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new peak 3520, waiting for gold price to touch⭐️GOLDEN INFORMATION: Gold prices extended their record-breaking surge on Tuesday, soaring past the $3,450 mark during the Asian session as investors sought refuge in the traditional safe-haven asset amid mounting fears of a US recession and broader financial market volatility. Persistent concerns over the economic outlook and waning confidence in the US Dollar (USD) have continued to drive demand for the USD-denominated precious metal. The greenback remains under pressure, further amplifying gold's appeal. Adding to the uncertainty, US President Donald Trump once again criticized Federal Reserve Chairman Jerome Powell, stoking fears about the central bank’s independence. Reports suggesting the administration explored legal avenues to potentially remove Powell have only deepened market unease, boosting the allure of gold as a hedge against policy and economic instability. ⭐️Personal comments NOVA: Fomo price increase, trade tension, gold price benefits ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3519- 3521 SL 3526 TP1: $3505 TP2: $3490 TP3: $3465 🔥BUY GOLD zone: $3403 - $3405 SL $3398 TP1: $3415 TP2: $3430 TP3: $3445 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
6
surpassing the old peak, gold price will reach above 3400 soon⭐️GOLDEN INFORMATION: Gold price (XAU/USD) resumes its upward momentum, climbing to a fresh all-time high around $3,375 during Monday’s early Asian session, as markets reopen following the extended holiday weekend. The surge comes amid renewed investor appetite for safe-haven assets, fueled by ongoing geopolitical tensions and lingering uncertainty surrounding US President Donald Trump’s aggressive tariff agenda. With fears mounting over the broader economic fallout from escalating trade conflicts, gold has soared over 25% year-to-date. “In today’s environment of intensifying tariff ambiguity, slowing global growth, sticky inflation, and rising geopolitical risks, the strategic case for increasing gold exposure has never been stronger,” noted analysts at UBS, emphasizing a shift toward diversification away from US assets and the US Dollar. ⭐️Personal comments NOVA: Big increase, gold price continues to rise thanks to tariff momentum ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3404- 3406 SL 3409 scalping TP1: $3395 TP2: $3380 TP3: $3370 🔥SELL GOLD zone : 3415- 3417 SL 3422 TP1: $3405 TP2: $3390 TP3: $3370 🔥BUY GOLD zone: $3357 - $3355 SL $3350 TP1: $3365 TP2: $3380 TP3: $3405 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
3
Gold bull cycle continues, 3400✍️ NOVA hello everyone, Let's comment on gold price next week from 04/21/2025 - 04/25/2025 🔥 World situation: Gold prices are poised to close the week on a strong footing, gaining over 2.79% as the precious metal surged nearly $90 amid continued US Dollar (USD) weakness driven by lingering global trade uncertainties. At the time of writing, XAU/USD is trading around $3,326. Despite touching a fresh all-time high of $3,358, the rally has cooled slightly as traders lock in profits ahead of the extended Easter weekend, with both European and US markets closed. Meanwhile, real yields have ticked higher, offering a modest headwind. On the policy front, San Francisco Fed President Mary Daly noted that the US economy remains resilient, though some segments are showing signs of slowing. She emphasized that monetary policy is still restrictive enough to keep inflation in check, while also suggesting that neutral rates could be on the rise. 🔥 Identify: Gold price is still in a big uptrend, short-term corrections only make gold price accumulate more and continue to reach new ATH, tariffs are tense, gold price continues to increase strongly: 3382, 3400 🔥 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, $3382, $3400 Support : $3284, $3236, $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:XAUUSDLong
by Nova-Scalper
2
3382 , next ATH number today, GOLD⭐️GOLDEN INFORMATION: Gold price (XAU/USD) enters a phase of consolidation on Thursday, trading within a narrow range near its all-time high reached during the Asian session, as investors digest conflicting market signals. Stronger-than-expected US Retail Sales figures and hawkish remarks from Federal Reserve (Fed) Chair Jerome Powell have lent support to the US Dollar (USD), curbing some of gold’s upside momentum. Meanwhile, the upbeat sentiment across equity markets and mildly overbought technical conditions are prompting traders to remain cautious, limiting fresh buying interest in the precious metal for now. ⭐️Personal comments NOVA: Gold price continues to increase today, the fomo still has no end, pay attention to the new ATH price zone 3382 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3381- 3383 SL 3388 TP1: $3370 TP2: $3355 TP3: $3333 🔥BUY GOLD zone: $3302 - $3300 SL $3295 TP1: $3310 TP2: $3320 TP3: $3330 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
4
continue to grow, conquer new ATH, XAU⭐️GOLDEN INFORMATION: US economic data delivered mixed signals. Import prices stayed subdued, while the New York Fed Manufacturing Index outperformed expectations, with several internal components also showing strength. However, inflationary pressures resurfaced as prices paid climbed back into expansionary territory, and the six-month business outlook showed signs of weakening. Looking ahead, gold traders will closely monitor March Retail Sales and remarks from several Federal Reserve officials, particularly Fed Chair Jerome Powell’s speech on Wednesday. Additional focus will be on upcoming housing figures and weekly Initial Jobless Claims to gauge the broader economic landscape. ⭐️Personal comments NOVA: After accumulating at the beginning of the week, gold price started to grow strongly reaching 3275 and will continue to move towards the new ATH zone. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3288- 3290 SL 3295 TP1: $3270 TP2: $3250 TP3: $3235 🔥BUY GOLD zone: $3167 - $3165 SL $3160 TP1: $3180 TP2: $3200 TP3: $3220 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
4
sideway, keep waiting for new ATH 3271⭐️GOLDEN INFORMATION: The US Dollar (USD) continues to face headwinds, failing to mount a meaningful rebound from its lowest level since April 2022, hit last Friday. Lingering concerns over the economic consequences of sweeping tariffs have fueled recession fears, while growing expectations that the Federal Reserve (Fed) will soon restart its rate-cutting cycle keep USD bulls on the back foot. This environment continues to favor the non-yielding Gold, offering support to XAU/USD. However, a temporary tariff reprieve announced by President Trump has helped lift overall market sentiment, potentially limiting further gains in bullion. ⭐️Personal comments NOVA: No news at the beginning of the week, gold price is sideways waiting for price increase and continue to create new ATH ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3271- 3273 SL 3277 TP1: $3260 TP2: $3250 TP3: $3240 🔥SELL GOLD zone : 3244- 3246 SL 3250 scalping TP1: $3240 TP2: $3230 TP3: $3220 🔥BUY GOLD zone: $3189 - $3187 SL $3182 TP1: $3195 TP2: $3210 TP3: $3225 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
2
UPDATE: Gold target on the way to 3,337 Since we posted the analysis on Gold - it smashed through the psychological $3,000 level and has been rallying since. We did have the normal correction where liquidity was tested at $3,000, but clearly there was more buying than selling. Now, we can expect gold to continue up for a number of reasons. 🏆 Why Gold Is Rising (and Could Climb More) 1. ⚔️ Geopolitical Tensions Middle East conflict and global unrest drive safe-haven demand. 2. 💵 Weaker Dollar Boosts Gold A falling U.S. dollar makes gold cheaper for global buyers. 3. 📉 Lower Real Yields If bond yields drop or inflation stays high, gold becomes more attractive. 4. 🏦 Fed Rate Cut Hopes Traders expect the Fed to cut rates later this year, lifting gold prices. 5. 🛡️ Central Bank Buying Global central banks are loading up on gold to diversify reserves. ANd technically, we had the restest and now it's on the way back to the $3,3337 what a power number. Your thoughts? Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATIONSB:XAUUSDLong
by Timonrosso
keep aiming for new ATH next week✍️ NOVA hello everyone, Let's comment on gold price next week from 04/14/2025 - 04/18/2025 🔥 World situation: Gold extended its remarkable rally for a third consecutive session on Friday, surging to a fresh record high of $3,245 amid intensifying US–China trade tensions. The precious metal posted impressive gains of over 2% as fears of a prolonged trade war and its potential fallout on the global economy sent investors flocking to safe-haven assets. At the time of writing, XAU/USD is trading around $3,233. The North American session saw China retaliate with a 125% tariff on US imports, following President Donald Trump’s move to raise tariffs on Chinese goods to 145%. The heightened geopolitical strain triggered a flight to safety, propelling Gold higher. Further fueling the rally was a sharp decline in the US Dollar, which tumbled to a near three-year low, with the US Dollar Index (DXY) falling to 99.01. 🔥 Identify: The huge growth shows no signs of stopping, gold prices continue to benefit from tariff policies, continue to find new ATH early next week 🔥 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: $3255, $3280 Support : $3157, $3070 🔥 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:XAUUSDLong
by Nova-Scalper
1
growth - new ATH - gold hits 3246⭐️GOLDEN INFORMATION: Trump announced Wednesday that tariffs would be temporarily reduced for dozens of countries, offering a short-term reprieve. However, he simultaneously hiked tariffs on Chinese imports to 125% with immediate effect, following Beijing’s retaliatory move to impose 84% duties on US goods. The escalating trade conflict between the world’s two largest economies has reignited concerns over global growth, prompting investors to seek refuge in safe-haven assets like Gold. “Gold is reclaiming its safe-haven status and appears poised to chart fresh all-time highs,” said Nikos Tzabouras, Senior Market Analyst. Meanwhile, scaled-back expectations for aggressive Federal Reserve rate cuts could lend support to the US Dollar, potentially limiting gains for the USD-priced metal. That said, traders still anticipate the Fed will begin easing in June, with markets pricing in a full percentage point of rate reductions by year-end. ⭐️Personal comments NOVA: Gold price continues to increase greatly, the fomo market and attention are focused on the gold investment channel: safe, continue to find new ATH zones ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3245- 3247 SL 3252 TP1: $3230 TP2: $3210 TP3: $3190 🔥BUY GOLD zone: $3168 - $3166 SL $3163 scalping TP1: $3175 TP2: $3183 TP3: $3190 🔥BUY GOLD zone: $3134 - $3132 SL $3127 TP1: $3145 TP2: $3160 TP3: $3175 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
1
XAUUSD AnalysisCurrent Price: $3,148.890 Support Zone: $3,145 - $3,148 (Price has respected this level multiple times.) Resistance Levels: First Target: $3,155 Second Target: $3,165 - $3,170 Demand Zone Holding: The purple zone represents a demand area where buyers are stepping in. Potential Breakout: If price holds above $3,145, it could continue its bullish trend. Sine Wave Indicator: Suggests that Gold is currently at a cyclical low, indicating a possible upward move. Volume Analysis: Increasing bullish volume supports the case for an upside move. ✅ Bullish Entry: $3,147 - $3,148 (Confirmation needed.) 🎯 Target: $3,155 - $3,170 🛑 Stop-Loss: Below $3,143 Bullish Bias Above $3,145 Potential Move Toward $3,165 - $3,170 Watch for a Breakout Confirmation
OANDA:XAUUSDLong
by xxChartWhizxx
Tariff highlights, gold price up or down ?⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) find support from dip-buyers during the Asian session on Wednesday, pausing the previous day’s pullback from a fresh record high. Investors continue to seek shelter in safe-haven assets amid uncertainty surrounding US President Donald Trump’s sweeping reciprocal tariffs and their potential repercussions on the global economy. Additionally, escalating geopolitical tensions provide further support for bullion. Mounting concerns over a potential US recession, coupled with growing expectations of additional Federal Reserve (Fed) rate cuts, fuel demand for the non-yielding yellow metal. ⭐️Personal comments NOVA: Gold price is still in a very stable uptrend, market tariff information waiting for the next price increase fomo ⭐️SET UP GOLD PRICE: 🔥 ATH : SELL 3173 - 3175 SL 3180 TP: 3165 - 3150 - 3140 🔥BUY GOLD zone: $3058 - $3060 SL $3053 TP1: $3070 TP2: $3080 TP3: $3090 🔥BUY GOLD zone: $3106 - $3108 SL $3103 scalping TP1: $3113 TP2: $3118 TP3: $3125 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
TVC:GOLDLong
by Nova-Scalper
1
New ATH , GOLD is comming 3173⭐️GOLDEN INFORMATION: US President Donald Trump dismissed expectations that the new tariffs would target only a select group of nations with the largest trade imbalances, declaring on Sunday that reciprocal tariffs would apply universally. This announcement, coupled with the existing 25% duties on steel, aluminum, and auto imports, has intensified fears of an escalating global trade war. Additionally, investors are increasingly convinced that the economic slowdown triggered by these tariffs will pressure the Federal Reserve (Fed) to resume rate cuts, despite persistent inflation concerns. As a result, Gold has surged to a fresh record high, marking its strongest quarterly performance since 1986. ⭐️Personal comments NOVA: The backdrop of everything from technical to political and economic is supporting the increase in gold prices in the first quarter of 2025. Gold prices have the highest growth in history. ⭐️SET UP GOLD PRICE: 🔥 ATH : SELL 3162 - 3164 SL 3169 TP: 3155 - 3140 - 3127 🔥BUY GOLD zone: $3093 - $3091 SL $3086 TP1: $3100 TP2: $3110 TP3: $3120 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
1
ATH 3127, continues to aim for big growth⭐️GOLDEN INFORMATION: Gold's record-breaking rally continues unchecked as buyers push prices past the $3,100 milestone for the first time ever. Mounting concerns over a potential global trade war and rising stagflation risks in the United States (US) have further fueled demand for the safe-haven metal, reinforcing its status as a store of value. A recent report from The Wall Street Journal (WSJ) suggests that US President Donald Trump may introduce even higher and broader reciprocal tariffs on April 2, known as “Liberation Day.” This prospect has sent fresh waves of risk aversion rippling through global markets, amplifying investor uncertainty. ⭐️Personal comments NOVA: Tariff pressure, fears of trade war outbreak in April. Gold price is growing continuously, expected to reach 3127 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $3126 - $3128 SL $3133 TP1: $3120 TP2: $3110 TP3: $3100 🔥BUY GOLD zone: $3092 - $3094 SL $3087 TP1: $3098 TP2: $3103 TP3: $3110 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
6
Reciprocal tariffs - gold continues to rise✍️ NOVA hello everyone, Let's comment on gold price next week from 03/31/2025 - 04/04/2025 🔥 World situation: Gold prices surged on Friday, reaching a new all-time high of $3,086 as uncertainty surrounding US trade policy and an uptick in the Federal Reserve's (Fed) preferred inflation gauge fueled demand for the safe-haven metal. Following this, market sentiment suggests growing confidence that the Fed will implement two rate cuts in 2025. At the time of writing, XAU/USD trades at $3,079, up 0.79%. Investor sentiment remains cautious as markets brace for April 2, dubbed “Liberation Day” by US President Donald Trump, who has signed an executive order imposing a 25% tariff on all imported automobiles. This move has sparked global reactions, particularly from Canada and the European Union (EU), both of which are preparing retaliatory measures in response to the tariffs. 🔥 Identify: Gold price moves up, early April will continue to explode to NEW Ath 🔥 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: $3100, $3132, $3150 Support : $3002, $2957 🔥 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:XAUUSDLong
by Nova-Scalper
3
Safe Haven Demand - Gold Makes New ATH 3089⭐️GOLDEN INFORMATION: This triggered swift responses from global leaders, with Canada and the European Union (EU) vowing to retaliate against President Trump’s trade measures. In the US, the labor market remains resilient, as reflected in the latest unemployment claims report, while the economy continues to show strength following the release of fourth-quarter 2024 Gross Domestic Product (GDP) data. Although housing data saw some improvement, it confirmed the broader slowdown in the sector. Meanwhile, money markets have factored in 64.5 basis points of Federal Reserve rate cuts for 2025, according to interest rate probabilities from Prime Market Terminal. ⭐️Personal comments NOVA: growth, gold becomes a safe haven investment channel. continue to create new ATH ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $3088 - $3090 SL $3095 TP1: $3080 TP2: $3070 TP3: $3060 🔥BUY GOLD zone: SCALPING: 3066, 3057 🔥BUY GOLD zone: $3034 - $3032 SL $3027 TP1: $3040 TP2: $3050 TP3: $3060 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
4
breakout - gold price rebounds 3045⭐️GOLDEN INFORMATION: Gold prices remained stagnant late in the North American session, constrained by a rebound in the US Dollar Index (DXY), which initially dipped to 104.18 before recovering. The turnaround came after the White House confirmed that President Donald Trump would unveil new automobile tariffs around 22:00 GMT. As of writing, XAU/USD is trading at $3,019, showing little change. Despite reports from The Wall Street Journal suggesting that Trump may introduce limited tariff measures, including on automobiles, bullion traders struggled to find momentum. Meanwhile, the DXY, which measures the Greenback against a basket of six major currencies, climbed 0.32% to 104.55, further weighing on gold’s appeal. ⭐️Personal comments NOVA: Gold price recovers, breakout of H1 frame. With the latest 25% car tax policy, gold price reacts strongly and increases again. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $3045 - $3047 SL $3052 TP1: $3038 TP2: $3030 TP3: $3020 🔥BUY GOLD zone: $3023 - $3021 SL $3016 TP1: $3030 TP2: $3040 TP3: $3057 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
1
trendline H1, gold price follows the main trend of increasing⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) consolidates near its record high from the Asian session on Friday, trading within a narrow range. Investor concerns over President Donald Trump's aggressive trade policies and their potential global economic impact sustain demand for the safe-haven metal. Additionally, growing expectations of further monetary easing by the Federal Reserve (Fed) provide additional support to the non-yielding bullion. ⭐️Personal comments NOVA: Sideway and accumulation continue the uptrend back to the $3000 price zone ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $3021 - $3023 SL $3028 TP1: $3010 TP2: $3000 TP3: $2990 🔥BUY GOLD zone: $2940 - $2942 SL $2935 TP1: $2950 TP2: $2960 TP3: $2970 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
1
Gold BREAKS $3,000 with the next target to $3,337What a year it's been for gold and it's only MARCH! Once again, Gold proves to be the safe, safer and SAFEST haven of all markets and stands the test of time. With the psychological price breaking above $3,000 - this is unprecedented. Here are some reasons why Gold is going up and it should go up further from here. FUNDAMENTAL REASONS FOR GOLD UPSIDE: Global Unrest: Political instability in regions like Eastern Europe is nudging investors to turn to gold as a safe haven. 🔥🌍 US Policy Shifts: Uncertainty over US monetary policy and potential interest rate changes is steering more money into gold. 🏦🤔 Emerging Market Struggles: Rising debt and capital outflows in emerging markets are driving both governments and investors to bolster their gold reserves. 📉🌐 Trade Tensions: Ongoing trade disputes between major economies are adding market uncertainty, making gold an attractive refuge. ⚖️💼 Central Bank Moves: Several central banks are diversifying their reserves by purchasing more gold, reinforcing its long-term appeal. 🏛️💹 TECHNICALS Are screaming a BUY! Rounding Bottom pattern has formed and within it is a Cup and Handle Cup and Handle Price> 20 and 200MA which is a big one. Target $3,337 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATIONSB:XAUUSDLong
by Timonrosso
New ATH will continue to form 3022 ! XAU ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) consolidates near its record high from the Asian session on Friday, trading within a narrow range. Investor concerns over President Donald Trump's aggressive trade policies and their potential global economic impact sustain demand for the safe-haven metal. Additionally, growing expectations of further monetary easing by the Federal Reserve (Fed) provide additional support to the non-yielding bullion. ⭐️Personal comments NOVA: The price trend is up, pay attention to the new ATH price zone 3022 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $3006 - $3008 SL $3011 scalping TP1: $3000 TP2: $2995 TP3: $2990 🔥SELL GOLD zone: $3021 - $3023 SL $3028 TP1: $3015 TP2: $3000 TP3: $2980 🔥BUY GOLD zone: $2958 - $2956 SL $2951 TP1: $2965 TP2: $2977 TP3: $2990 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
2