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Selling pressure, gold price continues to fall below 3285?⭐️GOLDEN INFORMATION: Gold prices declined by nearly 2% on Monday, slipping below the $3,300 mark, as investor sentiment improved following U.S. President Donald Trump’s decision to postpone tariffs on European Union imports. The renewed risk appetite, coupled with a modest rebound in the U.S. Dollar from last week’s losses, placed pressure on the non-yielding precious metal. The move came after a weekend call between President Trump and European Commission President Ursula von der Leyen, which resulted in the U.S. deferring the planned 50% tariffs on EU goods until July 9. The development eased global trade concerns, prompting a shift away from safe-haven assets—excluding the Greenback—and helped propel global equity markets higher. ⭐️Personal comments NOVA: Accumulated price zone around 3300, under selling pressure, mainly waiting for important economic news this week: GDP, FOMC ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3363- 3365 SL 3370 TP1: $3352 TP2: $3340 TP3: $3325 🔥BUY GOLD zone: $3266- $3268 SL $3261 TP1: $3277 TP2: $3286 TP3: $3300 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
1
Gold back below 3200 today?⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) edged lower to around $3,230 during early Asian trading on Tuesday, weighed slightly by a modest rebound in the US Dollar (USD). However, lingering concerns over the health of the US economy—especially in the wake of Moody’s recent credit rating downgrade—may help limit further downside for the precious metal. The Greenback’s recovery is curbing upside momentum for USD-denominated assets like gold. Still, heightened economic uncertainty continues to underpin safe-haven demand. Moody’s downgraded the US sovereign rating from "Aaa" to "Aa1" on Friday, citing escalating debt levels and interest obligations that now exceed those of other similarly rated nations. These developments are keeping risk sentiment fragile and lending underlying support to gold prices. ⭐️Personal comments NOVA: Accumulate along the upper and lower trend lines, gold price will break and take more liquidity than the downtrend ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3224- 3226 SL 3230 scalping TP1: $3215 TP2: $3208 TP3: $3200 🔥SELL GOLD zone : 3276- 3278 SL 3283 scalping TP1: $3260 TP2: $3250 TP3: $3240 🔥BUY GOLD zone: $3152 - $3150 SL $3145 TP1: $3165 TP2: $3180 TP3: $3195 ⭐️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 16 hours ago
OANDA:XAUUSDShort
by Nova-Scalper
5
Gold price hidden 3200, waiting for opportunity to increase✍️ NOVA hello everyone, Let's comment on gold price next week from 05/19/2025 - 05/23/2025 🔥 World situation: Gold prices dropped over 1.5% on Friday, poised to close the week with a steep loss of more than 4%, as improved risk sentiment drove investors away from safe-haven assets and toward equities and other riskier investments. At the time of writing, XAU/USD is trading around $3,187, retreating from a daily peak of $3,252. The precious metal started the week on the back foot following reports of a significant de-escalation in the US-China trade conflict, including a mutual agreement to reduce tariffs by 115%, which triggered a sharp selloff in bullion. Despite fluctuating between $3,120 and $3,265 throughout the week, gold struggled to sustain bullish momentum, with fading buyer interest becoming increasingly evident amid stronger risk appetite and encouraging US economic data. 🔥 Identify: Gold price is still in the accumulation phase waiting for a price decrease around 3200. Will be greatly affected by tariff news and Russia - Ukraine peace negotiations 🔥 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: $3265, $3357 Support: $3160, $3112 🔥 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
OANDA:XAUUSDShort
by Nova-Scalper
1
Gold price downtrend with PPI news⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) extended their decline for a second consecutive session on Thursday, marking the third drop in the past four days and slipping to a more than one-month low below the $3,150 mark during Asian trading hours. The sustained downward pressure is largely driven by renewed optimism following signs of a meaningful de-escalation in the US-China trade dispute — a development that has dampened demand for traditional safe-haven assets like gold. The announcement of a 90-day trade truce between the world’s two largest economies has also helped ease recession fears in the U.S., prompting investors to scale back expectations for aggressive monetary policy easing by the Federal Reserve. This shift has supported a continued rise in U.S. Treasury yields, further weighing on demand for the non-interest-bearing yellow metal. ⭐️Personal comments NOVA: Downtrend, bears continue to put downward pressure on the market, heading towards the 3100 price zone ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3198- 3200 SL 3205 TP1: $3190 TP2: $3180 TP3: $3170 🔥BUY GOLD zone: $3101 - $3099 SL $3094 TP1: $3110 TP2: $3120 TP3: $3130 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
1
H4 frame accumulation 2 trend lines✍️ NOVA hello everyone, Let's comment on gold price next week from 05/12/2025 - 05/16/2025 🔥 World situation: Gold prices advanced over 1% on Friday, rebounding as the US Dollar (USD) softened following a two-day winning streak, pressured by declining US Treasury yields. Renewed risk-off sentiment, fueled by persistent geopolitical tensions, bolstered demand for the safe-haven metal. At the time of writing, XAU/USD is trading near $3,338. US equity markets slipped as investors adopted a cautious stance ahead of Saturday’s high-stakes meeting between US and Chinese delegations in Switzerland. While hopes for a de-escalation in trade tensions remain elevated, uncertainty continues to dominate sentiment. Adding to the volatility, US President Donald Trump reignited trade concerns by stating on social media, “80% Tariff on China seems right! Up to Scott B.” 🔥 Identify: Gold prices slow down, starting to accumulate more. Trade negotiations will appear more, putting selling pressure on gold prices in the near future. 🔥 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: $3402, $3435 Support : $3282, $3203 🔥 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
OANDA:XAUUSDShort
by Nova-Scalper
2
bullish momentum, accumulating around 3400⭐️GOLDEN INFORMATION: Gold price (XAU/USD) regained strong upward momentum during the Asian session on Thursday, rebounding sharply above the $3,400 level in the past hour and recovering much of its overnight pullback from a two-week high. The renewed demand for the safe-haven metal comes as US President Donald Trump downplayed expectations of an imminent resolution to the US-China trade dispute, stating he feels "no rush" to finalize an agreement. Heightened geopolitical tensions—including the ongoing Russia-Ukraine war, instability in the Middle East, and escalating military friction between India and Pakistan—further support gold's appeal as a defensive asset. ⭐️Personal comments NOVA: Gold price continues to recover well around 3400, FED's speech is quite moderate, predicted early by investors, the market is positive in the recovery trend this week ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3438- 3440 SL 3445 TP1: $3425 TP2: $3410 TP3: $3395 🔥BUY GOLD zone: $3352 - $3350 SL $3345 TP1: $3365 TP2: $3380 TP3: $3400 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
2
Sideway range, gold price accumulates below 3302⭐️GOLDEN INFORMATION: Gold price (XAU/USD) kicked off the week on a positive note, rising toward the $3,271 level during Monday’s Asian session as a blend of geopolitical and economic concerns fueled demand for the safe-haven asset. The prolonged Russia-Ukraine conflict, coupled with renewed tensions in the Middle East, continues to elevate global risk sentiment. Meanwhile, lingering uncertainty surrounding US President Donald Trump's tariff agenda has added to investor caution, further supporting the appeal of gold as a hedge in times of instability. ⭐️Personal comments NOVA: Gold price continues to accumulate, low amplitude at the beginning of the week, waiting for the most important interest rate information this week ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3302- 3304 SL 3309 TP1: $3290 TP2: $3280 TP3: $3270 🔥BUY GOLD zone: $3204 - $3206 SL $3199 TP1: $3215 TP2: $3224 TP3: $3240 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
1
NF fluctuates in a downward trend⭐️GOLDEN INFORMATION: China’s Ministry of Commerce announced Friday that the United States has recently initiated communication through official channels, expressing interest in reopening talks on tariffs. Beijing is currently evaluating the proposal, fueling optimism that a resolution to the prolonged tariff standoff between the world’s two largest economies may be on the horizon. This renewed hope for a breakthrough in trade negotiations helped lift the US Dollar to a three-week high on Thursday, pressuring Gold prices down toward the $3,200 mark. However, bullish momentum for the USD remains tempered as markets increasingly price in the likelihood of more aggressive rate cuts by the Federal Reserve, especially with the closely watched US Nonfarm Payrolls data looming. ⭐️Personal comments NOVA: NF news volatility is certain, with the big accumulation from last week. Gold price has confirmed the trend after breaking 3267, will fluctuate in a downtrend below 3200 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3312- 3310 SL 3317 TP1: $3290 TP2: $3280 TP3: $3270 🔥BUY GOLD zone: $3175 - $3177 SL $3170 TP1: $3185 TP2: $3200 TP3: $3210 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
3
Gold price weakens, correction 3176⭐️GOLDEN INFORMATION: Gold’s intraday decline appears partly driven by technical selling pressure after decisively breaking below the key $3,265–$3,260 support zone. However, the US Dollar (USD) struggles to sustain any significant recovery as expectations grow for more aggressive Federal Reserve (Fed) rate cuts—fueled by an unexpected contraction in US GDP and signs of softening inflation. These factors may continue to support demand for the non-yielding precious metal, suggesting that traders should remain cautious before anticipating a deeper pullback from the recent all-time high near $3,500. ⭐️Personal comments NOVA: Crossing the 3264 mark in the sideways price zone, gold prices continue to weaken. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3270- 3272 SL 3277 TP1: $3260 TP2: $3250 TP3: $3240 🔥BUY GOLD zone: $3178 - $3176 SL $3171 TP1: $3185 TP2: $3200 TP3: $3210 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
4
continue to accumulate, gold price waiting for NF⭐️GOLDEN INFORMATION: Gold price (XAU/USD) continues its downward trajectory, slipping toward $3,315 during early Asian trading on Wednesday as improving global risk sentiment and signs of easing trade tensions weigh on demand for the safe-haven asset. Market participants remain cautious ahead of key US economic data releases, including the ADP Employment Change, the Core PCE Price Index, and the preliminary Q1 GDP figures, all scheduled for later in the day. Meanwhile, US President Donald Trump is reportedly aiming to reduce the overall impact of automotive tariffs by avoiding cumulative duties on foreign vehicles and loosening restrictions on imported parts used in domestic production. Treasury Secretary Scott Bessent added that major trade partners have made “very good” proposals to avert further US tariffs. Furthermore, exemptions on select US goods from retaliatory duties suggest a growing intent to de-escalate ongoing trade disputes. ⭐️Personal comments NOVA: Gold price maintains accumulation range of 3265 - 3360, temporary stability awaits big fluctuations ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3368- 3370 SL 3375 TP1: $3350 TP2: $3340 TP3: $3330 🔥BUY GOLD zone: $3264 - $3262 SL $3257 TP1: $3280 TP2: $3300 TP3: $3318 🔥BUY GOLD zone: $3285 - $3283 SL $3280 scalping TP1: $3290 TP2: $3295 TP3: $3300 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
4
What is gold waiting for? Stuck in the 3300 area⭐️GOLDEN INFORMATION: Gold price (XAU/USD) fails to build on Monday’s rebound from the key $3,265–$3,260 support zone, encountering renewed selling pressure during the Asian session on Tuesday. Although signals from the US and China remain mixed, investor sentiment remains buoyed by hopes of a potential easing in trade tensions between the world’s two largest economies. Additionally, signs of advancement in tariff negotiations have further bolstered optimism, dampening the appeal of the safe-haven metal. ⭐️Personal comments NOVA: Gold price needs to be boosted by economic news to break out of the sideways price range around 3300, continue to wait today around 3300 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3366- 3368 SL 3373 TP1: $3350 TP2: $3340 TP3: $3330 🔥BUY GOLD zone: $3267 - $3265 SL $3260 TP1: $3280 TP2: $3300 TP3: $3318 🔥BUY GOLD zone: $3301 - $3299 SL $3296 scalping TP1: $3305 TP2: $3310 TP3: $3320 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
4
H4 downtrend line, gold price cools down✍️ NOVA hello everyone, Let's comment on gold price next week from 04/28/2025 - 05/02/2025 🔥 World situation: Gold prices reversed course on Friday, wiping out Thursday’s gains and slipping below the $3,300 threshold, as persistent US Dollar strength weighed heavily on the precious metal despite declining US Treasury yields. The easing of tensions in the US-China trade dispute further pressured bullion, with XAU/USD trading around $3,294, down more than 1.6%. Market sentiment remains fragile, swinging sharply between risk-on and risk-off modes in response to comments from US President Donald Trump. Earlier, Bloomberg reported that China was considering tariff exemptions on some US goods, sparking optimism. However, the mood soured after Trump asserted that he would not lift tariffs on China without significant concessions. 🔥 Identify: News about Russia-Ukraine peace talks this weekend will continue to put selling pressure on gold prices next week. Moving along the downtrend line H4 🔥 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: $3357, $3498 Support : $3228, $3155 🔥 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
OANDA:XAUUSDShort
by Nova-Scalper
3
Gold price stabilized again, trading around 3300⭐️GOLDEN INFORMATION: Gold price (XAU/USD) found fresh buying interest during the Asian session on Wednesday, pausing its pullback from the previous day’s record high near $3,500. Attempts by the US Dollar (USD) to rebound from multi-year lows faltered, as investor confidence in the US economic outlook continues to erode amid President Donald Trump’s erratic tariff policy shifts. Additionally, growing expectations of more aggressive monetary easing by the Federal Reserve (Fed) have triggered renewed selling pressure on the greenback. This, in turn, has reinforced demand for the non-yielding yellow metal, helping gold regain upward momentum as investors seek shelter from mounting economic and policy uncertainty. ⭐️Personal comments NOVA: The slowdown and downward adjustment of gold are inevitable. Profit-taking psychology and cooling news of tariffs and Russia-Ukraine military forces caused gold prices to fall. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3410- 3412 SL 3417 TP1: $3390 TP2: $3380 TP3: $3370 🔥BUY GOLD zone: $3281 - $3283 SL $3276 TP1: $3290 TP2: $3300 TP3: $3315 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
2
Bulls recover, gold prices grow OLD ATH ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) climbs modestly toward the $3,080 mark during early Asian trading on Wednesday, buoyed by renewed safe-haven demand as trade tensions between the United States and China intensify. In a fresh move, US President Donald Trump announced a 90-day delay on new tariffs—set at 10%—for most US trading partners to allow space for negotiations. However, he simultaneously escalated trade friction with Beijing, raising tariffs on Chinese imports to a staggering 125% “effective immediately,” citing China's "lack of respect for global markets." ⭐️Personal comments NOVA: The rapid recovery and large fluctuations of gold prices show that the impact of Trump's 90-day tariff postponement news is very strong. The price zone of 3135 and 3167 will be under great selling pressure. There is not much momentum for gold prices to create new ATHs. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3164- 3167 SL 3171 TP1: $3150 TP2: $3140 TP3: $3130 🔥BUY GOLD zone: $3074 - $3076 SL $3069 TP1: $3090 TP2: $3105 TP3: $3123 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
5
Gold price accumulates below 3038, waiting for FOMC information⭐️GOLDEN INFORMATION: Gold prices break a three-day losing streak but remain capped below the key $3,000 level, as rising US Treasury yields dampen the appeal of the non-interest-bearing metal. Despite optimism surrounding potential trade agreements among global partners, lingering tensions in the ongoing US–China trade conflict continue to keep investors on edge. At the time of writing, XAU/USD is trading flat around $2,980 per troy ounce. ⭐️Personal comments NOVA: Gold price moves with large amplitude, in a downward correction phase. Continues to trade below 3040 waiting for the FED's move on interest rates and agreements on tariff levels of countries around the world. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3038 - 3040 SL 3045 TP1: $3028 TP2: $3015 TP3: $3000 🔥BUY GOLD zone: $2958 - $2960 SL $2953 TP1: $2975 TP2: $2990 TP3: $3010 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
1
Gold prices cool after tariff announcement⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) surged to a new all-time high during the Asian session on Thursday as investors flocked to safe-haven assets amid heightened risk aversion. Market sentiment took a sharp downturn after US President Donald Trump unveiled sweeping reciprocal tariffs on Wednesday evening, igniting fears of a global economic slowdown and a potential US recession. The announcement triggered a broad sell-off in equity markets, reinforcing the risk-off mood and further fueling demand for gold as a traditional store of value. ⭐️Personal comments NOVA: Gold hits 3167 peak, buying pressure gradually decreases. Adjustment waiting for new moves from other countries on Trump's tariff policy ⭐️SET UP GOLD PRICE: 🔥 SELL 3165 - 3168 SL 3172 TP1: $3160 TP2: $3150 TP3: $3140 🔥BUY GOLD zone: $3108 - $3110 SL $3103 TP1: $3115 TP2: $3130 TP3: $3140 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
7
Gold short term recovery - downtrend⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) start the week on a strong footing, rebounding further from Friday’s three-week low near $2,833–2,832. Despite US inflation data aligning with expectations, traders remain confident that the Federal Reserve will implement two quarter-point rate cuts by year-end. Additionally, renewed selling pressure on the US Dollar supports the appeal of the non-yielding yellow metal. ⭐️Personal comments NOVA: Gold price recovers in short term, sellers are dominating, retesting liquidity zone 2883 ⭐️SET UP GOLD PRICE: 🔥 BUY GOLD zone: $2832 - $2834 SL $2827 TP1: $2840 TP2: $2850 TP3: $2960 🔥 SELL GOLD zone: $2883 - $2885 SL $2890 TP1: $2875 TP2: $2868 TP3: $2860 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
1
Downward momentum, downtrend next week, XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 03/3/2025 - 03/07/2025 🔥 World situation: US President Donald Trump confirmed that 25% tariffs on Mexican and Canadian goods will take effect next week on March 4. Meanwhile, the Fed’s preferred inflation gauge, the Core PCE Price Index, signaled continued progress toward the central bank’s 2% target. Following the data, expectations for further Fed policy easing grew. According to Prime Market Terminal, the Fed is anticipated to cut rates by 70 basis points this year, with investors betting on the first reduction in June. 🔥 Identify: Breaking the trend, gold continues to maintain a downtrend 🔥 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: $2876, $2903, $2956 Support : $2810, $2773 🔥 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
OANDA:XAUUSDShort
by Nova-Scalper
3
SCALPING ! XAU , waiting for entry SELL 2928 , TRENDLINE⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Richmond Fed President Thomas Barkin said Tuesday he will take a wait-and-see approach on interest rates until there's clear evidence that inflation is returning to the Fed's 2% target. Dallas Fed President Lorie Logan suggested that, in the medium term, the Fed should focus on buying more short-term securities to better align its portfolio with Treasury issuance, according to Bloomberg. ⭐️ Personal comments NOVA: Gold price is still moving in the H1 downtrend line, the price zone is correcting and accumulating above 2900. ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2928 - $2930 SL $2933 scalping TP1: $2924 TP2: $2920 TP3: $2915 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
1
Bears return - pushing prices down at the end of the week⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) hovers near its all-time high after hitting a new peak in early European trading on Thursday. The surge follows US President Donald Trump's comments suggesting a potential trade deal with China. At the same time, geopolitical tensions rise as Trump claims Ukraine initiated the war with Russia and hints at repayment for US financial aid. Meanwhile, the Federal Reserve's January meeting minutes had little market impact, with only a few FOMC members favoring steady rates. Expectations for a possible rate cut in June remain intact. ⭐️ Personal comments NOVA: Gold price moves within the H1 trend line in the Asian session at the end of the week, selling pressure creates market liquidity, pay attention to important support zones: 2919, 2906 ⭐️ SET UP GOLD PRICE: 🔥 BUY GOLD zone: $2919 - $2921 SL $2916 scalping TP1: $2924 TP2: $2928 TP3: $2935 🔥 BUY GOLD zone: $2905 - $2907 SL $2900 TP1: $2915 TP2: $2922 TP3: $2930 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
5
Attempt to find ATH again for the 3rd time - gold price down⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: US real yields, which move inversely to gold prices, rose 4.5 basis points to 2.086%, putting pressure on bullion. Fed Governor Christopher Waller expects President Donald Trump's new trade restrictions to have only a minor effect on prices. Meanwhile, Philadelphia Fed President Patrick Harker reiterated his support for steady interest rates, noting that inflation remains high and persistent. ⭐️ Personal comments NOVA: Gold returns to ATH 294x zone, 3rd attempt to create ATH but will continue to decrease, need more tax news in the near future ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2942 - $2944 SL $2949 TP1: $2935 TP2: $2920 TP3: $2910 🔥 BUY GOLD zone: $2901 - $2899 SL $2894 TP1: $2906 TP2: $2915 TP3: $2925 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
6
Correction down - gold under selling pressure⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The World Gold Council (WGC) reported that central banks bought over 1,000 tons of gold for the third year in a row in 2024. After Trump's election win, central bank gold purchases jumped by more than 54% year-over-year, reaching 333 tons, according to WGC data. Meanwhile, futures on money market Fed funds rates suggest the Federal Reserve is expected to cut rates by 38.5 basis points in 2025. ⭐️ Personal comments NOVA: Gold price recovered to the h1 trendline area, will continue to be under selling pressure, trading below 2900 ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2923 - $2925 SL $2930 TP1: $2918 TP2: $2910 TP3: $2900 🔥 BUY GOLD zone: $2855 - $2857 SL $2850 TP1: $2862 TP2: $2870 TP3: $2880 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
10
Gold short term recovery, bulls try⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: US real yields, which typically move opposite to gold prices, fell by four basis points to 2.039%, providing support for XAU/USD. Meanwhile, the World Gold Council (WGC) reported that central banks acquired over 1,000 tons of gold for the third year in a row in 2024. Following Trump’s election victory, central bank purchases soared by more than 54% year-over-year, reaching 333 tons, according to WGC data. ⭐️ Personal comments NOVA: Short recovery at the beginning of the week, still in the accumulation process, no important news, gold is not affected too much ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2916 - $2918 SL $2921 scalping TP1: $2912 TP2: $2907 TP3: $2900 🔥 SELL GOLD zone: $2940 - $2942 SL $2947 TP1: $2930 TP2: $2920 TP3: $2910 🔥 BUY GOLD zone: $2878 - $2880 SL $2873 TP1: $2885 TP2: $2892 TP3: $2900 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
2