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
Buytrade
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
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
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
Bears maintain selling pressure, pressure below $3000⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) faces difficulty in securing strong momentum during Tuesday’s Asian session but remains above the key $3,000 level amid mixed market signals. The US Dollar (USD) sustains its recovery from a multi-month low, hovering near Monday’s three-week high. Additionally, improved risk sentiment—fueled by optimism surrounding a potential Russia-Ukraine peace deal, less disruptive US trade tariffs, and China’s stimulus measures—dampens demand for the safe-haven metal.
⭐️Personal comments NOVA:
Selling pressure from bears continues to cause gold prices to fall and sideways around 3000
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3038 - $3040 SL $3045
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $2992 - $2994 SL $2987
TP1: $3000
TP2: $3008
TP3: $3018
⭐️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
Start adjusting before April tariff policy ! XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 03/24/2025 - 03/28/2025
🔥 World situation:
Gold prices decline for the second consecutive day but remain on track to close the week in positive territory, despite a stronger US Dollar (USD) and profit-taking ahead of the weekend. XAU/USD is currently trading at $3,019, down 0.81%.
Market sentiment remains cautious, though US equities are paring earlier losses. Meanwhile, bullion stays on the defensive as the USD regains momentum, with the US Dollar Index (DXY) edging up to 104.05, marking a 0.24% increase.
🔥 Identify:
Gold prices are in a short-term downtrend in the H4 frame, adjusting at the end of March, accumulating before tax policies in early April 2025.
🔥 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: $3057, $3080
Support : $2982, $2910
🔥 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
When will the gold price adjust down?⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) enter a phase of bullish consolidation near their record high, as traders take a cautious stance ahead of the highly anticipated Federal Open Market Committee (FOMC) policy decision on Wednesday. The consensus widely expects the Federal Reserve (Fed) to maintain the federal funds rate within its current range of 4.25% to 4.50%. Consequently, market attention will be centered on the Fed’s updated economic projections and Chair Jerome Powell’s post-meeting remarks, which could offer crucial insights into the future trajectory of interest rate cuts. These developments will be instrumental in shaping US Dollar (USD) movements and influencing gold’s next directional move.
⭐️Personal comments NOVA:
continue to grow, long term uptrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3058 - $3060 SL $3065
TP1: $3050
TP2: $3040
TP3: $3030
🔥SELL GOLD zone: $3044 - $3046 SL $3049
TP1: $3040
TP2: $3030
TP3: $3020
🔥BUY GOLD zone: $3004 - $3002 SL $2997
TP1: $3010
TP2: $3020
TP3: $3030
⭐️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
Price target XAU ! ATH 3045
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) continue their upward trajectory for the second consecutive day, marking gains in five of the last six sessions and surging to a new all-time high near the $3,010 mark during Tuesday’s Asian session. Mounting uncertainty surrounding President Donald Trump’s trade tariffs, coupled with growing concerns of a US recession, has strengthened safe-haven demand for the precious metal. Additionally, escalating geopolitical tensions in the Middle East provide further support to bullion. Market expectations of additional Federal Reserve (Fed) rate cuts, reinforced by lackluster consumer spending data released on Monday, further bolster the appeal of the non-yielding yellow metal.
⭐️Personal comments NOVA:
move in the uptrend line, tariff
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3021 - $3023 SL $3026 scalping
TP1: $3017
TP2: $3010
TP3: $3003
🔥SELL GOLD zone: $3044 - $3046 SL $3051
TP1: $3035
TP2: $3020
TP3: $3000
🔥BUY GOLD zone: $3003 - $3001 SL $2996
TP1: $3009
TP2: $3015
TP3: $3023
⭐️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
continue to find new ATH next week, gold✍️ NOVA hello everyone, Let's comment on gold price next week from 03/17/2025 - 03/21/2025
🔥 World situation:
Gold prices pull back after briefly surpassing the $3,000 milestone, reaching a record high of $3,004 per troy ounce before retreating to $2,982, down 0.21% for the day. Uncertainty surrounding President Donald Trump's trade policies and a weaker US Dollar initially fueled the surge but later led to a price correction.
Meanwhile, geopolitical tensions continue to influence demand for the safe-haven metal. The Ukraine-Russia ceasefire hangs in the balance, with signs of reluctance from Moscow to uphold the 30-day truce.
🔥 Identify:
Gold price has reached over 3000 this week, a new turning point. The trade situation is still very tense, the momentum continues for the upward trend 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: $3043, $3078
Support : $2954, $2882
🔥 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
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
PPI, gold price opportunity to create new ATH above 2956⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Core CPI, excluding volatile food and energy prices, eased from 3.3% in January to 3.1% year-over-year, signaling ongoing disinflation in the U.S. economy.
Meanwhile, the Atlanta Fed’s GDPNow model projects a -2.4% contraction for Q1 2025, marking the first negative reading since the COVID-19 pandemic.
Money market traders have adjusted their expectations for Federal Reserve easing in 2025, pricing in 71 basis points of rate cuts—down from 77 bps the previous day, according to Prime Market Terminal data.
⭐️Personal comments NOVA:
Gold has accumulated, continues to grow and heads towards a new ATH: 2976
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2954 - $2956 SL $2959 scalping
TP1: $2950
TP2: $2945
TP3: $2940
🔥SELL GOLD zone: $2975 - $2977 SL $2982
TP1: $2968
TP2: $2960
TP3: $2950
🔥BUY GOLD zone: $2920 - $2918 SL $2913
TP1: $2930
TP2: $2940
TP3: $2950
⭐️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
EURGBP uptrend - continuing⭐️Smart investment, Strong finance
⭐️EURGBP INFORMATION:
EUR/GBP extends its winning streak since March 3, hovering around 0.8440 during Tuesday’s European session. The pair gains momentum as the European Union (EU) considers boosting defense spending through joint borrowing, EU funds, and an expanded role for the European Investment Bank (EIB), with crucial decisions anticipated by June.
⭐️Personal comments NOVA:
EURGBP H1 breakout price zone retreats, continuing the uptrend
⭐️SET UP EURGBP PRICE:
🔥BUY eurgbp zone: 0.84200 - 0.84100 SL 0.83800
TP1: 0.84500
TP2: 0.84800
TP3: 0.85200
⭐️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
NF news - Opportunity for gold price to return to old ATH 2955⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold’s three-day rally came to a pause as investors locked in profits ahead of the highly anticipated US Nonfarm Payrolls report. A rise in US Treasury yields further dampened the appeal of the non-yielding metal. At the time of writing, XAU/USD remains steady at $2,918.
Despite consolidating above the $2,900 mark, gold faced resistance following an earlier surge in the US 10-year Treasury yield to a one-week high before retreating to 4.286%..
⭐️Personal comments NOVA:
Tariff Situation Remains Long Term Driver for Gold Growth, NF News Key Data to Determine Today's Trend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2954 - $2956 SL $2961
TP1: $2945
TP2: $2930
TP3: $2920
🔥BUY GOLD zone: $2832 - $2834 SL $2827
TP1: $2840
TP2: $2850
TP3: $2860
⭐️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
2941 ! Expected price range today ! XAU⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) trade with an upward bias during Thursday’s Asian session, holding near the one-week high reached the previous day, though follow-through buying remains limited.
Market concerns over US President Donald Trump’s tariff policies continue to bolster demand for the safe-haven metal. Additionally, growing expectations of an earlier-than-anticipated Federal Reserve rate cut, coupled with bearish sentiment surrounding the US Dollar, further support gold’s appeal.
⭐️Personal comments NOVA:
Gold price has strong growth momentum, after clearing liquidity, there will be great momentum in the near future.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2953 - $2955 SL $2960
TP1: $2945
TP2: $2930
TP3: $2920
🔥SELL GOLD zone: $2941 - $2943 SL $2948
TP1: $2935
TP2: $2927
TP3: $2920
⭐️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
Will gold continue to jump and create ATH?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) edges lower during the Asian session on Tuesday, pulling back from its recent record high. A recovering US Dollar (USD) from its lowest level since December 10 weighs on demand for the metal. Additionally, overbought conditions lead some traders to trim their bullish positions. However, the broader market outlook suggests caution before making strong bearish moves.
⭐️ Personal comments NOVA:
Gold price is maintaining an upward trend, TRENDLINE H1
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2917 - $2915 SL $2910
TP1: $2922
TP2: $2930
TP3: $2940
🔥 SELL GOLD zone: $2966 - $2968 SL $2973
TP1: $2960
TP2: $2950
TP3: $2940
⭐️ 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
Bullish Momentum - Tariffs! Waiting for New ATH next week✍️ NOVA hello everyone, Let's comment on gold price next week from 02/24/2025 - 02/28/2025
🔥 World situation:
Gold price slides late on Friday, poised to end the week positively, accumulating eight straight weeks of gains that pushed the yellow metal to all-time highs of $2,954. At the time of writing, the XAU/USD trades at $2,940, down 0.15%.
The financial markets' narrative has not changed as US President Donald Trump continues with rhetoric related to tariffs. In addition to imposing 25% tariffs on cars, pharmaceuticals and chips, Trump broadened duties to lumber and other soft commodities.
This fueled the rally in Bullion prices as investors seeking safety drove prices higher amidst uncertainty about US trade policies. Meanwhile, geopolitics took a second stage as there was some progress in the discussion to end the Russia-Ukraine war, which relieved the markets.
🔥 Identify:
Accumulated price zone 2918 - 2954, uptrend maintained well above zone 2900
🔥 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: $2954, $2965, $2980
Support : $2918, $2895, $2877
🔥 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
price line up new ATH, strong bulls⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) gains traction in the Asian session on Thursday, staying near its record high from the previous day. Concerns over a potential global trade war rise as US President Donald Trump threatens new tariffs, boosting demand for the safe-haven metal. Meanwhile, a drop in US Treasury yields further supports gold's appeal.
⭐️ Personal comments NOVA:
Bulls dominate, uptrend continues to create new ATH, a series of new tariff policies will be announced in the near future
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2956 - $2958 SL $2963
TP1: $2950
TP2: $2940
TP3: $2930
🔥BUY GOLD zone: $2926 - $2928 SL $2923 scalping
TP1: $2932
TP2: $2936
TP3: $2942
🔥 BUY GOLD zone: $2893 - $2895 SL $2887
TP1: $2902
TP2: $2910
TP3: $2920
⭐️ 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
Short term bearish H1 - bears will continue to push price up⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Dollar climbs to its highest level in over a week as expectations grow that Trump's protectionist policies could drive inflation higher, pushing the Federal Reserve to maintain its hawkish stance and keep interest rates unchanged.
A stronger USD, coupled with overbought conditions on the daily chart, leads to some profit-taking on XAU/USD as traders adjust positions ahead of Fed Chair Jerome Powell's congressional testimony.
⭐️ Personal comments NOVA:
In the context of current world trade tensions, gold continues its upward trend, possibly above $3000 in February 2025.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2929 - $2931 SL $2934
TP1: $2925
TP2: $2920
TP3: $2915
⭐️ 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
Tariffs - ATH - featured keyword with XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
On Monday, US President Donald Trump signed two proclamations reinstating 25% tariffs on metals and removing all previous exemptions on steel and aluminum tariffs from his 2016-2020 term.
Additionally, Trump informed reporters that he plans to announce reciprocal tariffs on other countries within the next two days. This news boosted demand for safe-haven assets, pushing gold prices to a new record high during the Asian session on Tuesday.
⭐️ Personal comments NOVA:
Asian session witnessed strong growth, gold price reached new ATH 2942, then showed signs of profit taking, still an uptrend today
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2957 - $2959 SL $2964
TP1: $2950
TP2: $2940
TP3: $2930
🔥 BUY GOLD zone: $2898 - $2900 SL $2895 Scalping
TP1: $2905
TP2: $2910
TP3: $2915
🔥 BUY GOLD zone: $2888 - $2886 SL $2881
TP1: $2895
TP2: $2902
TP3: $2910
⭐️ 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
World trade tensions, gold price opportunity above 2900✍️ NOVA hello everyone, Let's comment on gold price next week from 02/10/2025 - 02/14/2025
🔥 World situation:
Gold extended its rally on Friday as US-China trade tensions escalated and US employment data delivered mixed signals. XAU/USD climbed 0.24%, trading at $2,862.
President Donald Trump’s plans to impose reciprocal tariffs on multiple countries next week provided a boost for bullion, reinforcing its safe-haven appeal. Rising geopolitical uncertainty over the weekend could further drive demand for gold.
Meanwhile, US data showed January’s Nonfarm Payrolls fell short of expectations, but the Unemployment Rate declined from both estimates and December’s reading. This resilience in the labor market could deter the Federal Reserve from easing policy in the near term.
🔥 Identify:
The long-term framework continues for the upcoming uptrend, in the context of the risk of trade war is still very tense, gold becomes a safe investment channel, the opportunity to reach ATH 3000 this year
🔥 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: $2886, $2900, $2944
Support : $2833, $2810
🔥 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
SIDEWAY and go up to make ATH 2800⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
In January, the US ADP National Employment Change showed private sector job growth accelerating from 176K to 183K, surpassing expectations of 150K. Meanwhile, the ISM Services PMI came in at 52.9, slightly above the 52.8 forecast but down from December’s 54.0. Similarly, the S&P Global Services PMI fell from 56.8 to 52.9, still exceeding projections of 52.8. Money markets are now pricing in 52 basis points (bps) of Fed rate cuts in 2025.
⭐️ Personal comments NOVA:
Gold price is sideways around 2855 - 2882, accumulating and will continue to go up: resistance price zone to pay attention to: 2900
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2898 - $2900 SL $2905
TP1: $2890
TP2: $2860
TP3: $2850
🔥 BUY GOLD zone: $2832 - $2834 SL $2827
TP1: $2840
TP2: $2850
TP3: $2860
⭐️ 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
ATH 2880 XAU, can it be reached today?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Trump extended a 30-day delay on the 25% tariffs for Canada and Mexico, sparking optimism that a global trade war may be avoided. However, this does little to weaken the bullish outlook for the safe-haven metal. Meanwhile, Wednesday’s US economic calendar includes the ADP private-sector employment report and ISM Services PMI, which could impact the USD and create short-term trading opportunities for gold.
⭐️ Personal comments NOVA:
Gold price continues to maintain the uptrend, waiting for new ATH 2880 or 2900 this week, waiting for ADP-NF and NF results this week
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2900 - $2902 SL $2905 SCALPING
TP1: $2895
TP2: $2890
TP3: $2885
⭐️ 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
Gold price short-term decrease H1 frame - soon create new ATH⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Dollar draws in dip-buyers after yesterday’s pullback from a two-year high, potentially preventing bullish momentum from driving further gains in the commodity. On Tuesday, the release of Job Openings and Labor Turnover Survey (JOLTS) and Factory Orders data could offer fresh support to both the USD and gold prices.
⭐️ Personal comments NOVA:
Gold price is decreasing in H1 trendline, selling force is weakening, if the market continues to sweep liquidity, the BUY price zone 2781-2783 will be safe for the uptrend
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2781 - $2783 SL $2778 SCALPING
TP1: $2786
TP2: $2790
TP3: $2795
⭐️ 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