Nova-Scalper

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: The price of gold (XAU/USD) is experiencing a recovery due to the weakening of the US Dollar and a mixed market consolidation. This rebound is also supported by the recent rate cut by the People's Bank of China (PBoC) and negative economic data from China, which indicates that further stimulus may be needed....

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: The price of gold is facing difficulties in gaining momentum during the Asian session on Tuesday and remains close to its lowest level since June 6, which was reached the previous day. Although XAU/USD is managing to stay above $1,900 for now, there is still a bias towards bearish traders, indicating the...

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: Over the past week, global gold prices experienced a continued decline as both the US Dollar Index and 10-year Treasury yields saw consecutive increases for four weeks in a row. American consumers have started to feel more pressure when it comes to managing their finances and saving money due to the ongoing...

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: According to CME Group's preliminary data on gold futures markets, traders increased their open interest positions by approximately 2.3K contracts after experiencing four consecutive daily declines on Wednesday. However, the volume remained volatile and decreased by around 3.5K contracts, partially...

Nova-Scalper Updated 

NOVA hello everyone, Let's comment on gold price next week from August 14 to August 18, 23 World situation: After a series of positive news in the week for the dollar, the US economy has prospered, economic indicators are positive, which is the catalyst that causes gold prices to continuously decline. According to experts, it is forecasted that this week the...

Nova-Scalper

NOVA hello everyone, Let's comment on gold price next week from August 14 to August 18, 23 World situation: At the end of the last session on August 11, the European stock market recovered slightly, the economy was gradually stabilizing, the Ukraine war was gradually reduced by the EU's influence to focus on economic recovery. This is the bright spot for the...

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: After reaching its lowest point since July 7th, the price of gold is showing a modest recovery around the $1,911-$1,910 range during Friday's Asian session. It appears that the four-day losing streak has been halted for now. Currently, XAU/USD is trading in the $1,915-$1,916 region with a modest increase of...

Nova-Scalper

Smart investment, Strong finance GOLDEN INFORMATION: The Gold Price (XAU/USD) is recuperating after hitting its lowest point in a month, breaking a four-day downward trend. This shift comes as market sentiments reassess concerns regarding higher interest rates and geopolitical tensions surrounding China. In addition to these factors, the US Dollar's inability...

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: Risk sentiment has been the primary influencer thus far this week, with the US dollar continuing its positive momentum. Venture capital flows have remained dominant for two consecutive days, driven by concerns over China's growth and ongoing banking issues. The focus now shifts to the highly anticipated US...

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: The price of gold is experiencing selling pressure for the second consecutive day, resulting in a decline to a new daily low of approximately $1,931 during the Asian session. Despite this, the XAU/USD pair manages to stay above its lowest point in three and a half weeks, which was reached last Friday. The...

Nova-Scalper

Smart investment, Strong finance GOLDEN INFORMATION: Gold experienced a decline in value for the second consecutive session on Tuesday, primarily due to a decrease in open interest. This decline is expected to contribute towards a potential rebound in the near future. Currently, the $1900 range is presenting strong resistance and remains an important point of...

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: According to preliminary data from CME Group, traders in the gold futures market reduced their open interest positions by approximately 3.7K contracts on Thursday, continuing the downward trend that followed a small increase on Wednesday. Volume also declined by nearly 30K contracts, reversing two...

Nova-Scalper Updated 

OANDA:GBPJPY GBP/JPY retreats from intraday highs as it struggles to defend its first daily gain in four hours in the early London open hours on Monday, paying slightly near 181.00 by press time. With this, the GBP/JPY pair breaks through the 21-day Exponential Moving Average (EMA) barrier around 181.30. That said, bearish MACD signals and concerns about UK...

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: The price of gold (XAU/USD) gains strength as the latest United States Nonfarm Payrolls (NFP) report falls short of expectations. In July, the US labor market experienced a modest increase of 187K payrolls, which was slightly below the consensus forecast of 200K but marginally higher than June's figure of...

Nova-Scalper Updated 

OANDA:GBPJPY GBP/JPY collapses on a strong hint from Nikkei news that the BoJ will discuss a 0.5% cut to the 10-year JGB yield at its meeting on Friday. The article sent shockwaves around the Bank of Japan, whereby BOJ Governor Ueda recently announced that "there is still a gap to achieving the 2% inflation target in a sustainable way" and that unless their...

Nova-Scalper

Smart investment, Strong finance GOLDEN INFORMATION: The price of gold has recently experienced a downward trend, with predictions suggesting it may reach the $1900 mark. The increase in gold prices on Friday was accompanied by a decrease in open interest, indicating that further gains may not be likely at this time. If losses continue to escalate, it is...

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: Following an initial increase to the $1,946 range during Monday's Asian session, the price of gold experienced some selling pressure and dropped to a new daily low. Currently, XAU/USD is trading around the $1,940 area and appears to have momentarily halted its modest recovery from Friday's lowest level since...

Nova-Scalper Updated 

Smart investment, Strong finance GOLDEN INFORMATION: Ahead of the release of the United States employment report for June, the Gold Price (XAU/USD) exhibits a typical consolidation phase. In early Friday trading, it records a 0.10% increase, reaching around $1,935. This recovery comes after hitting a three-week low in the previous session. Apart from...