥BUY GOLD zone: $3300-$3298 SL $3293
TP1: $3310
TP2: $3325
TP3: $3340
⭐️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 is moving sideways on H4 frame, above 3242✍️ NOVA hello everyone, Let's comment on gold price next week from 07/07/2025 - 07/11/2025
⭐️GOLDEN INFORMATION:
Gold prices resumed their upward momentum on Friday and are on track to close the week with gains exceeding 1.50%, supported by a weaker US Dollar amid subdued liquidity following the Independence Day holiday in the United States. A mild uptick in trade tensions also contributed to bullion's strength. At the time of writing, XAU/USD is trading at $3,333, up 0.26%.
President Donald Trump announced that the US would begin sending official letters to trading partners on Friday ahead of the July 9 deadline, outlining new tariff measures ranging between 10% and 70%, set to take effect on August 1. Treasury Secretary Scott Bessent added that a wave of trade agreements is expected before the deadline, estimating that around 100 countries will face a minimum 10% reciprocal tariff. He also hinted at upcoming deal announcements.
⭐️Personal comments NOVA:
Gold price continues to move sideways, accumulating in a large range: 3242 - 3450
🔥 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: $3362, $3393, $3446
Support: $3312, $3279, $3241
🔥 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 accumulates and moves above 3350⭐️GOLDEN INFORMATION:
Gold prices declined by 0.80% on Thursday after a robust US Nonfarm Payrolls (NFP) report boosted the US Dollar, dampening expectations for a Federal Reserve rate cut at the upcoming July meeting. At the time of writing, XAU/USD is trading at $3,332, after reaching an intraday high of $3,365.
June’s employment data significantly outperformed forecasts and even surpassed May’s figures, reinforcing the resilience of the US labor market. Notably, the Unemployment Rate edged closer to the 4% mark, underscoring continued labor market strength. The upbeat report casts doubt on Wednesday’s softer ADP private-sector jobs data, which had shown a 33,000 drop in hiring.
⭐️Personal comments NOVA:
Gold price accumulates and recovers around 3350. Friday has no important news and bank holiday in US session, short-term recovery
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3365- 3367 SL 3372
TP1: $3355
TP2: $3342
TP3: $3330
🔥BUY GOLD zone: $3311-$3313 SL $3306
TP1: $3325
TP2: $3338
TP3: $3350
⭐️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 gold price to grow with ADP-NF⭐️GOLDEN INFORMATION:
Gold (XAU/USD) finds it difficult to extend its two-day rally and trades within a tight range during Wednesday’s Asian session, hovering just below Tuesday’s one-week high. A modest rebound in the US Dollar—recovering from its lowest level since February 2022—has put pressure on the precious metal. Additionally, improving market sentiment continues to reduce demand for safe-haven assets like Gold, further limiting its upside.
⭐️Personal comments NOVA:
Steady trendline recovery, sustained buying could move towards 3383 with today's ADP-NF data
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3382- 3384 SL 3389
TP1: $3370
TP2: $3360
TP3: $3350
🔥BUY GOLD zone: $3312-$3310 SL $3305
TP1: $3320
TP2: $3330
TP3: $3340
⭐️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 recover in new week, gold price returns to 3300⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) regained some lost ground during Monday’s Asian session, buoyed by growing expectations that the US Federal Reserve may implement more interest rate cuts this year—and potentially sooner than previously anticipated. Such prospects weigh on the US Dollar, making the dollar-denominated metal more attractive to overseas buyers.
However, the recent improvement in global risk sentiment—driven by the US-China trade accord and a ceasefire agreement between Israel and Iran—could reduce demand for Gold’s safe-haven appeal. Investors now turn their attention to upcoming comments from Federal Reserve officials, with speeches from Atlanta Fed President Raphael Bostic and Chicago Fed President Austan Goolsbee expected later in the day.
⭐️Personal comments NOVA:
Gold price recovered, accumulating at the beginning of the new week around the price range of 3300. Still in the main downtrend.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3316- 3318 SL 3323
TP1: $3305
TP2: $3290
TP3: $3277
🔥BUY GOLD zone: $3248-$3246 SL $3241
TP1: $3258
TP2: $3270
TP3: $3286
⭐️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
GDP and price range accumulated above 3300⭐️GOLDEN INFORMATION:
Gold prices held firm during the North American session on Wednesday, climbing over 0.30% as easing tensions between Israel and Iran boosted risk sentiment. Meanwhile, disappointing US housing data could prompt future action from the Federal Reserve (Fed). However, Fed Chair Jerome Powell's continued hawkish stance has limited further upside for the precious metal.
At the time of writing, XAU/USD is trading around $3,334, up 0.34%, as the US Dollar pares earlier gains and Wall Street posts modest advances.
⭐️Personal comments NOVA:
moving in accumulation range following 2 trend lines, trading above 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3364- 3366 SL 3371
TP1: $3352
TP2: $3345
TP3: $3330
🔥BUY GOLD zone: $3302-$3300 SL $3295
TP1: $3315
TP2: $3328
TP3: $3340
⭐️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 continue sideway , SELL 3393⭐️GOLDEN INFORMATION:
Gold prices remain well-supported during the North American session following breaking news that Iran has launched retaliatory strikes on US military bases in Qatar. The escalation comes in response to Washington’s weekend assault on Iranian nuclear facilities. As geopolitical tensions in the Middle East dominate headlines, investors have largely sidelined US economic data. At the time of writing, XAU/USD is trading at $3,385, up 0.39%.
Macroeconomic indicators have taken a backseat as heightened conflict drives market sentiment. Citing Israeli media, Al Arabiya reported that Iran targeted US bases in Qatar, Kuwait, and Iraq with missile strikes. In a further escalation, Tehran approved the closure of the strategic Strait of Hormuz and launched additional missiles at Israeli targets—amplifying safe-haven demand for gold.
⭐️Personal comments NOVA:
Gold prices reacted to a decrease in positive news about peace in the Middle East, continuing to accumulate.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3392- 3394 SL 3399
TP1: $3382
TP2: $3370
TP3: $3360
🔥BUY GOLD zone: $3319-$3317 SL $3312
TP1: $3327
TP2: $3338
TP3: $3349
⭐️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 PMI positive, slight increase⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edge higher toward $3,375 in early Asian trading on Monday, driven by heightened geopolitical tensions following US President Donald Trump’s decision to intervene militarily in the Israel-Iran conflict. The move significantly escalates the situation in the Middle East, fueling demand for safe-haven assets like gold.
The US launched airstrikes on three Iranian nuclear facilities early Sunday, marking a direct entry into the conflict despite Trump’s prior pledges to avoid new overseas wars. The intensifying turmoil has sparked a wave of risk aversion, supporting bullion prices amid rising uncertainty. Meanwhile, investors will closely monitor the preliminary S&P Global US Purchasing Managers’ Index (PMI) for June, due later in the day, for further market direction.
⭐️Personal comments NOVA:
Gold prices continue to be supported around the 3340 mark, positive with today's US PMI news data
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3380- 3382 SL 3387
TP1: $3370
TP2: $3360
TP3: $3350
🔥BUY GOLD zone: $3318-$3316 SL $3311
TP1: $3326
TP2: $3338
TP3: $3349
⭐️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
Middle East War - Gold Price Increases✍️ NOVA hello everyone, Let's comment on gold price next week from 06/23/2025 - 06/27/2025
⭐️GOLDEN INFORMATION:
Gold prices held steady on Friday, hovering near $3,369 and on track to post a weekly loss of nearly 1.90%, as markets digested US President Donald Trump’s decision to forgo immediate military action against Iran in favor of a diplomatic approach. At the time of writing, XAU/USD is down 0.11%.
While easing geopolitical tensions helped lift risk sentiment, additional pressure on gold emerged from concerns over potential US restrictions on allies operating semiconductor plants in China, as reported by Bloomberg. Trump's restraint on Iran encouraged a risk-on tone, weighing on the appeal of the safe-haven metal.
⭐️Personal comments NOVA:
Middle East tensions escalate, gold prices continue to recover above 3400, early next week
🔥 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: $3395, $3448
Support: $3302, $3256
🔥 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
Accumulate around 3400, Keep interest rate today⭐️GOLDEN INFORMATION:
Gold prices slipped below the $3,400 threshold on Tuesday, weighed down by renewed strength in the US Dollar (USD), despite a worsening global risk sentiment. The resilience of the greenback limited gains in the safe-haven asset, though mounting tensions between Israel and Iran continue to offer underlying support. At the time of writing, XAU/USD is trading at $3,380, down 0.05%.
Although risk appetite remains subdued, gold has struggled to rally, as the US Dollar regains ground. The US Dollar Index (DXY), which measures the currency against a basket of six major peers, climbed 0.46% to 98.58.
Meanwhile, geopolitical tensions intensified after US President Donald Trump abruptly departed the G7 summit in Canada on Monday in response to unfolding events in the Middle East. In a stark warning posted to his social platform, he urged, “Everyone should immediately evacuate Tehran,” signaling a sharp escalation in the conflict that began last Friday.
⭐️Personal comments NOVA:
Gold price is moving in accumulation zone below 3400 - 3365. Break and return above 3400, continue to accumulate.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3437- 3439 SL 3444
TP1: $3425
TP2: $3410
TP3: $3395
🔥BUY GOLD zone: $3338-$3340 SL $3333
TP1: $3346
TP2: $3355
TP3: $3370
⭐️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 short term correction 3373Plan XAU day: 17 June 2025
Related Information: !!!
Gold price (XAU/USD) extends its intraday directionless price move and remains below the $3,400 mark through the first half of the European session on Tuesday. Traders now seem reluctant and opt to wait for more cues about the Federal Reserve's (Fed) rate cut path before placing fresh directional bets. Hence, the focus will remain glued to the outcome of a two-day FOMC meeting on Wednesday, which should provide a fresh impetus to the US Dollar (USD) and the non-yielding yellow metal.
Heading into the key central bank event risk, the growing acceptance that the Fed would lower borrowing costs further in 2025 keeps the USD close to a three-year low touched on Friday and acts as a tailwind for the Gold price. Apart from this, persistent trade-related uncertainties and rising geopolitical tensions in the Middle East assist the safe-haven precious metal to stall the previous day's retracement slide from a nearly two-month top. This, in turn, warrants some caution for the XAU/USD bears.
personal opinion:!!!
Selling pressure in the European session on Tuesday, pay attention to support zones: 3373, 3352
Important price zone to consider : !!!
Buy point: 3373 , 3352
Sustainable trading to beat the market
Continue the uptrend, gold price returns to 3444⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) slipped for the second consecutive session on Tuesday, retreating from an early uptick during the Asian session that briefly pushed prices above the $3,400 mark. A slight rebound in the US Dollar (USD) continues to weigh on the precious metal, acting as a key drag. However, the downside appears limited amid escalating geopolitical tensions in the Middle East and growing market expectations that the Federal Reserve (Fed) will initiate further rate cuts in 2025.
Meanwhile, the ongoing aerial conflict between Israel and Iran has entered its fifth day, heightening fears of a wider regional escalation. This persistent geopolitical uncertainty is keeping demand for safe-haven assets like gold supported. Investors are also exercising caution ahead of the Federal Open Market Committee’s (FOMC) two-day policy meeting, the outcome of which may shape the next directional move for non-yielding bullion.
⭐️Personal comments NOVA:
Gold price takes liquidity from lower supports: completed 3385, 3373. short term downtrend break. Gold price will soon return above 3400.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3443- 3445 SL 3450
TP1: $3435
TP2: $3422
TP3: $3407
🔥BUY GOLD zone: $3352-$3350 SL $3345
TP1: $3368
TP2: $3376
TP3: $3390
⭐️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
Opportunity for gold price to return to ATH: 3500✍️ NOVA hello everyone, Let's comment on gold price next week from 06/16/2025 - 06/20/2025
⭐️GOLDEN INFORMATION:
Gold prices surged for a third straight session on Friday as geopolitical tensions flared following Israel’s military strikes on Iranian targets, including nuclear facilities and key leadership. The escalation sparked a broad risk-off move across global markets, fueling demand for safe-haven assets. At the time of writing, XAU/USD trades at $3,422, marking a gain of over 1% on the day.
The yellow metal briefly soared to a five-week high of $3,446 before paring gains, as traders took profits ahead of the weekend. The geopolitical unrest, combined with dovish signals from recent US inflation data, has reinforced expectations that the Federal Reserve could begin cutting interest rates later this year—despite improving consumer sentiment. Together, these dynamics continue to support the bullish momentum in gold.
⭐️Personal comments NOVA:
Military tensions continue next week, which is a big boost for gold prices to continue rising above 3500.
🔥 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: $3488, $3502, $3562
Support: $3382, $3342
🔥 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
Fomo is bullish, gold could hit 3480⭐️GOLDEN INFORMATION:
Gold prices extended their rally for a second consecutive session on the back of weaker-than-expected inflation and labor market data in the United States (US), with XAU/USD climbing to $3,386—just below the key $3,400 threshold—amid mounting geopolitical tensions in the Middle East.
The overall market sentiment remains buoyant, fueled by consecutive soft US inflation prints that have amplified pressure on the Federal Reserve (Fed) to begin easing monetary policy. Meanwhile, signs of fragility in the labor market persist, as jobless claims exceeded 240,000 for the second week in a row, underscoring concerns about the broader economic outlook and lending further support to the safe-haven appeal of gold.
⭐️Personal comments NOVA:
War, a factor that helps gold prices grow, towards 3480
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3478- 3480 SL 3485
TP1: $3462
TP2: $3450
TP3: $3435
🔥BUY GOLD zone: $3375-$3377 SL $3370
TP1: $3389
TP2: $3400
TP3: $3412
⭐️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
Can gold price maintain the uptrend above 3400?⭐️GOLDEN INFORMATION:
Gold prices advanced by approximately 0.97% on Wednesday, buoyed by signs of easing inflation in the United States (US), which reinforced expectations that the Federal Reserve (Fed) could resume rate cuts as early as September. At the time of writing, XAU/USD is trading around $3,363.
The May Consumer Price Index (CPI) report shows a slowdown in price pressures compared to April, prompting a surge in demand for the yellow metal. In response, gold briefly rallied to an intraday high near $3,360 before paring back some of those gains, as investors recalibrated their outlook on the Fed’s policy path.
⭐️Personal comments NOVA:
Middle East concerns, along with information about influential high tariffs on countries without trade agreements. Gold prices have recovered, but there is no long-term stability.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3428- 3430 SL 3435
TP1: $3410
TP2: $3395
TP3: $3382
🔥BUY GOLD zone: $3345-$3343 SL $3338
TP1: $3355
TP2: $3367
TP3: $3380
⭐️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
Can the bulls help gold hit 3400 today?⭐️GOLDEN INFORMATION:
Gold prices surged more than 0.80% on Wednesday during the North American session, buoyed by disappointing U.S. economic data that signaled a slowdown in business activity and softer job growth. XAU/USD climbed to $3,382 after rebounding from a session low of $3,343.
Heightened tensions between the U.S. and China also contributed to bullish momentum in bullion. With uncertainty looming over upcoming trade negotiations between Washington and Beijing, investors sought refuge in safe-haven assets like gold.
Adding to market jitters, President Donald Trump signed an executive order doubling tariffs on steel and aluminum imports—from 25% to 50%—effective June 4. The move came just days ahead of a highly anticipated call between Trump and Chinese President Xi Jinping, further fueling concerns over escalating trade frictions.
⭐️Personal comments NOVA:
Buying power is continuing, will break out strongly in the US trading session
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3435- 3437 SL 3442
TP1: $3420
TP2: $3410
TP3: $3400
🔥BUY GOLD zone: $3344- $3346 SL $3339
TP1: $3355
TP2: $3368
TP3: $3382
⭐️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 factor to help gold price return to 3400?⭐️GOLDEN INFORMATION:
Gold prices gave back part of Monday’s gains, slipping over 0.80% on Tuesday, as robust U.S. labor market data reinforced the case for a strong economy and pressured the non-yielding metal. At the time of writing, XAU/USD trades around $3,348, after reaching an intraday peak of $3,392.
Investor sentiment brightened after the latest U.S. Job Openings and Labor Turnover Survey (JOLTS) revealed a sharp uptick in job vacancies for April, signaling continued tightness in the labor market. The upbeat data comes ahead of a pivotal week packed with employment reports, including Wednesday’s ADP Employment Change for May and Friday’s highly anticipated Nonfarm Payrolls, both of which could shape expectations for Federal Reserve policy.
⭐️Personal comments NOVA:
Gold prices maintain bullish momentum, tariff momentum coupled with current unfavorable economic data
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3411- 3413 SL 3418
TP1: $3400
TP2: $3390
TP3: $3380
🔥BUY GOLD zone: $3332- $3330 SL $3325
TP1: $3345
TP2: $3358
TP3: $3370
⭐️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 above 3300, tariff impact⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edged higher to around $3,310 during early Asian trading on Monday, buoyed by renewed demand for safe-haven assets amid lingering tariff uncertainty and heightened geopolitical risks.
Investors remain cautious following fresh tensions between the United States and China, after President Donald Trump accused Beijing of breaching the terms of their trade agreement. This has rattled global markets and lent support to the precious metal. Market participants now turn their attention to the upcoming US ISM Manufacturing PMI report for May, scheduled for release later in the day, which could offer further direction for gold.
⭐️Personal comments NOVA:
US raises tariffs on EU steel, a reminder of quickly negotiated deals, gold prices positive above 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3335- 3337 SL 3342
TP1: $3328
TP2: $3315
TP3: $3300
🔥BUY GOLD zone: $3289- $3287 SL $3282
TP1: $3297
TP2: $3308
TP3: $3318
⭐️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 with PCE news?⭐️GOLDEN INFORMATION:
Gold prices rebounded from weekly lows near $3,245 and surged past the $3,300 mark on Thursday, buoyed by a weaker-than-expected U.S. jobs report and optimism following a U.S. court ruling that halted President Donald Trump’s proposed tariffs. At the time of writing, XAU/USD is trading at $3,318, up 0.94% on the day.
The rally was fueled by data from the U.S. Department of Labor showing that jobless claims rose more than forecast, surpassing both market expectations and the previous week’s figures—an indication of potential softening in the labor market that weighed on the U.S. Dollar and boosted demand for safe-haven assets like gold.
⭐️Personal comments NOVA:
Price zone 3300, gold price accumulated in the past 2 weeks. waiting for fluctuations from tariffs
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3363- 3365 SL 3370
TP1: $3352
TP2: $3340
TP3: $3328
🔥BUY GOLD zone: $3280- $3282 SL $3275
TP1: $3290
TP2: $3300
TP3: $3310
⭐️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 accumulates above 3300, new week⭐️GOLDEN INFORMATION:
Gold (XAU/USD) faced some selling pressure around the $3,335 mark during Monday’s early Asian session, as easing trade tensions slightly dampened demand for the safe-haven asset. The recent softening in rhetoric surrounding global trade disputes has contributed to the metal’s pullback, though upcoming economic events could shift momentum.
On Sunday, US President Donald Trump announced a delay in imposing the proposed 50% tariffs on the European Union until July 9, easing fears of an imminent escalation in trade hostilities. This development has weighed on bullion prices by reducing immediate risk aversion in the markets.
Nonetheless, investor attention now turns to Wednesday’s release of the FOMC Minutes, which could offer further clarity on the Federal Reserve’s monetary policy outlook. Meanwhile, market participants will continue to monitor trade negotiations between the US and Japan, as well as other major economies. Any renewed tensions or setbacks in these discussions could quickly revive demand for gold as a protective hedge.
⭐️Personal comments NOVA:
Gold prices reacted slightly lower after the official announcement of tariff postponement. Accumulated above 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3388- 3390 SL 3395
TP1: $3376
TP2: $3363
TP3: $3350
🔥BUY GOLD zone: $3301- $3299 SL $3294
TP1: $3312
TP2: $3325
TP3: $3338
⭐️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 heat up again, gold recovers✍️ NOVA hello everyone, Let's comment on gold price next week from 05/26/2025 - 05/30/2025
🔥 World situation:
Gold resumed its upward momentum on Friday, surging nearly 2% on the day and over 5% for the week, as the US Dollar weakened amid renewed trade tensions. The yellow metal climbed to $3,359, rebounding from an intraday low of $3,287, as escalating rhetoric from Washington fueled investor demand for safe-haven assets.
US President Donald Trump intensified the trade standoff with the European Union, declaring that talks were “going nowhere” and threatening to impose 50% tariffs on EU imports starting June 1. Adding to the pressure, US Treasury Secretary Scott Bessent remarked that the EU’s trade proposals have fallen short compared to offers from other key partners. Mounting concerns over US fiscal policy and an increasingly strained global trade environment continue to bolster gold’s appeal.
🔥 Identify:
Tariff news is starting to heat up again, the US and other countries around the world have not reached a consensus on negotiations, gold prices benefit from the increase. The large time frame shows that prices are breaking out and continuing the upward trend.
🔥 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: $3412, $3436
Support: $3315, $3280, $3245
🔥 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
recovery, gold price traded above 3300 mark⭐️GOLDEN INFORMATION:
Beth Hammack of the Cleveland Federal Reserve emphasized that current U.S. government policies have made it increasingly challenging for the Fed to steer the economy effectively and fulfill its dual mandate of price stability and full employment. She also warned that the risk of a stagflationary environment—marked by stagnant growth and persistent inflation—is on the rise. In contrast, St. Louis Fed President Alberto Musalem recently argued that the current monetary policy stance remains appropriately calibrated.
Despite elevated U.S. Treasury yields, gold has struggled to gain traction, suggesting that higher yields alone are not enough to drive safe-haven demand under current conditions.
However, global monetary easing could provide a tailwind for the precious metal. In the latest moves during the Asian session, the People’s Bank of China (PBoC) cut its benchmark rate, followed by the Reserve Bank of Australia (RBA), which unexpectedly reduced its Cash Rate from 4.10% to 3.85%—actions that typically support non-yielding assets like gold.
⭐️Personal comments NOVA:
Gold prices recover due to military instability in the Middle East, growth momentum above 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3354- 3356 SL 3361
TP1: $3345
TP2: $3332
TP3: $3320
🔥BUY GOLD zone: $3252 - $3250 SL $3245
TP1: $3260
TP2: $3270
TP3: $3280
⭐️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