Ready for the new bull run? XAU / USD ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Freshly released US data has fueled recession concerns, with the Atlanta Fed GDP Now Model slashing its Q1 2025 growth projection to -2.8%, a sharp drop from Monday’s 1.6% estimate.
Meanwhile, February’s ISM and S&P Global Manufacturing PMI readings painted a mixed picture. The ISM index edged closer to the 50 threshold, signaling a slowdown, while the S&P Global measure showed solid expansion. In response, US Treasury yields tumbled as traders increasingly priced in Federal Reserve rate cuts.
This flight to safety boosted demand for gold, propelling prices toward $2,900. Looking ahead, gold traders will turn their attention to key economic releases, including the ISM Services PMI, Initial Jobless Claims, and February’s Nonfarm Payrolls.
⭐️Personal comments NOVA:
Market sentiment is gradually improving and optimistic, expecting a new rally above 3000 after the implementation of tariffs that took effect yesterday in Canada, Mexico and China. Gold prices tend to retest the breakout zones of 2900, 2892 and 2880 to create more short-term liquidity.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2891 - $2893 SL $2888 scalping
TP1: $2896
TP2: $2900
TP3: $2905
🔥BUY GOLD zone: $2880 - $2878 SL $2873
TP1: $2888
TP2: $2895
TP3: $2910
🔥SELL GOLD zone: $2935 - $2937 SL $2942
TP1: $2928
TP2: $2920
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
Longsetup
**Trade Setup:** - **Pair:** EUR/USD
### **Trade Setup:**
- **Pair:** EUR/USD
- **Current Price:** **1.06768**
- **Support Level:** **1.06520**
- **Resistance Level:** **1.07220**
- **Target (TP):** **1.07735**
- **Stop-Loss (SL):** **1.06225**
- **50 EMA:** To be used as dynamic support for trade confirmation.
---
### **Technical Analysis & Strategy:**
1. **Trend Confirmation:**
- If the **price is above the 50 EMA**, it suggests an uptrend and supports the long trade.
- If the price is below the 50 EMA, consider **waiting** for confirmation before entering.
2. **Entry Strategy:**
- Enter **long near 1.06768** if price remains above the **50 EMA** or if it retests support at **1.06520** and bounces.
- Ideal confirmation: **Bullish candlestick pattern (e.g., engulfing, pin bar) near support or EMA.**
3. **Resistance & Take Profit Strategy:**
- First resistance at **1.07220** – Consider partial profit-taking or moving SL to breakeven.
- Final target at **1.07735**.
4. **Stop-Loss & Risk Management:**
- **SL set at 1.06225**, giving a **risk of 54.3 pips**.
- **Reward of 96.7 pips to TP**, yielding a **Risk-Reward Ratio (RRR) of ~1.78:1** (acceptable).
- Risk per trade should be limited to **1-2% of account balance**.
5. **Trade Management:**
- If price moves in favor, **trail stop to secure profits** (e.g., move SL to **1.06850** if price reaches 1.07220).
- If price breaks below 50 EMA and **closes below support (1.06520)**, consider exiting early.
---
### **Additional Considerations:**
✔ **Check news/events** that could impact EUR/USD (e.g., Fed, ECB, NFP, CPI reports).
✔ Monitor **DXY (US Dollar Index)** – A strong USD could push EUR/USD down.
✔ Ensure **liquidity and volatility** are optimal (best during London/New York sessions).
XAU/USD trading strategy during US and Asian sessions🔔🔔🔔Gold news:
🔆Trump imposed tariffs on Canada, Mexico and China. Soon after, Canada and China followed suit with the US. This raised the risk of a global trade war and hurt investor sentiment, which sees gold as a safe haven.
🔆The Institute for Supply Management (ISM) manufacturing PMI fell to 50.3 in February from 50.9 the previous month, while the Prices Paid Index jumped to its highest level in nearly three years on concerns about import tariffs.
🔆This has observers worried that Trump's trade tariffs will weaken consumer spending and add to concerns about a weakening outlook for the world's largest economy. This could provide further support to the XAU/USD pair.
🔆US 10-year bond yield fell 1.53% during the day
👉These are the main reasons why Gold increased sharply in the European - American session today and reached a 4-day high of 2927
Personal opinion:
🔆Gold will continue its upward trend in the coming time.
🔆Technically, in the US session, Gold reached its highest level and showed signs of retesting at the 2895 area, then it could bounce back to the main trend
🔆RSI (1H) started to decrease after entering the overbought zone
👉So consider buying at a lower price to maximize profits
Analysis:
Based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉BUY Gold 2895 - 2897
❌SL: 2890 | ✅TP: 2903 – 2908 –2920
FM wishes you a successful trading day 💰💰💰
NVIDIA Update 3 Rangebound with new Low for longsIn this video I bring to your attention what we could possibly expect if we lose the current level and if we do then where is the next crucial zone to look for Longs.
If you have read this then pls do Boost my work and any questions then leave them below
USDJPY: Consolidating below the uptrend channel!Dear Traders!
Recently, USDJPY has made a strong breakout, completely exiting the uptrend and stabilizing below a new support level, as highlighted on the 1-hour chart. The pair is currently trading around 149.20.
This stability above the new support is driven by U.S. President Donald Trump's tariff policies, which have boosted risk-off sentiment and increased demand for the U.S. Dollar as a safe-haven asset. However, expectations of a BoJ rate hike and concerns over a global trade war continue to support the Japanese Yen, keeping gains limited below the lower boundary of the previous uptrend channel.
GOLD → Breaks 2881. Buyers are ready…OANDA:XAUUSD breaking through the resistance threshold of the downward trend and attempting to seek gains above the critical resistance zone of 2881. A consolidation before the breakout is forming relative to 2894, signaling potential growth on the dollar's correction foundation.
Previously, Trump confirmed the possibility of imposing 25% tariffs on Canada, Mexico, and China, triggering retaliatory measures and increasing the risk of U.S. recession. Declining PMI and Atlanta Fed's GDP led to a sell-off on Wall Street and increased demand for gold as a protective asset.
Geopolitical tensions persist as Trump suspends military aid to Ukraine, sparking European discontent. Market focus will remain on the release of detailed U.S. monthly employment information - commonly known as the Non-Farm Payroll (NFP) report on Friday. This crucial data will impact both USD and gold metal.
Technically, the price surpassing the 2881 resistance level divides the market into two planes. A consolidation before breakthrough is forming relative to 2895. The resistance breakthrough and price consolidation above 2895 could reinforce growth. The buyers' main focus is maintaining defensive positions above 2885 - 2895.
In the context of increasing economic risks and declining dollar, gold has every opportunity to continue its growth following the local trend change. The targets in this scenario are 2915, 2921, 2929.
Best regards, Bentradegold!
Gold price today: Extend the momentum!Gold prices continued their upward momentum today, hovering around the $2,910 level. The last recorded trade for gold stood at $2,928 per ounce, marking a 270-pip increase compared to early yesterday morning.
Accordingly, gold prices are currently experiencing strong impacts from USD fluctuations and US tariff policies. Meanwhile, President Donald Trump continues to raise concerns by threatening to impose tariffs on imports from Mexico and Canada. These factors could determine whether gold can reach the $3,000 per ounce mark or not.
Currently, investors are awaiting the US payroll report, expected to be released at the end of this week. The report's results could influence the monetary policy of the Federal Reserve (FED).
On the technical chart, the precious metal has broken out of the descending price channel and made adjustments to create new highs. Bullish factors are driven by the crucial support level at 2885 and the two EMA lines at 34 and 89. All expectations are focused on gold's long-term price appreciation because any signs of US economic slowdown will support calls for Fed rate cuts and provide support for OANDA:XAUUSD .
Gold price today: Strong rebound!Dear traders!
At around 6 AM on March 4, the spot gold price stood at $2,894 per ounce, marking a $36 increase from the previous day's opening price of $2,858 per ounce.
The primary reason for this rise is the increased risk aversion among investors, driving higher demand for safe-haven assets like gold amid escalating geopolitical tensions. Over the weekend, a heated exchange between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky raised concerns that efforts to end the Ukraine-Russia military conflict could reach an impasse.
Additionally, U.S. trade tariffs on Mexico, Canada, and China take effect today, March 4, sparking fears of potential financial market instability. This uncertainty has pushed many investors toward gold as a wealth preservation asset.
Meanwhile, a sudden decline in the U.S. dollar has made gold more attractive to investors holding other currencies. As a result, today's gold price outlook remains positive. Keep an eye on the $2,892 resistance level, as a breakout above this point could signal further upside momentum.
What are your thoughts?
EUR/USD Trade Setup: Long### **📢 EUR/USD Trade Setup: Long Entry at 1.05200 🚀**
EUR/USD presents a **buy opportunity** at **1.05200**, supported by the **EMA50 trend** and a **strong support level at 1.05100**.
---
### **🔹 Trade Details:**
✅ **Entry:** **1.05200** (Long)
✅ **Target TP1:** **1.06200** (+100 pips)
✅ **Stop Loss:** **40 pips below entry**
✅ **Support Level:** **1.05100**
---
### **🔹 Strategy & Risk Management:**
🔹 If the price holds above **1.05100**, bullish momentum could push it toward the **1.06200 target**.
🔹 **Set stop loss** properly to protect capital.
🔹 **Secure profits** along the way or set a **break-even point** as price moves in your favor.
📈 **Trade smart & follow proper risk management for success!** 🚀
GBP/USD Trade Setup: Long### **📢 GBP/USD Trade Setup: Long Entry at 1.27300 🚀**
GBP/USD is showing a **bullish setup**, supported by the **EMA50 trend** and **key support at 1.27100**.
---
### **🔹 Trade Details:**
✅ **Entry:** **1.27300** (Buy)
✅ **Target (TP):** **1.28300** (+100 pips)
✅ **Stop Loss:** **1.26800** (-50 pips)
✅ **Support Level:** **1.27100**
---
### **🔹 Trading Plan & Risk Management:**
🔸 If GBP/USD stays **above 1.27100**, bullish momentum could push it toward **1.28300**.
🔸 **Set stop loss at 1.26800** to protect against downside risk.
🔸 **Secure partial profits** or **set a break-even point** as price moves in your favor.
📈 **Trade wisely, manage your risk, and stay disciplined! 🚀**
SOLUSDT Long by TeamPWRTradesHi Traders,
SOL Long Idea
Based on recently volume and liquidity zones our team has entered a long positions SOL. Targets are 160-175. Stoploss below daily low.
Recommended risk 1-1.5% of portfolio.
Entry 1: 136.50
Entry 2: 133
TP 1: 160
TP 2: 175
SL: 132
Happy Trading,
TeamPWR
GBP/USD Trend in Upcoming US Session🔔🔔🔔 GBP/USD news:
👉At the beginning of the week, the Pound Sterling trades higher against most major currencies, except the Euro, as hopes for a Russia-Ukraine peace agreement provide support. Additionally, expectations that the Bank of England (BoE) will adopt a gradual approach to policy easing, along with optimism about a potential strong trade deal between the US and the UK, keep the British currency in a favorable position.
👉Meanwhile, U.S. President Donald Trump’s confirmation that a 25% tariff on imports from Canada and Mexico will take effect on March 4—along with an additional 10% tariff on Chinese goods—has led investors to reduce their exposure to the US Dollar. His recent discussions with Ukrainian President Volodymyr Zelenskyy in the Oval Office on Friday further influenced market sentiment.
👉Later in the American session, the US economic calendar will highlight the February ISM Manufacturing Purchasing Managers Index (PMI). If the PMI unexpectedly falls below 50, signaling a contraction in manufacturing activity, the USD could face immediate downside pressure, potentially benefiting the GBP/USD pair.
Personal opinion:
👉GBP/USD will maintain an upward trend in the medium term due to the impact of good news surrounding this pair.
👉Technically, GBP/USD will have a downward correction after touching the intersection between the resistance and SMA.
Analysis:
👉Based on important resistance - support and Fibonacci zones combined with the SMA indicator
Plan:
🔆 Price Zone Setup:
👉Buy GBP/USD 1.2610 – 1.2600
❌SL: 1.2570 | ✅TP: 1.2650 – 1.2680 – 1.2710
FM wishes you a successful trading day 💰💰💰
Gold Trend Today - Continue to Rise?🔔🔔🔔Gold news:
•Investors remain concerned that US President Donald Trump's trade tariffs could drive up inflationary pressures, reinforcing the Federal Reserve's hawkish stance and leading to some selling pressure on gold prices on Tuesday.
•Trump's tariffs on Mexico and Canada take effect this Tuesday, along with a new 10% tax on Chinese goods. Additionally, he announced that reciprocal tariffs would be implemented on April 2 against countries that impose duties on US products.
•In response, Canada confirmed plans to introduce retaliatory tariffs on US imports, while China’s Commerce Ministry stated on Tuesday that it would impose additional tariffs of up to 15% on key agricultural products from the US.
•These developments heighten the risk of a global trade war, dampening investor sentiment. However, this uncertainty may support demand for the safe-haven precious metal, helping to cushion gold prices from further losses, especially amid the prevailing bearish outlook for the US Dollar.
Personal opinion:
👉Gold will continue to increase in the coming time after the latest developments on the ongoing trade war between countries
👉However, RSI (1H) has unclear signs of a slight decline, so you can consider buying at a lower price level
Analysis:
👉Based on resistance - support zones combined with important Fibonacci levels to come up with a suitable strategy
🔆Price Zone Setup:
👉Sell Gold 2905 – 2907 (European session)
❌SL: 2912 | ✅TP: 2901 – 2896 – 2990
👉Sell Gold 2918 – 2920
❌SL: 2925 | ✅TP: 2914 – 2910 – 2900
FM wishes you a successful trading day 💰💰💰
GBP/USD Trend Today - Further Upward?🔔🔔🔔GBP/USD News:
👉 Support from the UK and European countries for a ceasefire in Ukraine during this time is the driving force for the strength of GBP.
👉 The US is increasingly mired in a trade war between countries and recent bad economic data is weakening the dollar
👉 DXY is touching a strong support zone so there are signs of convergence RSI (1H) so there is a possibility of a reversal
👉 GBP/USD according to the RSI (1H) indicator at this time creates divergence
Personal opinion:
👉 If GBP/USD has a bearish recovery phase, this could be a suitable price zone to buy at a cheaper price.
👉However, if this currency pair breaks out strongly above the 1.2730 area, the next resistance zone is likely to be 1.2780
Analysis:
👉Based on important resistance - support levels and Fibonacci levels combined with EMA to come up with a suitable strategy.
Plan:
🔆 Setting price range:
👉BUY GBP/USD 1.2690 – 1.2680
❌SL: 1.2650 | ✅TP: 1.2720 – 1.2770 – 1.2810
FM wishes you a successful trading day 💰💰💰
POPCATUSDT is setting up for a potential long opportunity!
🚀 The price BINANCE:POPCATUSDT.P is testing a critical support level at 0.2056 USDT , and if bulls hold, we could see a strong upward push.
🔑 Key Levels:
Support:
- 0.2056 USDT – Key support, maintaining the trend.
- 0.2010 USDT – Deep liquidity zone for potential wicks.
Resistance:
- 0.2200 USDT – Short-term target for scalpers.
- 0.2774 USDT – Major resistance; breaking above could trigger a rally.
🚀 Trading Strategy:
Long Entry: On a clear bounce from 0.2056 USDT with volume confirmation.
Stop-Loss: Below 0.2010 USDT to avoid liquidity grabs.
Profit Targets:
- 0.2200 USDT – First take-profit for quick gains.
- 0.2500 USDT – Solid mid-term target.
- 0.2774 USDT – Full extension if momentum builds.
📊 Technical Outlook:
- The trend remains bullish as long as support holds.
- Increased volume at support suggests whale accumulation.
- A break below 0.2010 USDT may invalidate the bullish setup.
💡 What to Watch?
- Volume spikes = strong bullish interest.
- Retest of support with a strong bounce = long entry signal.
- Manage risk and avoid FOMO!
EUR/USD Trend Today Trading Day🔔🔔🔔EUR/USD news:
👉Trump confirmed that tariffs on Canada and Mexico will take effect starting Tuesday and revealed plans to double the 10% universal tariff on Chinese imports. This move increases the likelihood of a global trade war, boosting demand for gold as a safe-haven asset.
👉Meanwhile, traders continue to anticipate that the Federal Reserve (Fed) will implement two quarter-point interest rate cuts by the end of the year due to weakening consumer sentiment. As a result, the US Dollar (USD) struggles to extend its three-day rebound from a more than two-month low.
👉At the same time, the Euro (EUR) strengthens as Europe intensifies its diplomatic efforts to achieve peace in Ukraine. This puts additional pressure on the USD while further supporting gold prices, which are denominated in US Dollars.
Personal opinion:
👉At the time of writing, EUR/USD is priced at 1.0400. It is expected that there will be a slight recovery because the RSI (1H) indicator is in the sell zone and will bounce at 1.0360 to maintain the medium-term uptrend.
Analysis:
👉Based on important resistance - support levels combined with trend lines to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy EUR/USD 1.0365 – 1.0355
❌SL: 1.0310 | ✅TP: 1.0410 – 1.0450 – 1.0490
FM wishes you a successful trading day 💰💰💰
EUR/USD Trend Today - Further Upward?🔔🔔🔔EUR/USD news:
👉President Trump has imposed tariffs of 25% on North American trade partners and an additional 10% on China in response to the influx of fentanyl into the US. Speaking to reporters on Monday, he stated, “There’s no room left for Mexico or Canada,” and confirmed that the tariffs would take effect the following day.
👉In response, China has announced retaliatory tariffs on various US agricultural imports, set to take effect on March 10. The escalating trade restrictions between the US, China, and neighboring countries have fueled concerns about a global trade war, posing risks to the global economic outlook.
👉Investors anticipate that Trump’s tariff policies will contribute to inflation in the US economy, as importers are likely to pass higher costs onto consumers.
👉Meanwhile, The Euro is benefiting from Europe’s diplomatic efforts to end the three-year-long war in Ukraine, with leaders, including Ukrainian President Volodymyr Zelenskyy, working on a peace plan. Optimism over a potential truce between Russia and Ukraine has strengthened the Euro’s appeal, as it is expected to restore stability in the Eurozone’s supply chain.
Personal opinion:
👉EUR/USD continues to rise today as news about the trade war makes investors worried
👉Technically, RSI (1H) is entering the extreme zone, need to consider the possibility of a reversal
Analysis:
👉Based on important resistance - support levels and Fibonacci levels combined with SMA to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Sell EUR/USD 1.0460 – 1.0480
❌SL: 1.0425 | ✅TP: 1.0520 – 1.0550 – 1.0600
FM wishes you a successful trading day 💰💰💰