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EUR/USD Trend During US Trading Session – Down Then UpEUR/USD news: 🔆EUR/USD remains under pressure near the 1.0500 mark in early European trading on Friday, weighed down by a broad recovery in the US Dollar. Traders are adopting a cautious approach, avoiding new positions on the pair ahead of the release of preliminary PMI reports for both the Eurozone and the US. 🔆Later in the day, S&P Global will release the US Manufacturing and Services PMI data. If the Services PMI surpasses the market forecast of 53, the USD could gain further strength in response. 🔆Additionally, Germany is preparing for its general election to the Bundestag, the lower house of parliament, on February 23. As a result, investors may look to secure profits toward the end of the European session, potentially pushing EUR/USD lower. Personal opinion: 🔆EUR/USD pair will have a pullback after touching the trend line (4H), besides the market will wait for US PMI so there will be little further breakout. Technical analysis: 🔆Based on resistance - support zones and important Fibonacci levels combined with trend lines to come up with a suitable strategy. Plan: 🔆 Price Zone Setup: 👉Sell EUR/USD 1.0490 – 1.0510 ❌SL: 1.0560 | ✅TP: 1.0450– 1.0400 – 1.0334 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
Xauusd trend in European and American trading sessions - uptrendGold news: 🔆The recent decline in Gold prices appears to be driven by profit-taking as traders adjust their positions ahead of this week's first key economic release from the US – the S&P Global Preliminary business PMIs. 🔆This data could shift market attention back to the Federal Reserve’s stance on interest rate cuts, especially after the January meeting minutes did little to change expectations of two rate reductions this year. The minutes reaffirmed the Fed's cautious approach, stating that "many participants noted that the committee could maintain a restrictive policy rate if the economy remained strong and inflation stayed elevated," particularly in response to Trump’s trade policies. 🔆Despite this, ongoing expectations of two Fed rate cuts in 2025 continue to provide support for non-yielding Gold prices. Any short-term downside reaction to strong PMI data may be limited, as fresh developments regarding US President Donald Trump’s proposed tariffs could emerge, reinforcing safe-haven demand for Gold. 🔆Trump’s tariff discussions, along with geopolitical uncertainties surrounding the Russia-Ukraine peace negotiations, have contributed to Gold’s record-breaking rally. Personal opinion: 🔆The RSI indicator is in the sell zone and will remain until the US session. Therefore, Gold will have a slight decline to gain momentum for the main trend. In general, any decline in gold prices can be considered a buying opportunity in the near future. Technical analysis: 🔆Based on resistance - support zones and important Fibonacci levels combined with trend lines to come up with a suitable strategy. Plan: 🔆 Price Zone Setup: 👉Buy Gold 2918 – 2920 (European session) ❌SL: 2914 | ✅TP: 2925– 2930 – 2940 👉Buy Gold 2905 – 2907 ❌SL: 2899 | ✅TP: 2913– 2920 – 2930 👉Sell Gold 2968 – 2970 ❌SL: 2975| ✅TP: 2963– 2958 – 2950
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Will the AUD/USD uptrend continue today?AUD/USD News: 🔆Recent global trade disputes have bolstered risk-sensitive currencies, leading to an uptick in the Australian Dollar as the US Dollar weakened. The Aussie took advantage of the Greenback's decline, recovering from midweek setbacks and briefly reaching the 0.6399 level, the peak of its monthly range. 🔆With inflation easing in Australia, investors are expecting the Reserve Bank of Australia (RBA) to lower interest rates from 4.35% to 4.10% on Tuesday. However, the RBA might adopt a more hawkish stance by emphasizing ongoing labor-market tightness and lingering inflation risks. 🔆As a result, market participants will be paying close attention to the RBA’s statement, as it remains the last of the G10 central banks yet to cut rates. Personal opinion: 🔆AUD will have a technical pullback phase after approaching the overbought RSI (4H) zone. And bounce back when there is a strong support zone of 0.6300 to maintain the uptrend. Analysis: 🔆Based on the trend line combining resistance - support levels and SMA lines to come up with a reasonable strategy Plan: 🔆Price Zone Setup: 👉Sell AUDUSD 0.6310 – 0.6299 ❌SL: 0.6250 | ✅TP: 0.6350 – 0.6400 – 0.6450 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
5
GBP/USD Strategy for European and American Trading SessionsGBP/USD news: 🔆GBP/USD eased after hitting a two-month high of 1.2674 on Friday, hovering around 1.2670 in Asian trade. However, the pair maintained its strength as the US dollar remained under pressure due to weak jobless claims data and mixed signals from the Federal Reserve. 🔆Minutes of the Fed's January policy meeting showed that some policymakers viewed potential changes in trade and immigration policies as obstacles to deflation, putting pressure on the dollar. 🔆During the Asian session, the yield on the 10-year US Treasury note fell below 4.5%, reducing demand for the dollar and allowing GBP/USD to rise. 🔆As the European session begins on Friday, the UK Office for National Statistics will release January retail sales data. Personal opinion: 🔆Good economic news for the Pound continues to maintain the strength of GBP. In contrast to the bad news from Trump's tariff policy, the dollar has weakened. However, FM believes that there will be a pullback phase as the RSI is diverging after entering the overbought zone earlier. GBP will consolidate and rise again. Technical analysis: 🔆Based on important resistance - support and Fibonacci levels combined with economic information to come up with appropriate strategies. Plan: 🔆 Price Zone Setup: 👉BUY GBP/USD 1.2620 – 1.2635 ❌SL: 1.2575 | ✅TP: 1.2670 – 1.2720 – 1.2800 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
Will GBPUSD continue its uptrend after good economic data?GBP/USD news: 🔆The Pound Sterling edges higher against its major counterparts following the release of the UK's Consumer Price Index (CPI) data for January, which revealed that inflation rose at a faster-than-expected 🔆However, the impact of elevated inflation is unlikely to provide sustained support for the British currency. The Bank of England (BoE) has already indicated in its latest monetary policy statement that inflation may rise temporarily due to increasing energy costs before gradually returning to the 2% target. On Monday, BoE Governor Andrew Bailey stated in an interview with BusinessLine that the anticipated inflation surge is unlikely to be persistent, emphasizing that the economy’s sluggish growth could counter inflationary pressures 🔆Nonetheless, rising inflation could limit the BoE’s ability to implement further monetary easing. Investors will now shift their focus to the UK Retail Sales data for January and the preliminary S&P Global/CIPS Purchasing Managers Index (PMI) figures for February 🔆Meanwhile, renewed concerns over US tariffs could strengthen the US Dollar. On Tuesday, President Donald Trump announced plans to impose a 25% tariff on imports of automobiles, semiconductors, and pharmaceuticals, with the possibility of further increases in the coming year. Such measures could weigh on glob Personal opinion: 🔆GBP will continue to rise in the near future after being supported by positive economic data, although Trump's upcoming tariff policy may increase the strength of the dollar, but in the long term these tariff policies may weaken the dollar. This may make investors consider carefully, causing the dollar to continue to decline in the near future Technical analysis: 🔆Based on important resistance - support levels combined with SMA indicator to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉BUY GBP/USD 1.2600 – 1.2580 ❌SL: 1.2540 | ✅TP: 1.2630 – 1.2700 – 1.2750 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
GOLD Daily, H4, H1 Forecasts, Technical Analysis & Trading IdeasDaily Timeframe: TVC:GOLD has been rising rapidly recently but has almost stopped since February 11, when it hit its uptrend channel line. With the RSI hitting resistance at 77 and showing signs of falling, there is a high probability that a corrective wave is about to begin. Four-hour Timeframe: A rising wedge pattern has formed in the price. As long as the price does not break the resistance at 2955 and the red line of the rising wedge continues upwards, a downward wave is expected to begin. A strong bearish divergence has also formed in the RSI. One-hour Timeframe: A head and shoulders pattern is forming. If the price can break the neckline downward and the blue trend line of the rising wedge is also broken, the probability of a downward wave will be very high.
FX:XAUUSDShort
by Navid_Jafarian
6
Buy the Dip: TEM is a Resilient AI Healthcare Pick for 2025Tempus AI NASDAQ:TEM is presenting a compelling investment opportunity as we move into 2025. This health tech company, focused on leveraging AI for precision medicine, has weathered a recent downturn and is showing strong signs of recovery. After a 4 week correction that presented a chance to buy at a discount, TEM has finally shown the ability to rally. This recovery makes it a particularly interesting prospect for several reasons: 1. AI's Continued Rise: The field of artificial intelligence is advancing at breakneck speed, and Tempus is at the forefront of applying these advancements to healthcare. Their work in areas like genomic sequencing and data analysis for personalized treatment plans positions them exceptionally well to capitalize on this megatrend. 2. Weathering the Political Storm: Tempus's core business is less vulnerable to possible tariffs that may be introduced by incoming President Trump. Healthcare, particularly innovative approaches to disease treatment, remains a critical sector regardless of the political landscape. Furthermore, Tempus' customers being mostly internal U.S. customers provides further resilience in the face of possible tariffs. 3. Technical Rebound: As the attached chart illustrates, TEM is in the midst of a technical bounce back. The recent price action suggests that the sell-off may be overdone, and the stock is finding support at current levels. The upward sloping support and resistance lines indicate a potential 40-80% gain if TEM can continue to show resilience in the face of selling pressure. The stock currently trades below it's 20 day EMA, but the recent rally shows that it could potentially find support along this average before continuing to trend upwards. In Conclusion: Tempus AI offers a unique combination of growth potential in a rapidly expanding sector, resilience to potential political headwinds, and a technically attractive entry point. While all investments carry risk, TEM's current profile suggests it's a stock worth serious consideration for gaining exposure to the intersection of AI and healthcare in 2025, especially at these highly discounted prices. Disclaimer: This is not financial advice. Conduct your own research before making any investment decisions. Remember, Patience is Paramount.
NASDAQ:TEMLong
by PatienceIsParamount
Gold Trend in US Trading Session, ATH 3000?• Gold news: 🔆Gold is still on track to break its own new ATH and shows no signs of stopping, as the rally is being driven by the fact that Gold prices are finding support as trade tensions escalate following US President Donald Trump’s announcement on Wednesday that heavy tariffs on a range of products will be imposed next month or even sooner. 🔆The US dollar is struggling to sustain its recent rally as US Treasury yields fall, further boosting demand for the safe-haven metal. 🔆In addition, the minutes of the January FOMC meeting released on Wednesday showed that officials saw significant uncertainty, warranting a cautious approach to any potential rate cuts. 🔆Gold purchasing power remains undiminished amid rising global trade tensions Personal opinion: 🔆Gold price will continue to increase in the coming time, so watch for pullbacks to prioritize buying gold in the short term Analysis: 🔆Based on the trend line combined with information about the tariff war between the United States and related countries. Plan: 🔆 Price Zone Setup: 👉Sell Gold 2969 -2971 (European session) ❌SL: 2976 | ✅TP: 2963 - 2957 – 2951 👉Buy Gold 2950 -2948 ❌SL: 2944 | ✅TP: 2955 - 2960 – 2968
OANDA:XAUUSDLong
by FM-ForexMastermind
1
TONUSD Daily Price chartLooking at this Toncoin (TON/USD) chart, I see a well-defined ascending channel pattern that's been forming since early 2022, with several key technical elements worth noting: Channel Structure & Current Position Price is trading at $3.5686 (+0.67%) TON is currently near the lower boundary of the ascending channel (marked as "Buy Zone" at ~$2.6) RSI (14) is at 27.43, indicating oversold conditions Key Price Points Current support at the lower channel line (~$2.6-2.7 range) Strong horizontal support around $2.7155 Resistance zone at $12-13 (marked in blue rectangle) In mid-term this setup suggests a potential buying opportunity with: Entry Zone: $2.6-2.8 area (where the price meets the lower channel boundary) Stop Loss: Below $2.2 (approximately 15% below entry to account for volatility) Profit Targets: First target: $6.0 (previous resistance level) Second target: $9.0 (previous high marked as point 3) Maximum target: $12-13 zone (upper channel projection) in long temm in 2-3 yaers later i see a bright future for TON's holder!! Please tell me what you think about the future of TON. All the best
CRYPTO:TONUSDLong
by SaberKhEs
TRON is going to the MOON? TRX Weekly forecast & Trading IdeasMidterm forecast: While the price is above the support 0.17000, resumption of uptrend is expected. We make sure when the resistance at 0.27260 breaks. If the support at 0.17000 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 0.20100 on 02/03/2025, so more gains to resistance(s) 0.24740, 0.25800 and maximum to Major Resistance (0.27260) is expected. Take Profits: 0.24740 0.25800 0.27260 0.30099 0.33299 0.45000 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
5
Gold Trading Strategy Today - Will Gold Continue to Fall?Gold News: 🔆The ongoing U.S. tariff disputes with Canada, Mexico, and China have prompted many investors to rethink their strategies, leading to an increased allocation toward Gold. As trade tensions continue to rise, there is mounting concern that the tariff conflict could expand to include the U.S.'s European trading partners. If this scenario unfolds, Gold's role as a safeguard against economic uncertainty will become even more significant. 🔆Furthermore, central banks have been actively buying Gold, with 2024 seeing a record acquisition of 4,974 tonnes, according to the World Gold Council. This unprecedented demand highlights Gold's enduring appeal as a stable investment during times of economic instability. Gold's Technical Outlook: Key Levels and Price Movement 🔆Gold recently settled at $2,882.99 per ounce, marking a slight decrease of nearly 2% as of February 14, 2025. This decline is mainly due to profit-taking just above the important weekly support level of $2,864. Nevertheless, Gold has maintained a seven-week winning streak within a clearly defined 16-month bullish price channel, indicating sustained investor confidence in its safe-haven qualities. Comment: 🔆Gold will have a period of recovery and decline for investors to refer to and bounce back according to the main trend that is still going strong Analysis: 🔆Based on the important Resistance - Support zones and consider based on economic activities and ongoing trade wars Plan: 🔆 Price Zone Setup: 👉Buy Gold 2863 - 2860 ❌SL: 2854 | ✅TP: 2868 - 2875 – 2885 👉Sell Gold 2945 -2943 ❌SL: 2951 | ✅TP: 2938 - 2930– 2920 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
EUR/GBP Upcoming Trend - Strong Sell?EUR/GBP News: 🔆The EUR/GBP pair slips to around 0.8295 during early European trading on Tuesday as the Pound Sterling (GBP) gains strength following the UK employment report. Investors will also be watching Bank of England (BoE) Governor Andrew Bailey's speech and the release of Germany’s ZEW Survey for February later in the day. 🔆According to data from the UK Office for National Statistics, the nation’s ILO Unemployment Rate remained unchanged at 4.4% in the three months leading up to December, outperforming the expected 4.5%. However, the Claimant Count Change rose by 22K in January compared to the previous -15.1K (revised from 0.7K), falling short of the forecasted 10K. Despite the mixed employment data, the GBP maintains its strength. 🔆Earlier in February, the BoE lowered its benchmark interest rate to 4.50% from 4.75%. Policymakers at the UK central bank noted that inflation could reach 3.7% later this year, nearly double the BoE's 2% target. This might prompt the BoE to adopt a more cautious tone regarding further gradual rate cuts. 🔆On the Euro side, the dovish approach of the European Central Bank (ECB) could put downward pressure on the Euro (EUR) against the GBP. The ECB remains comfortable with its plan for three additional rate cuts this year, following a 25 basis points (bps) decrease to 2.75% last month. Personal opinion: 🔆EUR/USD will continue to decline due to the different interest rate policies of the two central banks. In addition, Trump's tariff policy on the UK is less affected than the Euro, which is likely to boost the strength of GBP in the near term Analysis: 🔆Based on important resistance - support levels and Fibonacci combined with basic economic information to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Sell EUR/GBP 0.8310 -0.8330 ❌SL: 0.8360 | ✅TP: 0.8270 – 0.8230– 0.8200 FM wishes you successful trading💰💰💰
Short
by FM-ForexMastermind
1
Waiting for FOMC and the next trend of GoldGold news: 🔆Concerns over renewed tariffs, coupled with the absence of positive outcomes from the US-Russia peace talks excluding Ukraine on Tuesday, have weakened investor confidence, boosting demand for safe-haven assets like gold. 🔆Market participants remain apprehensive about a potential escalation in global trade tensions due to Trump's protectionist policies. Additionally, expectations of further monetary easing by the Federal Reserve continue to support the precious metal. 🔆The disappointing US Retail Sales data released on Friday, along with mixed inflation signals, indicate that the Fed might consider cutting interest rates in its September or October meeting. 🔆Consequently, investors will closely monitor the Fed's January meeting minutes for insights into the central bank’s rate trajectory and its impact on the non-y Personal opinion: 🔆Gold will have a decline above 2900, then continue to maintain the upward momentum due to fundamental and technical factors. There will be a new ATH this week Analysis: 🔆Based on fundamental analysis - geopolitics combined with SMA and important resistance - support zones to come up with a suitable strategy Plan: 🔆 Price Zone Setup: Sell Gold 2974 - 2976 ❌SL: 2981 | ✅TP: 2970 - 2963 – 2955 👉Buy Gold 2903-2905 ❌SL: 2898 | ✅TP: 2910 - 2915– 2925 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
UK100 (FTSE)-Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: 8380.25 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: A trough is formed in daily chart at 8006.10 on 12/20/2024, so more gains to resistance(s) 8833.83, 9000.00, 9100.00 and more heights is expected. Take Profits: 8664.21 8765.00 8833.83 9000.00 9100.00 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
ICMARKETS:UK100Long
by ForecastCity
28
Next Direction of EURUSD This WeekEUR/USD News: 🔆The US Dollar (USD) fluctuated in response to shifting market sentiment, initially rising on risk-aversion as US President Donald Trump signaled a new wave of tariffs before the market opened. On Tuesday, the White House implemented a 25% tariff on all steel and aluminum imports into the US, with no exemptions. 🔆This sparked concern across the FX market, boosting demand for the safe-haven Greenback. However, the USD's strength was short-lived as weaker US economic data and positive news headlines led to its decline against other currencies. 🔆Moreover, the lack of specifics and the postponement of the new tariffs maintained a positive outlook in financial markets, allowing EUR/USD to reach new highs. Meanwhile, Federal Reserve Chairman Jerome Powell reiterated the Fed's hawkish stance, while European Central Bank officials indicated the possibility of further rate cuts in the coming months. 🔆To end the week, the US reported a 0.9% drop in January Retail Sales, significantly worse than the expected -0.1%. Conversely, December's figure was revised upward to 0.7% from the initial estimate of 0.4%. This disappointing report added more pressure on the USD. Personal opinion: 🔆EURUSD will continue to increase gradually until there is a new fluctuation from the Fed and BOE's key list. And it is important to prioritize reviewing President Trump's tax policy to be able to grasp the market. Technical: 🔆Based on basic information about the US economy and tax policy with other countries 🔆Based on trend lines and lake support - Resistance to come up with suitable strategies Plan: 🔆Price Zone Setup: 👉Sell EURUSD 1.0600 – 1.0615 ❌SL: 1.0660 | ✅TP: 1.0550 – 1.0500– 1.0440 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
Statistically Probable that Bitcoin Has NOT Topped YetBitcoin: No Statistical Evidence of a Top Yet 🚀 Based on the analysis using the indicator: Statistically Extreme Areas by Apex Algo Systems, there is no confirmation that Bitcoin has reached a market top at this time. This indicator is designed to identify historically extreme conditions, signaling when price action is statistically overextended. 🔍 Key Observation: Unlike previous cycle tops, where extreme readings were clearly registered, the current market environment has not yet reached those levels. This suggests that Bitcoin may still have room to run before hitting an exhaustion point. 📊 What This Means for Traders & Investors: ✅ Momentum Still Intact – No statistical evidence of a peak. ✅ Potential for Further Upside – Historically, markets tend to top only after hitting extreme conditions. ✅ Caution & Confirmation Needed – While no extreme has been detected, market conditions can change, and risk management remains essential. ⚠️ Disclaimer: This is not financial advice. Historical probabilities do not guarantee future results. Always conduct your own research before making trading decisions. What do you think? Could Bitcoin be headed higher? Let’s discuss! 👇 🚀
INDEX:BTCUSDLong
by QTXAlgoSystems
GOLD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: 2789.95 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 2789.95 is broken. Technical analysis: A peak is formed in daily chart at 2942.55 on 02/11/2025, so more losses to support(s) 2879.11, 2833.00 and minimum to Major Support (2789.95) is expected. Supports and Resistances: 3000.00 2942.55 2879.11 2833.00 2726.10 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
FX:XAUUSDLong
by ForecastCity
30
UK100 (FTSE)-Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: 8380.25 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: The ascending flag taking shape suggests we will soon see another leg higher. A trough is formed in daily chart at 8006.10 on 12/20/2024, so more gains to resistance(s) 8664.21, 8765.00, 9000.00 and more heights is expected. Take Profits: 8083.43 8183.03 8242.89 8380.25 8485.05 8664.21 8765.00 9000.00 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
ICMARKETS:UK100Long
by ForecastCity
20
NZDCAD - D, H4, H1 forecast, Technical Analysis & Trading IdeasMidterm forecast: While the price is above the support 0.79427, beginning of uptrend is expected. We make sure when the resistance at 0.82009 breaks. If the support at 0.79427 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 0.80285 on 02/12/2025, so more gains to resistance(s) 0.81380 and maximum to Major Resistance (0.82009) is expected. __________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
20
Bullish zone - continue towards old ATH - scalping⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) surges again, nearing $2,920 on Thursday, as traders dismiss the impact of January's US inflation data. They also seem unfazed by reports of an upcoming meeting between US President Donald Trump and Russian President Vladimir Putin to discuss a potential peace deal. Despite these factors, gold continues its strong rally, highlighting traders' confidence in the safe-haven asset. ⭐️ Personal comments NOVA: Gold is currently accumulating in the European session at 2910-2920, waiting for the next uptrend. Waiting for BUY entry at 2908. ⭐️ SET UP GOLD PRICE: 🔥 BUY GOLD zone: $2908 - $2906 SL $2903 TP1: $2912 TP2: $2916 TP3: $2922 ⭐️ 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