A slowdown in the DOWN trend !! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
This week's main events to watch out for include the release of the US Gross Domestic Product (GDP) for the fourth quarter on Thursday and the Core Personal Consumption Expenditures Price Index (Coe PCE) on Friday. If the US data shows weakness, it is expected to influence the Federal Reserve to adopt a more dovish stance, which could limit the downward movement of gold prices. Additionally, the US Richmond Fed Manufacturing Index for January will be published later on Tuesday, ahead of the key US event.
⭐️ Personal comments NOVA:
Gold price range 2020-2027. Still in a DOWN trend if there is no sudden change in bad economic data for the DOLLAR. Gold price continues to struggle sideways above $2000
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2002 - $2005 SL $1995
TP1: $2012
TP2: $2020
TP3: $2030
Pay attention to the 2015-2017 support zone, scalping BUY
🔥SELL GOLD zone: $2040 - $2042 SL $2050
TP1: $2032
TP2: $2026
TP3: $2020
⭐️ 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
- The winner is the one who sticks with the market the longest
Sellsignal
BIT SIMPSON : EAT MY SHORTNot sure how this is gonna turn out as I'm posting from mobile thanks to the great folks at the Microsoft Insiders Program. They thoughtfully have included the useful feature of corrupting the MBR on the C Drive when users leave the program after realizing it's banal. Thanks guys!
Back to bidniz..
I'm not shouting this one from the rooftops, not because I'm uncertain, but because it can easily be done wrong, so feel free to trade it, but unless you're comfortable trading BTC, let's regard this as a training exercise, ok?
Pretty confident it's just reached a near-perfect SHORT entry level, as indicated by the green circle. If it moves above that level, find cover or just assume the fetus position and shelter in place. The end will likely not be a long wait from that point.
If I'm right, you' ve just been handed your next ice-breaker with that hottie you know is a sucker for nerds that talk about their financial gains made on the backs of work done by others..
Will update the TP as soon as the topical lotion dries on this rash.
Go get'em, Tiger!
Scalping XAU !! 22/1/2024 stuck at the border of 2 trendlines⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is facing renewed selling pressure at the start of the week, putting a halt to its two-day recovery from the $2,000 mark. This level is considered a psychological threshold, and the price had dropped to a one-month low last Wednesday. Last week, positive macroeconomic data from the United States indicated a resilient economy, giving the Federal Reserve (Fed) room to maintain higher interest rates for a longer period. Additionally, hawkish comments from several Fed officials have led investors to lower their expectations for a more aggressive policy easing in 2024. As a result, this is undermining the appeal of gold as an investment, as it does not generate yield.
⭐️ Personal comments NOVA:
The price is having a certain compression, stuck in 2 trendlines. The setup touches the downtrend line, a SELL signal
⭐️ SET UP GOLD PRICE:
🔥SELL GOLD zone: $2025 - $2027 SL $2030
TP1: $2021
TP2: $2017
⭐️ 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
- The winner is the one who sticks with the market the longest
Gold's prosperity at the end of January 2024!! XAU✍️ NOVA hello everyone, Let's comment on gold price next week from 22/1 - 26/1/2024
🔥 Identify:
The prosperity at the end of January 2024, political and military tensions in the US economy helped Gold prices recover slightly, but not for long.
Next week, important economic data such as PMI, GDP... can continue to help Gold prices recover further before falling to sideways accumulation.
🔥 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: $2038, $2056
Support : $2002, $1976
🔥 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
Prices continue to DECREASE during the week! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is moving within a limited range during the Asian session on Friday and continues to stay close to a low point reached earlier this week, around the psychological level of $2,000. The Middle East is experiencing heightened geopolitical tensions as Pakistan conducted retaliatory airstrikes inside Iran on Thursday. Additionally, clashes between the US and Houthi forces in the Red Sea, coupled with ongoing concerns about China's weak economy, provide support for the safe-haven status of gold.
⭐️ Personal comments NOVA:
Following the DOWN trend of Gold, US economic data is also supporting that
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $1993 - $1995 SL $1985
TP1: $2002
TP2: $2010
TP3: $2020
🔥SELL GOLD zone: $2033 - $2035 SL $2040
TP1: $2027
TP2: $2020
TP3: $2010
⭐️ 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
- The winner is the one who sticks with the market the longest
Scalping XAU! 19/1/24 Strong selling resistance zone⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US-led coalition is still engaged in conflicts with the Iran-backed Houthi faction in the Red Sea, which is contributing to the stability of the Comex Gold price as the US Dollar remains subdued. On Thursday, Houthi rebels in Yemen fired two ballistic missiles at a tanker ship owned by the US and operated by Greece. In response, the US conducted its fifth attack against Houthi targets.
⭐️ Personal comments NOVA:
set up signal SELL XAU, resistance zone along with US economic data expected to be good for USD bad for XAU
⭐️ SET UP GOLD PRICE:
🔥SELL GOLD zone: $2033 - $2035 SL $2040
TP1: $2025
TP2: $2017
TP3: $2002
⭐️ 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
- The winner is the one who sticks with the market the longest
GBP/ JPY !! 19/1/2024 Trendline PRICE UP is stable⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
The H4 long-term increasing trendline is very beautiful. The price touches the trendline, setting up a SELL signal
⭐️ SET UP GBPJPY PRICE:
🔥SELL zone: 188.550 - 188.700 SL 189.100
TP1: 188.200
TP2: 187.900
TP3: 187.600
⭐️ 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
- The winner is the one who sticks with the market the longest
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key Resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Strong SELLING PRESSURE can cause Gold price to fall to 2002area⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Federal Reserve (Fed) Governor Christopher Waller stated on Tuesday that the Fed has the ability to decrease the target range for the federal funds rate in the upcoming year. Waller emphasized the importance of gradually and cautiously reducing the rates once the appropriate time arrives. Based on the CME FedWatch tool, market indicators suggest a 67% probability that the Federal Open Market Committee (FOMC) will initiate rate cuts in March. However, following Waller's remarks, traders adjusted their expectations from seven cuts in 2024 to six.
⭐️ Personal comments NOVA:
After last night's decline, Gold prices showed strong selling pressure, trading below the EMA lines, with an unclear trend, continuing a wide sideways range above the $2000 range.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2000 - $2002 SL $1995
TP1: $2010
TP2: $2025
TP3: $2040
🔥SELL GOLD zone: $2039 - $2041 SL $2047
TP1: $2030
TP2: $2022
TP3: $2010
⭐️ 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
- The winner is the one who sticks with the market the longest
GBP/JPY ↘️ Short Trade setup ↘️Hello Everyone 🙋🏽♂️
Double Top
💲 Entry Point : 185.955
✔️ Tp 185.345
🔴 SL 186.203
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
GBP/ JPY !! Getting SELL bad data for GBP⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
According to economic data experts, GBP will not be supported today, following the SELL trend around this area, touching the EMA.
⭐️ SET UP GBP/JPY PRICE:
🔥SELL zone: 185.350 - 185.500 SL 186.000
TP1: 185.000
TP2: 184.700
TP3: 184.400
⭐️ 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
- The winner is the one who sticks with the market the longest
PPI !! There is a chance for recovery!! XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
On Friday, investors will pay close attention to the economic data coming out of China. It is predicted that the Consumer Price Index (CPI) for the nation will decrease by 0.4% compared to the previous year in December. Similarly, the Producer Price Index (PPI) is expected to drop by 2.6% year-on-year, down from the previous reading of 3.0%. If the data turns out to be weaker than expected, it could potentially have a negative impact on the price of gold, as China is one of the largest consumers of the precious metal worldwide. In addition, the US Producer Price Index (PPI) will also be released later in the day on Friday.
⭐️ Personal comments NOVA:
PPI prediction is quite positive for the dollar, Gold price is still sideways around the area below $2040, selling pressure is still trying to return to the $2000 area
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2022 - $2020 SL $2017 scalping Asian session
TP1: $2026
TP2: $2030
TP3: $2034
🔥BUY GOLD zone: $2000 - $2002 SL $1995
TP1: $2010
TP2: $2020
TP3: $2030
🔥SELL GOLD zone: $2053 - $2055 SL $2060
TP1: $2045
TP2: $2038
TP3: $2030
⭐️ 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
- The winner is the one who sticks with the market the longest
USdJPY: ppi newsWhat is best intraday strategy with no indicators What is best short selling strategy?
How to sell high and buy low How to do intraday trading How to trade in initial 15 minutes Which timeframe is best for day trading? What is intraday strategy for first 15 min What is open high open low strategy?
Waiting for new motivation after today's CPI news⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
During the early Asian trading hours on Thursday, the price of gold (XAU/USD) experienced a gradual increase. The weakened US Dollar (USD) provided some encouragement to the yellow metal, particularly in anticipation of the significant US CPI report later in the day. Currently, the gold price stands at $2,026, reflecting a 0.15% gain for the day.
⭐️ Personal comments NOVA:
It is still a nice DOWN trend according to the H1 chart frame, trading below the EMA makes the trend even clearer. CPI data at the beginning of the year creates prosperity for the US economy
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2013 SL $2010 scalping
TP1: $2019
TP2: $2025
TP3: $2032
🔥BUY GOLD zone: $2000 - $2002 SL $1995
TP1: $2010
TP2: $2020
TP3: $2030
🔥SELL GOLD zone: $2037 - $2039 SL $2045
TP1: $2034
TP2: $2028
TP3: $2020
⭐️ 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
- The winner is the one who sticks with the market the longest
Steady correction DOWN trend!! XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is facing difficulties in gaining significant momentum after experiencing a slight decline from the $2,040 level yesterday. It is currently moving within a tight trading range during the Asian session on Wednesday. Traders appear hesitant and are choosing to wait for the upcoming release of the most recent consumer inflation data on Thursday before making any new directional trades.
⭐️ Personal comments NOVA:
Gold price is in a stable downward adjustment rhythm, with strong selling pressure. Price trading below the EMA shows the main downtrend
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2010 - $2012 SL $2007 scalping
TP1: $2016
TP2: $2020
TP3: $2025
🔥BUY GOLD zone: $2000 - $2002 SL $1995
TP1: $2010
TP2: $2020
TP3: $2030
🔥SELL GOLD zone: $2048 - $2050 SL $2055
TP1: $2040
TP2: $2025
TP3: $2012
⭐️ 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
- The winner is the one who sticks with the market the longest
Gold melting a little?In the final days in December gold's strength has started to weaken. Wednesday December 27th 2023 is the last high we saw gold peaking around 2088.41. A massive and consistent downtrend has come right after that with a clear formulated structure with lower-low's and lower-high's. Monday January 08th 2024 is when we saw a pull-back and momentum revitalize it's self with going stabilizing itself seeing more stride with it's price trying to gain value back to the upside. Yesterday Tuesday January 9th 2024 during New York session it's seemly lost it's momentum but we can see that Monday's New York session has made clean traffic with price to the upside which in turn will be great for pin pointing where gold will go.
*** KEY ANALYSIS ***
I'm looking for GOLD to break and CLOSE under 2023.83 on a 30M time frame. This will confirm more of a downtrend considering the clean traffic and move up from Monday New York session that had alot of volume
-- Close under my zone at 2023.83
Target 120 pts on candle break and close.
Stops: anywhere above opposite side of the zone at 2027.43
GBP/ JPY ! 10/1/2024 GBP bad news today⭐️Smart investment, Strong finance
⭐️Personal comments NOVA:
The price is approaching the nearest resistance zone, GBP news is also not positive today. Set up SELL signal
⭐️SET UP GBP/JPY PRICE:
🔥SELL zone: 184.000 - 184.200 SL 184.500
TP1: 183.700
TP2: 183.400
TP3: 183.000
⭐️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
- The winner is the one who sticks with the market the longest
Gold's DOWN cycle continues !! 1/9/2024⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is rebounding slightly below the mid-$2,000s in the early Asian session on Tuesday. There is a chance that the US Federal Reserve (Fed) will prolong its cautious approach, which could lead to some selling pressure on gold in the short term. However, gold traders will primarily look to the US Consumer Price Index (CPI) on Thursday for new inspiration. Currently, the gold price is trading around $2,030, up 0.14% for the day.
⭐️ Personal comments NOVA:
The downtrend is even more obvious, with the actions of some funds taking profits on Gold above the $2000 price range. Gold continues to suffer negative impacts in early 2024
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2000 - $2002 SL $1992
TP1: $2010
TP2: $2020
TP3: $2030
🔥SELL GOLD zone: $2048 - $2050 SL $2055
TP1: $2040
TP2: $2025
TP3: $2017
⭐️ 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
- The winner is the one who sticks with the market the longest
USD/ CHF !! 1/9/2024 trendline DOWN⭐️ Smart investment, Strong finance
⭐️ News
Investors will be looking for guidance from the Swiss Consumer Price Index for December, which is scheduled to be released later today. Analysts expect the annual CPI to indicate a growth of 1.5% compared to the previous reading of 1.4%, while the monthly CPI is predicted to remain unchanged at -0.2%.
The main event to watch out for this week will be the release of US inflation data on Thursday. Market participants anticipate that the headline Consumer Price Index (CPI) will show a year-on-year increase of 3.2%, while the Core CPI is projected to decrease from 4% to 3.8% year-on-year.
⭐️ Personal comments NOVA:
The price area touching the trendline and touching the EMA is suitable for a SELL signal
⭐️ SET UP USD/CHF PRICE:
🔥SELL zone: 0.84750 - 0.84900 SL 0.85300
TP1: 0.84400
TP2: 0.84100
TP3: 0.83800
⭐️ 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
- The winner is the one who sticks with the market the longest