Gold trend! continued decrease ! sideway⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) continue to decline during Thursday's Asian session, following the previous day’s pullback from the $2,658 level. Strong US economic data released on Wednesday, along with limited progress in reducing inflation, suggest that the Federal Reserve (Fed) may approach further rate cuts cautiously. This outlook has driven a slight rebound in US Treasury yields and bolstered US Dollar demand, putting pressure on the non-yielding precious metal.
However, markets are still largely expecting a 25 basis point (bps) rate cut by the Fed in December. Additionally, US President-elect's tariff threats have sparked concerns over a potential trade war that could harm global economic growth. Combined with ongoing geopolitical risks from the Russia-Ukraine conflict, these factors are helping Gold maintain support above the $2,600 level.
⭐️Personal comments NOVA:
Selling pressure continues - target returns to 2605 area, bank holiday gold price mainly sideways and decreases slightly
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2633 - $2635.5 SL $2639 scalping
TP1: $2625
TP2: $2612
TP3: $2605
🔥SELL GOLD zone: $2657 - $2659 SL $2664
TP1: $2650
TP2: $2640
TP3: $2630
🔥BUY GOLD zone: $2605 - $2603 SL $2598
TP1: $2615
TP2: $2622
TP3: $2630
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Sellsetup
XAU ! Scalping , trade under 2700 ! The bears will prevailSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
US President-elect Donald Trump's promise to impose tariffs on imports from Canada, Mexico, and China sparked renewed safe-haven demand for Gold.
Meanwhile, Ukraine reported its largest Russian drone attack to date, alongside reports of Russia using a hypersonic missile last week and advancing at its quickest pace since the 2022 invasion. Allegations of North Korean troops being deployed in Ukraine further complicate the situation, while Ukraine's strikes on deep Russian targets using Western-supplied missiles increase the risk of further conflict escalation.
⭐️Personal comments NOVA:
Gold price is recovering. If it breaks through 2662, the buying force will still be strong and will wait for a stronger resistance area at 2688.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2688 - $2690 SL $2693
TP1: $2680
TP2: $2670
TP3: $2660
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Rebound 2661 - still moving DOWN! XAU⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold’s decline was limited by the escalating Ukraine-Russia conflict, which helped XAU/USD hold above the $2,600 per ounce level, despite the Greenback regaining some strength.
On the data front, the US Conference Board's Consumer Confidence for November came in stronger than both expectations and October's figures.
Looking ahead, key US economic reports this week include Durable Goods Orders, Initial Jobless Claims, and the Fed’s preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index.
⭐️Personal comments NOVA:
H1 frame shows signs of Gold breaking the rising trend, expected to recover to the 2662 area then follow the main trend DOWN by the end of 2024
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2661 - $2663 SL $2668
TP1: $2650
TP2: $2640
TP3: $2630
🔥BUY GOLD zone: $2607 - $2605 SL $2602 scalping
TP1: $2612
TP2: $2618
TP3: $2625
🔥BUY GOLD zone: $2582 - $2580 SL $2575
TP1: $2590
TP2: $2600
TP3: $2610
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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 sideway - in DOWN range below zone 2646SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Optimism surrounding Scott Bessent's nomination as US Treasury Secretary and progress on the Israel-Hezbollah ceasefire agreement put significant pressure on gold prices at the start of the week.
Expectations that Bessent will adopt a gradual approach to tariffs to address the budget deficit drove a sharp decline in US Treasury bond yields, further weakening the US Dollar.
⭐️Personal comments NOVA:
Gold moves sideways, stuck in the 2600 - 2646 range, still in a downtrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2630 - $2632 SL $2635
TP1: $2620
TP2: $2610
TP3: $2600
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
DOW formation - DOWN trendXAU / USD trend forecast November 26, 2024
Gold prices (XAU/USD) plunged during Monday’s North American session following reports of a ceasefire agreement between Lebanon and Israel, which bolstered demand for riskier assets. Coupled with the announcement of Scott Bessent as the Treasury Secretary in Trump’s administration, this added further pressure on the yellow metal. XAU/USD is currently trading at $2,620, marking a drop of over 3%.
The shift in risk sentiment has been a key factor driving Gold’s decline. The metal has broken below the 50-day Simple Moving Average (SMA) at $2,664, paving the way for potential further losses.
Gold maintains price range below 2700 after ending short-term recovery - DOW wave 5 bar h1 frame
/// SELL XAU : zone 2649-2652
SL: 2657
TP: 50 - 150 - 300pips (2622)
Safe and profitable trading
Gold sideways below 2700 price zone ! Scalping XAU / USD trend forecast November 25, 2024 ! SCALPING
Gold prices (XAU/USD) remain under significant selling pressure during the early European session on Monday, though they manage to stay above the $2,650 mark and hold support at the 100-period Simple Moving Average (SMA) on the 4-hour chart. The nomination of Scott Bessent as US Treasury Secretary has removed a key source of uncertainty for the markets. Additionally, reports suggesting that Israel is nearing a ceasefire agreement with Hezbollah in Lebanon have bolstered investor confidence, reducing demand for the safe-haven yellow metal.
Monday gold price is under a lot of selling pressure below $2700, sideways and accumulating below this price range
/// SELL XAU : zone 2685-2688
SL: 2691
TP: 40 - 80 - 150 pips (2673)
Safe and profitable trading
Scalping ! Find short-term FIBO retracement pointsSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold (XAU/USD) dropped over 1% on Monday, trading in the $2,670 range, as markets reacted positively to the appointment of a steady and experienced figure to succeed Janet Yellen as the next US Treasury Secretary.
President-elect Donald Trump selected hedge fund manager Scott Bessent for the role, set to begin in January 2025. Bessent's reputation for cautious decision-making and his potential to temper some of Trump’s more extreme economic and trade policies appear to have eased market concerns, reducing the demand for gold as a safe-haven asset.
⭐️Personal comments NOVA:
Price decreased at the beginning of the week on Monday - price recovered at 2690 entry FIBO, SELL SCALPING
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2690 - $2692 SL $2696
TP1: $2685
TP2: $2678
TP3: $2670
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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 / USD ! 25 Nov ! Gold price adjusted downXAU / USD trend forecast November 25, 2024
Gold prices (XAU/USD) surge to approximately $2,720 during the early Asian session on Monday, supported by a weakening US Dollar (USD). The USD's sell-off lends support to the USD-denominated Gold price, while escalating geopolitical tensions further bolster demand for safe-haven assets like the yellow metal.
Investors remain focused on developments in the Russia-Ukraine conflict. Last week, Russian President Vladimir Putin lowered the threshold for a nuclear strike in response to an expanded range of conventional attacks, following reports that the US had permitted Ukraine to use American-made weapons for deeper strikes into Russian territory. This situation is likely to sustain safe-haven flows, benefiting Gold prices.
Gold adjusts H2 fibo, downtrend creates more liquidity for the market
/// BUY XAU : zone 2651-2648
SL: 2643
TP: 50 - 150 - 300pips (2678)
Safe and profitable trading
Friday Gold Chart for PMI services Alert!For Sell side there is 2 scenario.
First there is strong supply area in day candel and there is more chance to market is extent supply and Fall again
Second is There is trend line in One hour time frame so Gold respect the Area of 2685 again so We took sell from 150 pips here easily
XAU ! Nov 21 ! waiting for resistance 2674XAU / USD trend forecast November 21, 2024
Gold prices (XAU/USD) hold onto their upward momentum as the European session approaches, currently hovering near the $2,660 mark, a one-and-a-half-week high reached earlier this Thursday. This marks the fourth consecutive day of gains, driven by heightened geopolitical risks arising from the escalating Russia-Ukraine conflict, which supports demand for the safe-haven metal. Additionally, a slight weakening of the US Dollar (USD) provides further support for the commodity.
The price increase continues - gold price recovers strongly. Waiting for reaction at resistance levels: 2674 - 2682 - 2710. The price increase continues - gold price recovers strongly. Waiting for reaction at resistance levels: 2674 - 2682 - 2710. World military tension will ease from next year with more peaceful policies of President Trump.
/// SELL XAU : zone 2672-2675
SL: 2680
TP: 50 - 150 - 300pips (2645)
Safe and profitable trading
XAU ! 11/20 ! Gold sideways, holding above 2600XAU / USD trend forecast November 20, 2024
Gold prices (XAU/USD) continue their intraday retreat from the $2,642 level, a one-and-a-half-week high reached earlier on Wednesday, dropping to a new daily low during the early European session. The US Dollar (USD) gains support from dip-buying, fueled by a notable rise in US Treasury yields amid expectations of a more cautious approach to policy easing by the Federal Reserve (Fed). This shift in sentiment diverts investment flows away from the non-yielding yellow metal.
Gold price recovered, still maintaining above 2600, sideways price range 2600-2645
/// SELL XAU : zone 2629-2632
SL: 2637
TP: 50 - 100 - 300pips (2602)
Safe and profitable trading
GARWARE New Short Trade OpportunityGARWARE TECH (15-Minute Timeframe) - Short Trade Opportunity
Trade Setup:
A clear short trade setup has emerged on the 15-minute timeframe for Garware Tech using the Risological swing trading indicator . The entry signal indicates a strong bearish move, supported by the break below key support levels.
Key Levels:
Entry: 4419.05
Stop Loss (SL): 4602.05
Take Profit Targets:
TP1: 4192.90
TP2: 3827.00
TP3: 3461.05
TP4: 3234.90
Technical Indicators:
The bearish crossover and the downward trajectory of the moving averages highlight the weakening momentum. The Risological Swing Trader Indicator confirms a high-confidence short entry with well-defined targets.
Strategy Note:
Traders are advised to monitor price action near TP1 and TP2 for potential retracements. Adjust stop-loss levels dynamically as the trade progresses to protect profits.
This short trade setup offers a promising risk-reward ratio for intraday traders! Stay disciplined and let the technicals lead the way.
No NEWS, Opportunity for gold to continue to recoverSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) remain steady during the early European session, hovering near $2,620, slightly below Tuesday’s one-week high. Persistent geopolitical tensions, including the prolonged Russia-Ukraine conflict and unrest in the Middle East, continue to fuel safe-haven demand for the precious metal for a second consecutive day. However, expectations of a less aggressive rate-cutting approach by the Federal Reserve (Fed) limit further gains for the non-yielding Gold.
⭐️Personal comments NOVA:
Small frame, gold buying pressure is still large, positive recovery, price will still move within the range of 2600 - 2644
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2603 - $2601 SL $2598
TP1: $2610
TP2: $2618
TP3: $2625
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
USD/ JPY ! 11/14 ! JPY value will increaseUSDJPY trend forecast November 14, 2024
The Japanese Yen (JPY) remains under selling pressure during the Asian session on Thursday, helping USD/JPY reach the 156.00 level for the first time since July 23, supported by a strong US Dollar (USD). Market sentiment suggests Japan’s political climate may hinder the Bank of Japan (BoJ) from further tightening its policy, which weakens the JPY. Additionally, worries about potential trade tariffs from US President-elect Donald Trump add further pressure on the Yen.
The dollar is benefiting from the new president trump FOMO, but it is cooling down soon.
The Japanese yen also has new moves with the new prime minister, helping the value of the Japanese yen increase further.
/// SELL USD/JPY : zone 156.100 - 156.400
SL: 156.700
TP: 40 - 100 - 200 pips (154.400)
Safe and profitable trading
Continue downtrend - target 2506 coming soon✍️ NOVA hello everyone, Let's comment on gold price next week from 11/18 - 11/22/2024
🔥 World situation:
Gold prices fell for the sixth consecutive day, heading for a weekly loss of over 4%—the steepest since September 2023. Federal Reserve Chair Jerome Powell's mildly "hawkish" remarks strengthened the US Dollar, reducing demand for gold. As of now, XAU/USD trades at $2,564, down 0.17%.
On Thursday, Powell stated that the Fed is not in a hurry to cut interest rates, citing a resilient economy, a robust labor market, and inflation still above the 2% target.
🔥 Identify:
The decline in gold will continue as money is being drawn to other opportunistic financial sectors, the decline could be prolonged, sending gold prices to 2500 or 2400.
🔥 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: $2590, $2610, 2645
Support : $2539, $2504
🔥 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
XAU ! 11/14 ! still a strong decreaseXAU / USD trend forecast November 14, 2024
The US Dollar gained strongly as markets had largely anticipated a 25-basis-point hike by the Federal Reserve at its December meeting. CME FedWatch Tool data shows the odds have increased from 58% to 82%. The DXY index, which measures the Dollar’s strength against major currencies, reached a year-to-date high of 106.52, just above the previous high of 106.51 from April 16, and is currently around 106.49, up 0.50%.
yesterday's sharp drop - continues to make investors believe prices will fall further: 2500
/// SELL XAU : zone 2574-2577
SL: 2580
TP: 50 - 100 - 150pips (2561)
/// SELL XAU : zone 2590-2593
SL: 2598
TP: 50 - 200 - 300pips (2563)
Safe and profitable trading
Gold reduced! The target is aimed at 2514⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its decline for the fifth consecutive session, hitting its lowest level since September 19 near $2,558 during Thursday’s Asian session. Persistent US Dollar (USD) strength, fueled by optimism over President-elect Donald Trump's pro-growth policies and expectations of a Federal Reserve (Fed) pause in easing, keeps pressure on the non-yielding metal. Elevated US Treasury yields and a strong USD, which reached its highest level since November 2023, further weigh on Gold.
Additionally, Wednesday's US Consumer Price Index (CPI) report signaled slower progress in reducing inflation, suggesting fewer rate cuts in 2024. Coupled with a bullish run in US equity markets, this has driven investors away from Gold. Traders now await the US Producer Price Index (PPI) release for near-term direction, with attention on Fed Chair Jerome Powell's speech later today.
⭐️Personal comments NOVA:
The H4 price frame shows a strong downtrend, pay attention to the support zone, buyer liquidity here is quite large 2548
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2580 - $2582 SL $2587
TP1: $2565
TP2: $2550
TP3: $2530
🔥BUY GOLD zone: $2515 - $2513 SL $2508
TP1: $2525
TP2: $2540
TP3: $2560
🔥BUY GOLD zone: $2548 - $2550 SL $2545 scalping
TP1: $2558
TP2: $2564
TP3: $2570
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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 maintains a strong downtrendSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The CME Group's FedWatch Tool shows the likelihood of a 25-basis-point rate cut at the next FOMC meeting has surged to over 80%, up from under 60% on Tuesday. Dallas Fed President Lorie Logan remarked that while significant progress has been made in lowering inflation, the central bank should move forward carefully.
⭐️Personal comments NOVA:
After breaking the D frame support zone (2550), the downtrend will continue, waiting for the SELL SCALPING TEST 2550 zone.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2549 - $2551 SL $2554
TP1: $2544
TP2: $2538
TP3: $2530
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
11/12 ! XAU ! Bears determined to continue to lower pricesXAU / USD trend forecast November 12, 2024
Gold dropped over 2.5% on Monday as the US Dollar surged to a four-month high. Speculation that a second Trump term might reignite trade tensions is supporting the USD's strength. XAU/USD is now trading at $2,611 after hitting a daily high of $2,686. This decline follows gold's worst weekly performance in more than five months after the election, with the US Dollar Index (DXY) up 0.6% to 105.57.
Gold prices continued to decline on Monday - returning to the 2610 zone. The 2606 support zone could help gold recover and stay above 2600 in the short term.
/// SELL XAU : zone 2654-2657
SL: 2662
TP: 50 - 150 - 300 pips (2627)
Safe and profitable trading
XAU ! 11/12 ! Continue the downtrend ! 2580XAU / USD trend forecast November 12, 2024! SCALPING
Gold prices (XAU/USD) continue to decline during the first half of Tuesday's European session, dropping below $2,600 for the first time since September 20. Investors remain focused on the “Trump trade,” which strengthens the US Dollar to a four-month high, adding pressure to gold for the third consecutive day.
Additionally, expectations that Trump’s expansionary policies will drive economic growth and inflation are likely to restrict the Federal Reserve’s need for further easing. This keeps US Treasury yields high, diverting interest away from the non-yielding gold as markets await key speeches from prominent FOMC members.
break support 2610 - gold price continues to fall below 2600. Wait for retest 2610, SELL signal following downtrend
/// SELL XAU : zone 2608-2611 scalping
SL: 2614
TP: 40 - 80 - 150 pips (2596)
Safe and profitable trading
Scalping XAU ! decreasing trend M15SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Trump's win has raised questions about whether the US Federal Reserve might slow its pace of rate cuts, supporting the Greenback and pressuring USD-denominated Gold.
"The dollar and yield rally is weighing on gold, as rising real interest rates typically reduce demand for safe-haven assets," said Matthew Jones, precious metals analyst at London’s Solomon Global. "However, from a broader perspective, the outlook remains ‘as good as gold,’” he added.
⭐️Personal comments NOVA:
Trendline M15 - downtrend - break and retest sideway M15 XAU/USD
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2669 - $2671 SL $2674
TP1: $2664
TP2: $2658
TP3: $2650
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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 ! 11/11 ! XAU sideway , wait retest 2681XAU / USD trend forecast November 11, 2024! SCALPING
Gold prices saw their sharpest weekly drop in over five months as the US Dollar strengthened broadly and US Treasury yields surged after Donald Trump's presidential win. The "Trump trade" momentum keeps supporting the Greenback, adding pressure to gold prices for the second day on Monday, with equity markets maintaining a positive outlook.
Gold is still sideways around the price range of 2664 - 2675, waiting for a break and entering orders following the trend. Waiting for the retest range of 2681 to set up a SELL signal.
/// SELL XAU : zone 2681-2684 scalping
SL: 2687
TP: 40 - 80 - 150 pips (2669)
Safe and profitable trading
Gold continues downtrend - market stability✍️ NOVA hello everyone, Let's comment on gold price next week from 11/11 - 11/15/2024
🔥 World situation:
Gold prices fell on Friday as the US Dollar rebounded, despite a dip in Treasury yields. Traders adjusted their "Trump trade" positions, cautious about tariff uncertainties following Trump’s election win. XAU/USD is down 0.67%, trading at $2,688.
US equities continued to rise, brushing off previous election concerns that had boosted Gold. With political risks easing, the market focus now shifts to Trump's policy plans.
🔥 Identify:
The time when gold is sideways and adjusts down, stabilizing the price in 2024 to a safe zone. In the context that there will be many financial packages to stimulate the global economy in the near future, gold will become less attractive than other financial sectors.
🔥 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: $2710, $2756
Support : $2666, $2645, 2606
🔥 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