Will Gold Recover After Dropping to Fibo 0.618 Level ($2717) ?🔆 Gold News:
Gold (XAU/USD) edged lower after hitting its highest since December 12 in early European trading on Tuesday but closed down at $2,717. The US dollar (USD) rebounded from a two-week low on Monday, on hopes that US President Donald Trump’s protectionist policies could boost inflation and prompt the Federal Reserve to maintain its dovish stance. Falling bond yields also contributed to gold’s gains
🔆 FM Opinion
Gold corrected lower in European trading to the 0.618 Fibonacci level ($2,717) and rebounded sharply, indicating that buying demand remains strong. The next target will be the 1.618 Fibonacci level ($2,740) which will intersect the 4H trendline.
Thank you for reading my comment: "FM"
Longterm
Gold price analysis according to trendline and Fibonacci🔆 Gold prices have risen significantly following the inauguration of US President Donald Trump.
🔆 The increase is attributed to a weaker US dollar as markets assess the impact of economic policies during President Trump's second term. The US dollar fell about 1% after reports that any new taxes would be "moderate". The weakening of the US dollar makes gold more attractive to foreign investors.
🔆 Some of President Trump's policies could lead to higher inflation in the long term, which would continue to support safe-haven assets such as gold.
🔆 However, it is important to note that President Trump's policies, while likely to boost inflation, could also prompt the US Federal Reserve to maintain or raise interest rates, affecting the appeal of gold. Gold typically thrives in a low-interest-rate environment.
🔆 Overall, gold prices are reacting positively to current political and economic developments, especially the new administration's trade and fiscal policies.
🔆Analysis:
Based on Fibonacci, Trendline, resistance - support zones to come up with a reasonable method
🔆Price Zone Setup:
👉 Buy XAU 2700 – 2702
❌SL: 2695 | ✅TP: 2708 - 2716 – 2724
👉SELL XAU 2740-2742
❌SL: 2746 | ✅TP: 2735 - 2729 - 2720
Thank you for reading my comment: "FM"
Canada CPI to be released soon, USD/CAD currency pair trend🔆The USD/CAD currency pair is being influenced by important economic and political developments.
🔆US President Donald Trump has announced that he is considering imposing a 25% tariff on goods imported from Canada and Mexico. But instead of taking effect immediately, the policy could take effect in February. The announcement immediately sent the USD sharply lower, giving CAD a breather.
🔆Canada’s December CPI inflation data will be released today. If inflation rises higher than expected, this could support the CAD and affect the trend of the USD/CAD pair.
🔆Technical Analysis:
The USD/CAD pair is currently trading around 1.444. The Relative Strength Index (RSI) remains in favor of the bulls. The pair is likely to test the 200-EMA at 1.440 before continuing to bounce towards the 1.45 area. In the near future, the market is waiting for Canada's CPI information for further assessment. Moreover, the US tariff policy will strongly affect the trend of this currency pair in the coming time.
🔆Advice:
Investors should closely monitor economic and political information, especially decisions related to tariffs and inflation data, to have a suitable trading strategy for the USD/CAD pair.
Thank you for reading my comment: "FM"
NEOGEN retest doneThe stock looks strong despite the overall negative market structure.
It has successfully broken out (BO), and the retest has been completed.
The fundamentals also appear to be solid.
For those considering a long-term investment, this might be a good opportunity to add to your position.
The ascending triangle formation following the breakout adds an interesting element to the analysis.
D.Trump officially becomes US President , a Big bang for Gold? Gold prices continued to fall below $2,700 during the Asian session on Monday. Among the factors driving the decline were higher US Treasury yields, easing tensions between Israel and Gaza, and the market awaiting the inauguration of US President Donald Trump.
Investors are waiting for President Trump to issue the first order on the US President's diamond so they can make specific investments.
Technically:
Determined based on the H4 time frame and following the trend line as follows:
Resistance: $2724, $2748
Support: $2660, $2635
Price Zone Setup:
👉 Buy XAU 2686-2684 (Asia-Europe Session)
❌SL: 2679 | ✅TP: 2691 - 2698 – 2710
👉 Buy XAU 2662-2660
❌SL: 2654 | ✅TP: 2668 - 2674 – 2780
👉SELL XAU 2748-2750
❌SL: 2755 | ✅TP: 2742 - 2737 - 2730
Thank you for reading my comment: "FM"
XRP macro analysis ⏰ ripple ✴️As predicted case win to bottom everything got completed 🚀
BITSTAMP:XRPUSD from 2021 announced everything on track 😏
Here macro analysis on RIPPLE ✴️ BINANCE:XRPUSDT ....... Long term 📌 #DYOR
Buy :: $0.35 - $0.55 ( use only 70-80% liquid 💰 )
Sell :: $3 - $6 - $9 ( I am not expecting more than these )
#imo ( in my opinion ) -->> my personal target is $6
Let's talk about TECHNICAL ANALYSIS there n number of charts 📉 avilable with me to provide but simple way i provided here 😃 different ways of working charts will be provided below 👇
26 BARs from top 🔝 bull 🐂 run trend line formation was broken 😂 same still going 3rd time
But there was negative sign bcs still price doesn't breach $1
This is the main reason I said used only 70-80% liquid 💰
Here my backup plan on BITSTAMP:XRPUSD using remaining liquid 💰 30-20%
BUY :: $0.045 - $0.0856
Sell :: $0.4 - $0.6 ( i will close when it shows my liquid )
Very less chances are there to get active negative scenario 📌
Note 📌 i will update under post any news 🗞️ or qucik move on price & every time crucial update
Chart updates every 3-6 months
So make shure following article also update you whenever I am updating it 🤍
Giving boosting 🚀 is ur responsibility updating is my responsibility 😏
I keep wave , liquid supply and demand etc ... Charts 📉 🧵 👉
BTC - Welcome to Phase 2Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
1️⃣In the previous cycle, BTC broke above its red range during the first parabolic impulse.
2️⃣It then consolidated within a range for a few days before beginning the second impulse.
💡 Can you spot a pattern here?
"History doesn’t repeat itself, but it often rhymes."
~ Mark Twain
2️⃣If we follow the previous cycle and history follows a similar rhythm, we may currently be setting up for phase 2.
📈Confirmation would come from a breakout above the blue range.
📚Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
~Richard Nasr
XAU SCALPING ! Resistance 2712 entry SELL ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The yield on the benchmark 10-year US Treasury bond continued to pull back from the 14-month high reached on Monday, pushing the US Dollar to a one-week low. However, investor confidence that the Federal Reserve will pause its rate-cutting cycle later this year has renewed demand for the USD, limiting gains for XAU/USD. Richmond Fed President Tom Barkin acknowledged progress toward the central bank's 2% inflation target in recent data but emphasized the need to maintain restrictive interest rates.
⭐️Personal comments NOVA:
Uptrend continues today - scalping sell short resistance zone 2712
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2712 - $2714 SL $2717
TP1: $2708
TP2: $2703
TP3: $2695
⭐️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
UNITECHi Observed these Levels based on Price Action and Demand & Supply which is my own Concept "PENDAM CONCEPTS"... this is just Penny Stock Experiment Only, Please don't take any trades based on this chart/post... Because this chart is for educational purpose only not for Buy or Sell Recommendation... Thank Q
Comments on gold price and CPI todayComment:
Gold prices have recovered from their lows this week as weak US PPI data boosted expectations of a Fed rate cut.
Meanwhile, potential tariffs proposed by Trump could weigh on inflation dynamics, weighing on gold prices and market sentiment.
The rebound was driven by hopes of a looser monetary policy, with attention shifting to the CPI report later today. A weaker CPI reading could further bolster the case for a rate cut.
Market sentiment and inflation:
Gold is often seen as a safe-haven asset and a hedge against inflation. If CPI declines significantly, this could reduce demand for gold as a hedge against inflation. However, if CPI declines are accompanied by signs of economic uncertainty, gold prices could still rise due to safe-haven sentiment.
Synthetic:
• If CPI declines amid a healthy economy and a stronger US dollar, gold prices could fall.
• If CPI falls along with expectations of Fed easing or concerns about a weakening economy, gold prices could rise.
Set Gold price range:
Buy Gold Range: $2647 - $2645 SL: $2640
TP1: $2652
TP2: $2657
TP3: $2662
Sell Gold Range: $2685 - $2687 SL $2691 ( European sessions )
TP1: $2680
TP2: $2676
TP3: $2670
Sell Gold Range: $2697 - $2699 SL $2704
TP1: $2692
TP2: $2687
TP3: $2680
ATH is Ready to Break Out? TSX:ATH is showing a solid accumulation zone between $0.061 and $0.068, with strong support around the 0.618 Fibonacci level ($0.061).
If ATH can maintain this range and successfully break the upper trend resistance, a bullish move could be on the horizon! 🚀
Stay patient and manage your risks!
DYOR & NFA
#Crypto #Altseason2025
Bulls - Gold price increases! 2698⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices remain resilient despite elevated US real yields, which hover around 2.34%.
The US Dollar softened following the data release, with the Dollar Index (DXY) slipping 0.26% to 109.21. Meanwhile, the US 10-year Treasury bond yield held steady at 4.794%.
In December, the US Producer Price Index (PPI) rose 3.3% year-over-year, slightly below the anticipated 3.4%. Excluding volatile components, Core PPI increased by 3.5% annually, improving from November’s figures but falling short of the 3.8% forecast.
⭐️Personal comments NOVA:
Expected increase 2698, buying pressure is supported, sideway price zone 2670 to accumulate
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2647 - $2645 SL $2640
TP1: $2652
TP2: $2660
TP3: $2670
🔥SELL GOLD zone: $2697 - $2699 SL $2704
TP1: $2690
TP2: $2680
TP3: $2670
🔥SELL GOLD zone: $2684 - $2686 SL $2689 scalping ( Asian and European sessions)
TP1: $2678
TP2: $2674
TP3: $2668
⭐️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 adjusted down waiting for PPI today⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) saw some buying interest during the Asian session on Tuesday, recovering part of the previous day's pullback from near a one-month high reached last week. Reports suggesting that US President-elect Donald Trump's economic team is considering a gradual implementation of tariffs to avoid a sharp rise in inflation led to a slight retreat in US Treasury bond yields, offering support to the non-yielding metal. However, the recovery lacks a clear catalyst and is likely to remain limited due to expectations of a hawkish stance from the Federal Reserve (Fed).
⭐️Personal comments NOVA:
Short-term frame - need to adjust down to create liquidity, sideway has enough strength to increase more strongly
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2646 - $2644 SL $2639
TP1: $2652
TP2: $2660
TP3: $2670
🔥SELL GOLD zone: $2697 - $2699 SL $2704
TP1: $2690
TP2: $2680
TP3: $2670
🔥SELL GOLD zone: $2678 - $2680 SL $2683 scalping Asian and European sessions
TP1: $2674
TP2: $2670
TP3: $2665
⭐️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
US PPI news is the focus of market attention today.Gold prices gain slight upward momentum as US bond yields experience a modest pullback.
However, expectations of a hawkish Federal Reserve support USD strength, limiting gold's upward potential.
The robust US Nonfarm Payrolls (NFP) report released on Friday has strengthened predictions of a slower pace of rate cuts this year, boosting US bond yields and the USD. This continues to pressure the non-yielding gold market. Investors are now focusing on the upcoming release of the US Producer Price Index (PPI) for short-term direction later in the North American trading session.
SET GOLD PRICE
Buy Gold price range : $2646 - $2644 SL: $2639
TP1: $2651
TP2: $2658
TP3: $2665
Sell Gold price range : $2697 - $2699 SL: $2704
TP1: $2690
TP2: $2683
TP3: $2673
Building Long Position in UPROBased on my technicals, UPRO begun trading at a discount level after last Friday's close (weekly candle). I look at price in a specific format using the RSI indicator.
Price trading below 50 level = discount , price about 50 = premium. So currently UPRO is at a discount for my liking and I've begun investing some capital here.
Current upside to previous highs is about 20% ROI, so if price continues to head bearish I will continue to DCA (dollar-cost average) down and lower my cost-basis.
Personal opinion for today's European trading sessionCanadian Prime Minister Justin Trudeau said on Sunday that Canada is ready to respond with retaliatory tariffs against the United States if President-elect Donald Trump carries out his threat to launch a trade war in North America. This has led to concerns about Trump's trade policy gradually gaining confidence from many investors, although the NFP news last weekend was beneficial to the dollar, but the price of gold still rose sharply.
Personal opinion:
In the upcoming trading session in Europe, gold will rise back to 2700, then review the situation
Setting price zone:
🔔🔔🔔 BUY GOLD $2683_ $2685↗️↗️↗️
❌ SL: $2678
✅ TP1: $2690
✅ TP2: $2697
Gold Price Prediction Before and After NFP NewsAnalysis:
Gold prices continued to rise for the fourth consecutive day despite the continued strength of the US dollar (USD) and US Treasury yields. Concerns about the possibility of inflation from President-elect Donald Trump's upcoming trade and immigration policies have boosted the appeal of gold as an inflation hedge and a safe-haven asset.
The yield on the 10-year US Treasury note hit an eight-month high above 4.68%, somewhat limiting the upside in non-yielding gold.
The market also maintained a risk-off attitude and did not bet on gold amid the usual cautiousness ahead of the NFP
A weaker-than-expected NFP could prompt the Fed to consider another rate cut, fueling the ongoing gold rally. Conversely, if the NFP news is stronger than expected, this could increase the Fed's hawkish bets, signaling a strong bearish trend for gold prices.
Personal prediction:
Gold price before NFP news could reach $2690 or even further to the psychological level of $2700, so consider buying these two targets
The market is very volatile after the news, so wait for the market reaction
Setting price range
BUY GOLD $2668_ $2670 SL: $2662
TP1: $2675
TP2: $2680
TP3: $2689
SELL GOLD $2719 – $2721 SL: $2726
TP1: $2715
TP2: $2710
TP3: $2705
Novo Nordisk's The recent drop in Novo Nordisk's stock price is attributed to several factors. A key issue is the company’s struggle to meet the surging demand for its weight-loss drugs, such as Wegovy. Although demand remains strong, investors are concerned about Novo Nordisk's ability to scale up production and deliveries, which is creating downward pressure on the stock.
Additionally, some recent financial results failed to meet Wall Street expectations. Despite revenue growth in key product categories, overall revenues in some reports came in below forecasts. This underperformance has contributed to a negative investor sentiment.
However, analysts emphasize that Novo Nordisk's core products remain in high demand, and the company has significant long-term growth potential if it addresses its supply chain and production challenges
Gold news summary yesterday and today; Personal opinionNEWS: XAU/USD
Gold News Yesterday and Today
Gold prices fell on Thursday as rising yields and a stronger US dollar weighed on investors, while investors awaited US data for more clarity on the Federal Reserve's interest rate stance for 2025. And markets are looking ahead to tomorrow's US jobs report
The ADP National Employment Report showed US private payroll growth slowed sharply a month ago to 122,000 from 146,000 in November 2024.
Trump took office on January 20, with investors anticipating that the tariffs and protectionist policies he proposed are expected to boost inflation.
Summary
Personal opinion: Gold prices are expected to rise slightly today due to the influence of yesterday's ADP news, plus the US bond yields are falling slightly. The market is a bit volatile today in preparation for more data to be released tomorrow, especially the NF news.
Price Setup
Buy Gold Zone: $2660-$2662 SL$2655
TP1: $2670
TP2: $2675
TP3: $2680
Bulls Dominate - Long Frame Uptrend⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edge lower during Thursday’s Asian session, retreating from the four-week high near $2,670 reached the previous day. The US Dollar (USD) remains strong, hovering near its two-year peak following the Federal Reserve's (Fed) hawkish stance. The Fed signaled a slower pace of rate cuts in 2025, citing a resilient US economy, a robust labor market, and persistent inflation pressures, which weigh on the appeal of the non-yielding yellow metal.
However, concerns over President-elect Donald Trump’s protectionist trade policies and ongoing geopolitical risks provide some support for Gold’s safe-haven demand. A slight pullback in US Treasury yields has limited aggressive USD buying, further helping to cushion Gold’s decline. Traders remain cautious ahead of Friday’s release of the US Nonfarm Payrolls (NFP) report, which could offer fresh directional cues for the XAU/USD.
⭐️Personal comments NOVA:
Long term frame is still showing uptrend, buyers are dominant
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2636 - $2634 SL $2629
TP1: $2645
TP2: $2652
TP3: $2660
🔥SELL GOLD zone: $2684 - $2686 SL $2691
TP1: $2675
TP2: $2660
TP3: $2650
⭐️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
SCALPING XAU ! 2664 resistance gets strong on news⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
US Treasury bond yields and the US Dollar surged on Tuesday following robust US economic data, reinforcing expectations that the Federal Reserve will adopt a slower pace for rate cuts this year.
The Institute for Supply Management reported an increase in its Non-Manufacturing Purchasing Managers' Index (PMI) to 54.1 in December, with the Prices Paid component reaching its highest level in nearly two years.
Meanwhile, the JOLTS report revealed an unexpected rise in job openings, climbing to 8.098 million at the end of November from 7.839 million previously.
⭐️Personal comments NOVA:
Gold price is on a good uptrend, surpassing the 2650 mark. Resistance 2664 will be the next target.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2664 - $2666 SL $2669 scalping
TP1: $2658
TP2: $2654
TP3: $2645
⭐️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
dione long buy"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"