Gold price tends to decrease - sellers try to prevail⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices rebounded from multi-day lows on Wednesday but stayed under the $2,500 mark as the US Dollar gained strength. Despite this, ongoing geopolitical tensions and expected Fed rate cuts could support gold in the near term.
Later in the day, the release of JOLTS Job Openings and the Fed's Beige Book will be closely watched. Investors are eagerly awaiting Friday's US August Nonfarm Payrolls report, which could influence the Fed's rate decisions in September. A weaker-than-expected report might heighten recession fears and prompt faster rate cuts, potentially boosting gold further as lower rates make it more attractive.
⭐️ Personal comments NOVA:
Gold broke 2500, fell back to 2470 after yesterday's PMI news, moving in the short-term H1 downtrend.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2462 - $2460 SL $2455
TP1: $2470
TP2: $2480
TP3: $2490
🔥SELL GOLD zone: $2505 - $2507 SL $2510 scalping
TP1: $2500
TP2: $2495
TP3: $2490
🔥SELL GOLD zone: $2513 - $2515 SL $2520
TP1: $2500
TP2: $2485
TP3: $2470
⭐️ 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
Shortposition
FANTOM (FTMUSDT) Short trade setup in 4H Time frameFANTOM (FTMUSDT) Short trade setup in 4H Time frame
Short entry at $0.4513
Profit target of $0.4 reached
Target 2: $0.3169
Target 3: $0.2338
Target 4: $0.1825
Trailing stop loss: $0.4630
Good luck! and do follow to motivate me and support my work.
We are in SHORT UK100Team, this morning we were waiting patiently for the UK to hit our short position. We are now entering the short positon at 9394.60
STOP LOSS at 8420.10
Target 1 at 8378.60 once it hit the target, trail your stop loss toward the entry short position.
Take some partial profit
then target 2 8362.60
and then 8352.80
Gold Spot / U.S. Dollar | Short Position | 15mfor time being, we can take 15m sell position when there is a clear confirmation
15m : Took local inducement with 15m bearish confirmation
1m : OF mitigated with bearish confirmation , took bearish market order entry
Target :
15m sell-side lq spot
15m sell-side valid inducement point
Gold Spot / U.S. Dollar | Entry 2 : Short Position15m : Supply zone mitigated
1m : Took short position after 1m bearish confirmation
Note :
Enter any position only during kill zones
After the market enters a non-kill zone area, trail your stop loss to the entry point or the nearest mitigated order flow level
Gold Spot / U.S. Dollar | Selling Opportunity | 15m Time FrameDay Time Frame Analysis : Check the related idea tagged below.
15m: Wait for a buy-side liquidity sweep in any kill zone, then take a short position followed by a 1-minute bearish confirmation.
In the meantime, if there is any strong sell-side liquidity sweep in any kill zone, take a long position for the time being, followed by a 1-minute bullish confirmation.
SOLUSDT, Sat 03 Aug, Updated 3 !The Sol Price Action in Weekend!
There are many News on US Market Yesterday!
Today Is Saturday but the market is open and Trading!
What I see in Market of Sol till now, I expected:
We can have Long Position in NY Session (Maybe & Maybe)
But I looking for Big short Position; when the price will hit the "Buyside"
And when I get confirmation from BTC Price Action.
The BTC must hit its "Buyside" first.
There are few "FVG" `s sit on FIBO`s Levels.
Which FVG will be respected By Price?
Then We can get Big short Again!
Happy Weekend!
SOLUSDT, Thu 01 Aug, Updated 1!A new analysis on price action Solana!
In the daily candle, the price of Sol decreased from April 1 to April 13.
A sharp and relatively quick downward movement from the price of 203 to 112.
Then it went up and fell again to the price of 118 and from there it went up to 189 (May 21).
The price of 176 is the buy stop line, which was broken by this upward movement.
But it didn't reach the price of 192 (red FVG) and then it went down again.
Of course, after touching the price of 176, the price went down and continued until June 24.
It went up a bit and reached the price of 121 again (July 5) and the price went up until the 29th of July and the FVJ touched the upper red color.
It is the fourth day that the price has been bearish, an FVG has been formed between the second and fourth day.
Result:
Regardless of what levels of Fibonacci the price touches (32, 50 or 62%), but the price will definitely return to the FVG (between the second and fourth day) and you can get a good High profitably short!
This is not a buy or sell or trade offer, this is just an analysis and an idea!
SOLUSDT, Tue 16 Jul, Short Position!I saw In PM session, that The price crossed 50% Fib
And The EQL level was formed close to 50% Fib.
If you see the chart in 1 m TF, You can see the Market structure shift and i Enter at 161.737.
If its goes well down, The Target will be 142 (At least 151).
Lets see whats happen.
Good Luck
16:57