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Buyxauusd

Break - signal BUY SACLPING XAU SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: The US Bureau of Economic Analysis (BEA) reported on Wednesday that the Personal Consumption Expenditures (PCE) Price Index increased to 2.3% year-over-year in October, up from 2.1% in September. The core PCE Price Index, which excludes food and energy costs, rose 0.3% month-over-month and climbed to 2.8% annually from 2.7% the previous month. Meanwhile, data from the US Commerce Department showed the economy grew at a robust annual rate of 2.8% in the third quarter, driven by strong consumer spending, which increased by 3.5%. ⭐️Personal comments NOVA: M30 witnessed gold price BREAK trend increasing, waiting for a reasonable BUY scalping signal ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2642 - $2640 SL $2637 scalping TP1: $2646 TP2: $2650 TP3: $2657 ⭐️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
XAU ! 26 Nov ! SCALPING support zone M45XAU / USD trend forecast November 26, 2024! SCALPING Gold prices (XAU/USD) continue to trade with a bearish tone for the second consecutive day, hovering just above a one-week low during the early European session on Tuesday. Increasing confidence that US President-elect Donald Trump's expansionary policies will drive up inflation and reduce the likelihood of further interest rate cuts by the Federal Reserve (Fed) has pushed US Treasury yields higher. This, in turn, has renewed demand for the US Dollar (USD), weighing on the appeal of the non-yielding yellow metal. Gold price continues to fall - moving towards long-term support zone 2605, slight recovery reaction /// BUY XAU : zone 2606-2603 SL: 2600 TP: 40 - 80 - 150 pips (2618) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
Gold follows an Uptrend! 2706SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) hold onto solid intraday gains during the early European session, trading near a two-week high just below $2,700. Escalating geopolitical tensions from the Russia-Ukraine conflict continue to drive demand for the safe-haven metal, marking its fifth consecutive day of gains. Additionally, expectations that US President-elect Donald Trump's expansionary policies may spark inflation further support gold, often seen as a hedge against rising prices. ⭐️Personal comments NOVA: The buying pressure of the bulls is still very high, the gold price may continue to trend up to the 2706 area ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2682 - $2680 SL $2675 TP1: $2690 TP2: $2700 TP3: $2706 ⭐️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
XAU ! 11/ 21 ! SCALPING Gold price still increasesXAU / USD trend forecast November 21, 2024 ! SCALPING Anticipations that US President-elect Donald Trump's proposed tariffs could drive inflation higher and reduce the Federal Reserve's (Fed) ability to lower interest rates continue to support elevated US Treasury yields. Combined with a generally upbeat risk sentiment, this could deter traders from making aggressive bullish moves on XAU/USD. Attention now shifts to upcoming US macroeconomic data and Fed commentary, which are expected to offer fresh direction for the precious metal. Long term frame, the uptrend still has great buying power. SCALPING short term frame to find a good BUY entry point /// BUY XAU : zone 2646-2643 SL: 2640 TP: 40 - 80 - 150 pips (2658) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
Recovery continues! Expected price range 2644⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices surged over 1.80% early this week, recovering from a two-month low of $2,536 to climb above $2,600. Heightened tensions in the Russia-Ukraine conflict, coupled with a weaker US Dollar, supported Gold’s rise on Monday. At present, XAU/USD is trading at $2,610. Market sentiment on Wall Street is mixed, with two major US equity indices posting gains while the other two remain volatile. Geopolitical developments remain a key driver for Gold, as Russia’s large-scale offensive in Ukraine prompted a response from the White House. ⭐️Personal comments NOVA: Gold price still shows strong upward momentum, recovery may be higher approaching potential price zones such as 2644 - 2673 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2644 - $2646 SL $2649 TP1: $2638 TP2: $2630 TP3: $2620 🔥SELL GOLD zone: $2673 - $2675 SL $2680 TP1: $2660 TP2: $2645 TP3: $2630 🔥BUY GOLD zone: $2589 - $2587 SL $2582 TP1: $2595 TP2: $2610 TP3: $2620 ⭐️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
XAU ! Nov 19 ! Break - prices continue to rise, scalpingXAU / USD trend forecast November 18, 2024 ! SCALPING Market expectations that US President-elect Donald Trump's expansionary policies could drive inflation higher and reduce the likelihood of further interest rate cuts by the Federal Reserve have kept US Treasury yields elevated. This has limited the upward momentum for Gold prices. However, persistent geopolitical risks from the prolonged Russia-Ukraine conflict and ongoing tensions in the Middle East continue to provide support for the safe-haven asset, urging caution before initiating new bearish positions. Small timeframe M15 , see price BREAK past 2625 and continue to rally towards 2640 soon /// BUY XAU : zone 2625-2622 SL: 2619 TP: 40 - 80 - 150 pips (2637) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
2
Monday - gold recovers under selling pressure from the market⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) pares some of its intraday gains but stays below $2,600 as the European session approaches on Monday. Hopes that US President-elect Donald Trump's expansionary policies will drive inflation and reduce the need for further Federal Reserve (Fed) rate cuts keep US Treasury yields high. This, combined with a positive market sentiment, weighs on the non-yielding yellow metal. However, lingering geopolitical risks provide some support for Gold as a safe-haven asset. Additionally, the US Dollar (USD) remains subdued below its year-to-date high from last Thursday, offering a boost to XAU/USD and breaking its six-day losing streak. Still, the lack of strong follow-through buying suggests caution before expecting a meaningful rebound from last week’s two-month low near $2,537-2,536. ⭐️Personal comments NOVA: Gold price increased at the beginning of the week, clearing liquidity. After absorbing and accumulating enough, the selling side continued to dominate. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2608 - $2610 SL $2615 TP1: $2600 TP2: $2590 TP3: $2580 🔥BUY GOLD zone: $2565 - $2567 SL $2560 TP1: $2572 TP2: $2580 TP3: $2590 ⭐️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
XAU ! Nov 18 ! Short recovery 2614XAU / USD trend forecast November 18, 2024 Traders reduced their expectations for rate cuts in December after Fed Chair Jerome Powell stated that the US central bank was in no hurry to lower rates, citing the "remarkably strong" performance of the economy. Elevated interest rates tend to weigh on Gold prices, as they make non-yielding assets like gold less attractive. Conversely, escalating geopolitical tensions in the Middle East and the ongoing conflict between Ukraine and Russia could support safe-haven demand, bolstering the yellow metal. According to Reuters, President Joe Biden's administration has authorized Ukraine to use US weaponry for strikes inside Russia, marking a significant shift in Washington's policy regarding the Ukraine-Russia conflict Short-term recovery - liquidity sweep of resistance zone 2597 - 2614. Downtrend still dominates long-term /// SELL XAU : zone 2614-2617 SL: 2622 TP: 50 - 100 - 200pips (2597) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
2
XAU ! Nov 18 ! Scalping BUY retest entry BREAK XAU / USD trend forecast November 18, 2024! SCALPING Gold prices saw their steepest weekly drop since September 2023, falling to a two-month low last week as the US Dollar surged to its highest level in over a year. Over the weekend, geopolitical events spurred safe-haven demand, helping the precious metal regain strong upward momentum during the Asian session as the new week began. US President Joe Biden approved Ukraine's use of US-supplied long-range missiles for deeper strikes inside Russia, which, in response, has reportedly deployed North Korean troops to bolster its military efforts. Trendline M30 - price drops to trend BREAK point, then bounces back /// BUY XAU : zone 2575-2572 SL: 2569 TP: 40 - 80 - 150 pips (2587) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
XAU ! 11/ 14 ! Waiting for short term recovery 2575XAU / USD trend forecast November 14, 2024! SCALPING Gold prices (XAU/USD) hit their lowest since September 19, around $2,550, early in the European session on Thursday. Ongoing demand for the US Dollar (USD), driven by optimism about President-elect Donald Trump’s anticipated expansionary policies, continues to weigh on the metal, marking its fifth consecutive day of declines. Price is in very strong support zone D frame - waiting for recovery reaction 2575 /// BUY XAU : zone 2547-2544 SL: 2541 TP: 40 - 80 - 150 pips (2559) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
3
CPI data helps gold recover temporarily⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: On Tuesday, it was announced that Mike Waltz would serve as National Security Advisor and Marco Rubio as Secretary of State. Both are known for their firm stance on China, suggesting a high likelihood of tariffs being introduced. At the same time, markets anticipate a less dovish Federal Reserve, with fed funds futures from the Chicago Board of Trade (CBOT) indicating a terminal rate of approximately 3.99%. ⭐️Personal comments NOVA: Currently, the price is sideways around the 2590 - 2620 range, a short-term recovery for the next price decline. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2660 - $2662 SL $2667 TP1: $2650 TP2: $2640 TP3: $2630 🔥BUY GOLD zone: $2576 - $2574 SL $2569 TP1: $2582 TP2: $2590 TP3: $2600 ⭐️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
11/13 ! Gold recovered slightly, then continued to fall.XAU / USD trend forecast November 13, 2024 Gold prices fell below $2,600 on Tuesday, marking their lowest level since mid-September as the US Dollar Index (DXY) surged to a six-month high. Rising US Treasury yields further pressured gold, with XAU/USD trading around $2,599, down 0.77%. Investors are closely watching former President Donald Trump's victory and his initial cabinet appointments, which could signal his policy directions on tax cuts, tariffs, and immigration. Gold price will be sideways, stabilizing below 2650 to continue the downtrend at the end of 2024 /// SELL XAU : zone 2625-2628 SL: 2631 TP: 50 - 100 - 150pips (2613) /// SELL XAU : zone 2649-2652 SL: 2657 TP: 50 - 200 - 300pips (2622) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
3
XAU! 11/7! retest 2680 area to get liquidityXAU / USD trend forecast November 7, 2024! SCALPING Gold prices (XAU/USD) decline for the second straight session on Thursday, weighed down by a stronger US Dollar following former President Donald Trump's election win. The precious metal faces selling pressure as safe-haven demand wanes, with market optimism rising on the back of “Trump trades.” With the presidential outcome now clear, the markets are less concerned about a contested result, contributing to the bearish sentiment around gold. Gold prices mostly sideways before the FOMC meeting tonight: 2650 - 2670 /// BUY XAU : zone 2661-2658 scalping SL: 2655 TP: 40 - 80 - 150 pips (2673) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
6
XAU ATH before the US presidential election✍️ NOVA hello everyone, Let's comment on gold price next week from 10/28 - 11/1/2024 🔥 World situation: Gold prices hold steady late in the North American session before the weekend, rising 0.18% after reaching a record high of $2,758 on Wednesday. Heightened Middle East tensions and uncertainty around the upcoming US elections are steering traders toward the safe-haven metal, with XAU/USD currently trading at $2,740. Geopolitical issues have overtaken US economic data as the primary influence on gold’s movement. Tensions remained high Friday between Israel and Hezbollah near the Israel-Lebanon border, with Israeli officials reporting that around 45 missiles were launched by the group. 🔥 Identify: Short-term sideways adjustment in the price range of 2710-2750, gold price continues to expect to reach a new ATH before the US presidential election 🔥 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: $2759, $2782, $2805 Support : $2708, $2680 🔥 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
2765 ! Expected next ATH price range⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: US bonds saw a sell-off on Monday, which TD Securities analysts attributed partly to increasing odds of a Trump victory in prediction markets. Meanwhile, Fed officials made statements on policy. San Francisco Fed President Mary Daly expressed support for continued rate cuts, while Kansas City Fed President Jeffrey Schmid took a more cautious approach, favoring smaller cuts and describing the labor market as stabilizing rather than weakening. ⭐️Personal comments NOVA: Huge buying force - continues to create new ATH every day. Fomo is close to the US presidential election day. The long-term framework all supports the continued Uptrend ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2765 - $2767 SL $2772 TP1: $2758 TP2: $2750 TP3: $2740 🔥BUY GOLD zone: $2730 - $2728 SL $2723 TP1: $2740 TP2: $2750 TP3: $2760 ⭐️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
5
Continue to wait for the new gold ATH to be higher⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: US Treasury bond yields surged over ten basis points, with the 10-year note yielding 4.192%. As a result, the US Dollar Index (DXY) climbed 0.50%, reaching a two-month high of 104.01. Meanwhile, tensions in the Middle East persisted as Israel reported a projectile from Lebanon landing in central Israel, and Iran’s UN envoy criticized Biden’s remarks on Israel’s potential attack as "inflammatory." Dallas Fed President Lorie Logan highlighted the need for flexibility in monetary policy, reinforcing the gradual approach to lowering borrowing costs. ⭐️Personal comments NOVA: After adjusting for liquidity in the 2715 price range - the gold price continues to increase significantly - returning to the 2735 price range and tending to increase to create a new ATH in the near future. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2760 - $2762 SL $2767 TP1: $2750 TP2: $2740 TP3: $2730 🔥BUY GOLD zone: $2695 - $2697 SL $2690 TP1: $2705 TP2: $2715 TP3: $2730 ⭐️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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
2
New ATH continues! Gold broke out this year⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) rises to around $2,720 during Monday’s early Asian session, driven by ongoing Middle East tensions and uncertainty surrounding the US presidential election. Geopolitical risks, particularly Hezbollah's escalation of conflict with Israel, have prompted investors to seek safety in gold. Additionally, concerns over the upcoming US election and expectations of looser monetary policies from the Federal Reserve further support the metal’s upward trend, according to Alexander Zumpfe, a precious metals trader at Heraeus Metals Germany. ⭐️Personal comments NOVA: Gold prices are continuously increasing, creating ATH after military tensions in the world - currently the top asset type to accumulate in the world, continuing to be expected to increase anew this week. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2743 - $2745 SL $2750 TP1: $2735 TP2: $2720 TP3: $2710 🔥BUY GOLD zone: $2707 - $2705 SL $2700 TP1: $2715 TP2: $2722 TP3: $2730 ⭐️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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
1
XAU / USD ! 10/16 Bulls prevail $2685XAU / USD trend forecast October 16, 2024 Gold prices rose on Tuesday as US Treasury yields fell, limiting gains for the US Dollar. The economic calendar included the New York Empire State Manufacturing Index and the NY Fed Consumer Expectations Survey, with XAU/USD trading at $2,664. The Empire State Manufacturing Index for September showed a weak result, while the NY Fed survey indicated higher inflation expectations for the month. Gold price surpassed the nearest resistance zone of 2660, approaching the next price zone of 2672. The bulls are dominating, determined to find the old ATH of 2685 this week. /// SELL XAU : zone 2685-2682 SL: 2690 TP: 50 - 100 - 200 pips (2665) /// BUY XAU : zone 2653-2650 SL: 2645 TP: 50 - 100 - 200 pips (2670) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
7
XAU recovers - positive market !! $2685⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) rose for the second consecutive day on Wednesday, reaching a one-and-a-half-week high of around $2,670 during the Asian session. Lower US Treasury yields pulled the US Dollar away from its two-month peak, supporting gold. Additionally, weaker global equity markets and ongoing geopolitical risks boosted demand for the safe-haven metal. Central bank demand further supported gold prices, though expectations of a less aggressive policy easing by the Federal Reserve (Fed) and a likely 25 basis point rate cut in November may limit any significant USD decline. Moreover, reports that Israel won't target Iran’s oil and nuclear sites could cap further gains for gold, suggesting caution for additional upward movement. ⭐️Personal comments NOVA: Gold prices recovered - when war information continued to have a good impact on the Gold market. Expect to touch old ATH 2685 this week and correct to create additional liquidity ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2651 - $2649 SL $2644 TP1: $2660 TP2: $2670 TP3: $2683 🔥SELL GOLD zone: $2671 - $2673 SL $2677 SCALPING TP1: $2665 TP2: $2660 TP3: $2650 🔥SELL GOLD zone: $2683 - $2685 SL $2690 TP1: $2675 TP2: $2668 TP3: $2660 ⭐️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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
3
XAU on the rebound - stable above 2600 this week ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) surged over 1% on Friday, closing near the weekly high after the US Producer Price Index (PPI) indicated a positive inflation outlook, reinforcing expectations of future rate cuts by the Federal Reserve (Fed). Additionally, ongoing geopolitical tensions in the Middle East bolstered safe-haven demand, further supporting gold's rise. However, with investors no longer anticipating a large Fed rate cut in November, US Treasury yields remain high, and the US Dollar stays near its mid-August peak. Furthermore, optimism around China's plan to increase debt to boost its economy adds some pressure on gold during Monday's Asian session. ⭐️Personal comments NOVA: Gold price this week continues its upward trend - remaining stable above the 2600 mark. Sideway doesn't have much important news this week ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2629 - $2627 SL $2622 TP1: $2635 TP2: $2642 TP3: $2650 Pay attention to the potential support zone today: 2635 🔥SELL GOLD zone: $2669 - $2671 SL $2676 TP1: $2660 TP2: $2650 TP3: $2640 ⭐️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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
2
Gold sideways - large range 2605 - 2682! next week ✍️ NOVA hello everyone, Let's comment on gold price next week from 10/14 - 10/18/2024 🔥 World situation: Gold surged over 1% on Friday, with the metal on track to close the week with a modest 0.20% gain, following inflation data and Thursday's Consumer Price Index (CPI) report, which slowed the US Dollar’s advance. Currently, XAU/USD is trading at $2,658. Mixed economic data supported gold's rise. The US Bureau of Labor Statistics (BLS) reported producer prices close to expectations, signaling inflation is declining but still above forecasts. Meanwhile, the University of Michigan's October Consumer Sentiment showed a decline, reflecting concerns about higher living costs. 🔥 Identify: After gold broke the H1 downtrend, there was a recovery above 2650. Still in the long-term H4 uptrend. However, there is a high possibility that it will still move sideways to accumulate more in October (price range 2605-2682). 🔥 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: $2682, $2700, $2710 Support : $2629, $2605, $2575 🔥 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
sideway and accumulation! XAU! 10/8XAU / USD trend forecast October 8, 2024 Gold prices dipped during Monday's North American session, trading between $2,630 and $2,659, as rising US Treasury yields limited gains. However, the intensifying conflict in the Middle East prevented further declines. XAU/USD is at $2,645, down 0.30%. Market sentiment worsened due to ongoing violence, with Israel expanding ground operations in Lebanon and Hamas firing rockets at Tel Aviv. Ceasefire hopes diminished as groups like the Houthis also attacked ships in the Red Sea, escalating the conflict. The price range of 2625-2685 is almost awaited by investors to wait for the next interest rate information, the longer the accumulation, the stronger the gold price fluctuates. Sideway will continue today. /// BUY XAU : zone 2624-2627 SL: 2619 TP: 50 - 100 - 200 pips (2644) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
XAU continues sideways - accumulate waiting for new ATH 2705 ✍️ NOVA hello everyone, Let's comment on gold price next week from 10/07 - 10/11/2024 🔥 World situation: Gold prices pulled back after a stronger-than-expected US jobs report suggested that the labor market remains robust, indicating the Federal Reserve (Fed) may ease policy in smaller 25-basis-point increments. Currently, XAU/USD is trading at $2,643, down 0.40%. The US Bureau of Labor Statistics (BLS) reported strong job growth for September, easing concerns about the labor market. This reduced pressure on the Fed, which had previously cut interest rates by 0.50% in September amid concerns about reaching its maximum employment goal. 🔥 Identify: Gold price is sideways - accumulating in a large range of 2625 - 2681. The uptrend on the H4 frame is still stable and waiting for new momentum to reach the next new ATH. In the context of escalating Middle East tensions - gold price continues to increase strongly 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: $2671, $2685, $2705 Support : $2626, 2588 🔥 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