GBP/ NZD !! 15/2/2024 break the DOWN trend⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
Break the trend Down in H1 frame, test the trend. Price moves towards the support zone. Set up BUY signal
⭐️ SET UP GBP/NZD PRICE:
🔥BUY GOLD zone: 2.06550 - 2.05350 SL 2.06050
TP1: 2.06850
TP2: 2.07150
TP3: 2.07550
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. test trend DOWN
⭐️ 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
Longtrade
ROSEUSDTROSEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
CADJPY!! 12/2/2024 BUY signal support zone⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
CAD JPY is in a nice rising trendline, trading stably on the EMA lines, touching the nearest support zone, setting up a BUY signal.
⭐️ SET UP CADJPY PRICE:
🔥BUY zone: 110.450 - 110.300 SL 109.800
TP1: 110.700
TP2: 111.000
TP3: 111.300
⭐️ 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
Risking 1.5% in Dr LAL PATH LABS for the reward of 7.5%Dr Lal PathLabs net profit zooms 54% to Rs 81.3 crore in Q3. Yet the stock is consolidating in the same place for a week, even NSE:CNXPHARMA is trading at the ATH. This might be a very good chance to enter at below price of 2400 (2394) with 1.5% stoploss.
Natural Gas / XNG Porjection Natural Gas prices traded near the July 2020 low and also the same low placed in March 2016. But the Point of interest is that the price rebounds from that level, so it's a good time to initiate long positions but partially till 1.50. Its long-term setup holds it .it could be the best trade of 2024 good luck.
HOOK/USDT 2x Potential HOOK breaks the wedge. Two trades can be entered with a pullback towards the wedge. Additionally, a long trade can be made when the candle close is above 1.05. Horizontal lines are possible TP points.
These are my personal transactions, they do not contain any investment advice.
GICRE go long ifit crosses 337.75
entry @ 337.80
stop loss: 295.55 (12.5% risk involved)
target: 422.30 (25% reward with a risk of 12.5%)
buy this stock only one can handle risk of 12.5%
this is my stock idea and i am entering in it with 12.5% risk, if one cannot handle 12.5% risk please do not enter into it.
I am no SEBI registered individual , please do your own analysis before entering into it.
ROSE | A potential upside and clear long entry As you can see from the chart, rose had a V shaped recovery and currently looking at the correction toward the next support.
next support is at 0.10436. we can expect the price to hit this range and bounce back.
You can enter a long position now and average the entry at 0.10436.
Entry Price: 0.10676 - 0.10436
StopLoss: 0.09496
TP1: 0. 11146
TP2: 0.11786
TP3: 0.12937
TP4: 0.14493
Always keep stoploss.
Like and follow us for more ideas. Thanks
Cheers
GreenCrypto
NF opportunities for Gold prices to continue flying high⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) is experiencing a rapid recovery during the early New York session on Thursday. The downward movement in the price of gold continues to receive strong support as investors are aware that there is a possibility of rate cuts by the Federal Reserve (Fed) this year. In his statement on monetary policy, Fed Chair Jerome Powell expressed little interest in speculating about rate cuts, stating that policymakers are still not convinced that underlying inflation will consistently reach the target of 2%. As a result of Jerome Powell's remarks, expectations of rate cuts in March have been dampened, causing investors to shift their focus to the policy meeting in May, where the first rate cut of this cycle may occur.
As we move forward, the outlook for inflation will be influenced by factors such as labor market conditions, consumer spending, and economic growth. These factors will shape the expectations for future rate cuts.
Meanwhile, investors are eagerly awaiting the release of January's Institute for Supply Management's (ISM) Manufacturing PMI and the Nonfarm Payrolls (NFP) data. If the employment and wage growth data turn out to be higher than expected, it could diminish the likelihood of a rate cut at the Fed's monetary policy meeting in May.
⭐️ Personal comments NOVA:
The price of gold continues the stability of the UP trend, today NF news is an extremely important news that is expected to continue to help Gold have a higher position.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2034 - $2036 SL $2028 // Pay attention to the $2047 support zone
TP1: $2042
TP2: $2050
TP3: $2060
🔥SELL GOLD zone: $2068 - $2070 SL $2075// Pay attention to the $2087 resistance zone
TP1: $2060
TP2: $2054
TP3: $2048
⭐️ 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
Next week is very volatile with federal interest rate news! XAU✍️ NOVA hello everyone, Let's comment on gold price next week from 29/1 - 2/2/2024
🔥 World situatio and Identify:
Next week, we will wait for a lot of very important news such as: CB Consumer Confidence, NF, Employment Cost Index q/q, pmi, verage Hourly Earnings m/m... and especially will announce the extremely impressive Federal Funds Rate. important for the US economy in early 2024.
With the assumption that interest rates will remain the same or REDUCE, helping to limit Inflation. One factor has a positive impact on Gold prices, along with expectations of Gold growth this week
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2027, $2035, $2056, $2087
Support : $2010, $1995, $1976
🔥 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
Gold price is in an increasing trend!! XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is attracting some buying interest for the fourth consecutive day on Thursday and is moving closer to a two-week high around the $2,056 level reached the previous day. The US Dollar (USD) is struggling to take advantage of the rebound after the Federal Open Market Committee (FOMC) meeting, as US Treasury bond yields continue to decline. Additionally, ongoing geopolitical tensions in the Middle East and China's economic challenges are providing support to the safe-haven commodity. However, the Federal Reserve's less dovish stance on interest rates may limit the gains in gold.
Investors are now focusing on Thursday's busy economic calendar, which includes the release of flash Eurozone consumer inflation data and the US ISM Manufacturing PMI, for potential market-moving events. Furthermore, the monetary policy decision from the Bank of England (BoE) could introduce volatility into the markets. Factors such as US bond yields, the movement of the US Dollar, and overall risk sentiment will also play a role in creating short-term trading opportunities in the gold market. Following these events, attention will shift towards the highly anticipated US monthly employment report.
⭐️ Personal comments NOVA:
Gold prices continue to be in a long-term uptrend, with selling pressure following the result that interest rates will not be reduced in March, but war tensions in the world are still supporting Gold.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2017 SL $2008
TP1: $2022
TP2: $2030
TP3: $2040
🔥BUY GOLD zone: $2039 - $2041 SL $2036 Scalping
TP1: $2044
TP2: $2048
TP3: $2053
🔥SELL GOLD zone: $2058 - $2060 SL $2065
TP1: $2053
TP2: $2048
TP3: $2040
⭐️ 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
MBV-SP500-CLIMBER: METAIntroduction:
This trading idea is based on a Long-Only strategy that utilizes the Dynamic Movement Index (DMI), supplemented by the Average Directional Index (ADX) and an Average True Range (ATR)-based Trailing Stop-Loss.
Strategy Overview:
Main Indicators: DMI, ADX, ATR
Time Frame : Variable, based on the DMI length (Default: 14 days)
Objective: To take long-term positions in bullish market phases
Optional Trading Hours and Seasonality:
Yellow Background (Trading Days) : Positions are only opened on trading days highlighted with a yellow background on the chart.
Blue Background (S&P 500 Seasonality) : Positions are only opened during periods highlighted with a blue background on the chart.
Strategy Details:
ADX and DMI : A Long signal is generated, taking into account the optional trading hours and seasonality, when the ADX exceeds a defined threshold and the positive DMI is greater than the negative DMI. This indicates a strong upward movement.
ATR-based Trailing Stop-Loss : The Stop-Loss is dynamically set with a multiplier of the ATR value below the current price and updated to secure profits.
The strategy script is available for free on TradingView.
You can find it under the name: "MBV-SP500-CLIMBER"
Please share your optimizations with the TradingView community by leaving comments under the script.
Please provide feedback on the strategy, especially on the trading signals, in the comments.
---
Einleitung:
In dieser Handelsidee beruht auf einer Long-Only-Strategie, die auf dem Dynamic Movement Index (DMI) basiert, ergänzt durch den Average Directional Index (ADX) und einen Average True Range (ATR)-basierten Trailing Stop-Loss.
Strategie-Überblick:
Hauptindikatoren : DMI, ADX, ATR
Zeitfenster : Variable, basierend auf der DMI-Länge (Standard: 14 Tage)
Ziel : Langfristige Positionen in bullishen Marktphasen
Optionale Handelszeiten und Saisonalität:
Gelber Hintergrund (Handelstage): Positionen werden nur an den im Chart mit einem gelben Hintergrund hervorgehobenen Handelstagen eröffnet.
Blauer Hintergrund (S&P 500-Saisonalität): Positionen werden nur während der im Chart mit einem blauen Hintergrund hervorgehobenen Zeiträume eröffnet.
Strategie-Details:
ADX und DMI : Ein Long-Signal wird unter Berücksichtigung der optionalen Handelszeiten und Saisonalität generiert, wenn der ADX einen definierten Schwellenwert überschreitet und der positive DMI größer ist als der negative DMI. Dies signalisiert eine starke Aufwärtsbewegung.
ATR-basierter Trailing Stop-Loss : Der Stop-Loss wird dynamisch mit einem Multiplikator des ATR-Wertes unter dem aktuellen Preis gesetzt und aktualisiert, um Gewinne zu sichern.
Das Strategie-Skript ist auf TradingView kostenlos verfügbar .
Sie finden Sie unter dem Namen: "MBV-SP500-CLIMBER"
Bitte teilen Sie Ihre Optimierungen mit der TradingView-Community, indem Sie Kommentare unter dem Skript hinterlassen.
Bitte geben Sie Feedback zur Strategie, insbesondere zu den Handelssignalen, in den Kommentaren.
MBV-SP500-CLIMBER: GOOGIntroduction:
This trading idea is based on a Long-Only strategy that utilizes the Dynamic Movement Index (DMI), supplemented by the Average Directional Index (ADX) and an Average True Range (ATR)-based Trailing Stop-Loss.
Strategy Overview:
Main Indicators: DMI, ADX, ATR
Time Frame : Variable, based on the DMI length (Default: 14 days)
Objective: To take long-term positions in bullish market phases
Optional Trading Hours and Seasonality:
Yellow Background (Trading Days) : Positions are only opened on trading days highlighted with a yellow background on the chart.
Blue Background (S&P 500 Seasonality) : Positions are only opened during periods highlighted with a blue background on the chart.
Strategy Details:
ADX and DMI : A Long signal is generated, taking into account the optional trading hours and seasonality, when the ADX exceeds a defined threshold and the positive DMI is greater than the negative DMI. This indicates a strong upward movement.
ATR-based Trailing Stop-Loss : The Stop-Loss is dynamically set with a multiplier of the ATR value below the current price and updated to secure profits.
The strategy script is available for free on TradingView.
You can find it under the name: "MBV-SP500-CLIMBER"
Please share your optimizations with the TradingView community by leaving comments under the script.
Please provide feedback on the strategy, especially on the trading signals, in the comments.
---
Einleitung:
In dieser Handelsidee beruht auf einer Long-Only-Strategie, die auf dem Dynamic Movement Index (DMI) basiert, ergänzt durch den Average Directional Index (ADX) und einen Average True Range (ATR)-basierten Trailing Stop-Loss.
Strategie-Überblick:
Hauptindikatoren : DMI, ADX, ATR
Zeitfenster : Variable, basierend auf der DMI-Länge (Standard: 14 Tage)
Ziel : Langfristige Positionen in bullishen Marktphasen
Optionale Handelszeiten und Saisonalität:
Gelber Hintergrund (Handelstage): Positionen werden nur an den im Chart mit einem gelben Hintergrund hervorgehobenen Handelstagen eröffnet.
Blauer Hintergrund (S&P 500-Saisonalität): Positionen werden nur während der im Chart mit einem blauen Hintergrund hervorgehobenen Zeiträume eröffnet.
Strategie-Details:
ADX und DMI : Ein Long-Signal wird unter Berücksichtigung der optionalen Handelszeiten und Saisonalität generiert, wenn der ADX einen definierten Schwellenwert überschreitet und der positive DMI größer ist als der negative DMI. Dies signalisiert eine starke Aufwärtsbewegung.
ATR-basierter Trailing Stop-Loss : Der Stop-Loss wird dynamisch mit einem Multiplikator des ATR-Wertes unter dem aktuellen Preis gesetzt und aktualisiert, um Gewinne zu sichern.
Das Strategie-Skript ist auf TradingView kostenlos verfügbar .
Sie finden Sie unter dem Namen: "MBV-SP500-CLIMBER"
Bitte teilen Sie Ihre Optimierungen mit der TradingView-Community, indem Sie Kommentare unter dem Skript hinterlassen.
Bitte geben Sie Feedback zur Strategie, insbesondere zu den Handelssignalen, in den Kommentaren.
MBV-SP500-CLIMBER: NVDAIntroduction:
This trading idea is based on a Long-Only strategy that utilizes the Dynamic Movement Index (DMI), supplemented by the Average Directional Index (ADX) and an Average True Range (ATR)-based Trailing Stop-Loss.
Strategy Overview:
Main Indicators: DMI, ADX, ATR
Time Frame : Variable, based on the DMI length (Default: 14 days)
Objective: To take long-term positions in bullish market phases
Optional Trading Hours and Seasonality:
Yellow Background (Trading Days) : Positions are only opened on trading days highlighted with a yellow background on the chart.
Blue Background (S&P 500 Seasonality) : Positions are only opened during periods highlighted with a blue background on the chart.
Strategy Details:
ADX and DMI : A Long signal is generated, taking into account the optional trading hours and seasonality, when the ADX exceeds a defined threshold and the positive DMI is greater than the negative DMI. This indicates a strong upward movement.
ATR-based Trailing Stop-Loss : The Stop-Loss is dynamically set with a multiplier of the ATR value below the current price and updated to secure profits.
The strategy script is available for free on TradingView.
You can find it under the name: "MBV-SP500-CLIMBER"
Please share your optimizations with the TradingView community by leaving comments under the script.
Please provide feedback on the strategy, especially on the trading signals, in the comments.
---
Einleitung:
In dieser Handelsidee beruht auf einer Long-Only-Strategie, die auf dem Dynamic Movement Index (DMI) basiert, ergänzt durch den Average Directional Index (ADX) und einen Average True Range (ATR)-basierten Trailing Stop-Loss.
Strategie-Überblick:
Hauptindikatoren : DMI, ADX, ATR
Zeitfenster : Variable, basierend auf der DMI-Länge (Standard: 14 Tage)
Ziel : Langfristige Positionen in bullishen Marktphasen
Optionale Handelszeiten und Saisonalität:
Gelber Hintergrund (Handelstage): Positionen werden nur an den im Chart mit einem gelben Hintergrund hervorgehobenen Handelstagen eröffnet.
Blauer Hintergrund (S&P 500-Saisonalität): Positionen werden nur während der im Chart mit einem blauen Hintergrund hervorgehobenen Zeiträume eröffnet.
Strategie-Details:
ADX und DMI : Ein Long-Signal wird unter Berücksichtigung der optionalen Handelszeiten und Saisonalität generiert, wenn der ADX einen definierten Schwellenwert überschreitet und der positive DMI größer ist als der negative DMI. Dies signalisiert eine starke Aufwärtsbewegung.
ATR-basierter Trailing Stop-Loss : Der Stop-Loss wird dynamisch mit einem Multiplikator des ATR-Wertes unter dem aktuellen Preis gesetzt und aktualisiert, um Gewinne zu sichern.
Das Strategie-Skript ist auf TradingView kostenlos verfügbar .
Sie finden Sie unter dem Namen: "MBV-SP500-CLIMBER"
Bitte teilen Sie Ihre Optimierungen mit der TradingView-Community, indem Sie Kommentare unter dem Skript hinterlassen.
Bitte geben Sie Feedback zur Strategie, insbesondere zu den Handelssignalen, in den Kommentaren.
MBV-SP500-CLIMBER: MSFTIntroduction:
This trading idea is based on a Long-Only strategy that utilizes the Dynamic Movement Index (DMI), supplemented by the Average Directional Index (ADX) and an Average True Range (ATR)-based Trailing Stop-Loss.
Strategy Overview:
Main Indicators: DMI, ADX, ATR
Time Frame : Variable, based on the DMI length (Default: 14 days)
Objective: To take long-term positions in bullish market phases
Optional Trading Hours and Seasonality:
Yellow Background (Trading Days) : Positions are only opened on trading days highlighted with a yellow background on the chart.
Blue Background (S&P 500 Seasonality) : Positions are only opened during periods highlighted with a blue background on the chart.
Strategy Details:
ADX and DMI : A Long signal is generated, taking into account the optional trading hours and seasonality, when the ADX exceeds a defined threshold and the positive DMI is greater than the negative DMI. This indicates a strong upward movement.
ATR-based Trailing Stop-Loss : The Stop-Loss is dynamically set with a multiplier of the ATR value below the current price and updated to secure profits.
The strategy script is available for free on TradingView.
You can find it under the name: "MBV-SP500-CLIMBER"
Please share your optimizations with the TradingView community by leaving comments under the script.
Please provide feedback on the strategy, especially on the trading signals, in the comments.
---
Einleitung:
In dieser Handelsidee beruht auf einer Long-Only-Strategie, die auf dem Dynamic Movement Index (DMI) basiert, ergänzt durch den Average Directional Index (ADX) und einen Average True Range (ATR)-basierten Trailing Stop-Loss.
Strategie-Überblick:
Hauptindikatoren : DMI, ADX, ATR
Zeitfenster : Variable, basierend auf der DMI-Länge (Standard: 14 Tage)
Ziel : Langfristige Positionen in bullishen Marktphasen
Optionale Handelszeiten und Saisonalität:
Gelber Hintergrund (Handelstage): Positionen werden nur an den im Chart mit einem gelben Hintergrund hervorgehobenen Handelstagen eröffnet.
Blauer Hintergrund (S&P 500-Saisonalität): Positionen werden nur während der im Chart mit einem blauen Hintergrund hervorgehobenen Zeiträume eröffnet.
Strategie-Details:
ADX und DMI : Ein Long-Signal wird unter Berücksichtigung der optionalen Handelszeiten und Saisonalität generiert, wenn der ADX einen definierten Schwellenwert überschreitet und der positive DMI größer ist als der negative DMI. Dies signalisiert eine starke Aufwärtsbewegung.
ATR-basierter Trailing Stop-Loss : Der Stop-Loss wird dynamisch mit einem Multiplikator des ATR-Wertes unter dem aktuellen Preis gesetzt und aktualisiert, um Gewinne zu sichern.
Das Strategie-Skript ist auf TradingView kostenlos verfügbar .
Sie finden Sie unter dem Namen: "MBV-SP500-CLIMBER"
Bitte teilen Sie Ihre Optimierungen mit der TradingView-Community, indem Sie Kommentare unter dem Skript hinterlassen.
Bitte geben Sie Feedback zur Strategie, insbesondere zu den Handelssignalen, in den Kommentaren.
MBV-SP500-CLIMBER: TSLAIntroduction:
This trading idea is based on a Long-Only strategy that utilizes the Dynamic Movement Index (DMI), supplemented by the Average Directional Index (ADX) and an Average True Range (ATR)-based Trailing Stop-Loss.
Strategy Overview:
Main Indicators: DMI, ADX, ATR
Time Frame : Variable, based on the DMI length (Default: 14 days)
Objective: To take long-term positions in bullish market phases
Optional Trading Hours and Seasonality:
Yellow Background (Trading Days) : Positions are only opened on trading days highlighted with a yellow background on the chart.
Blue Background (S&P 500 Seasonality) : Positions are only opened during periods highlighted with a blue background on the chart.
Strategy Details:
ADX and DMI : A Long signal is generated, taking into account the optional trading hours and seasonality, when the ADX exceeds a defined threshold and the positive DMI is greater than the negative DMI. This indicates a strong upward movement.
ATR-based Trailing Stop-Loss : The Stop-Loss is dynamically set with a multiplier of the ATR value below the current price and updated to secure profits.
The strategy script is available for free on TradingView.
You can find it under the name: "MBV-SP500-CLIMBER"
Please share your optimizations with the TradingView community by leaving comments under the script.
Please provide feedback on the strategy, especially on the trading signals, in the comments.
---
Einleitung:
In dieser Handelsidee beruht auf einer Long-Only-Strategie, die auf dem Dynamic Movement Index (DMI) basiert, ergänzt durch den Average Directional Index (ADX) und einen Average True Range (ATR)-basierten Trailing Stop-Loss.
Strategie-Überblick:
Hauptindikatoren : DMI, ADX, ATR
Zeitfenster : Variable, basierend auf der DMI-Länge (Standard: 14 Tage)
Ziel : Langfristige Positionen in bullishen Marktphasen
Optionale Handelszeiten und Saisonalität:
Gelber Hintergrund (Handelstage): Positionen werden nur an den im Chart mit einem gelben Hintergrund hervorgehobenen Handelstagen eröffnet.
Blauer Hintergrund (S&P 500-Saisonalität): Positionen werden nur während der im Chart mit einem blauen Hintergrund hervorgehobenen Zeiträume eröffnet.
Strategie-Details:
ADX und DMI : Ein Long-Signal wird unter Berücksichtigung der optionalen Handelszeiten und Saisonalität generiert, wenn der ADX einen definierten Schwellenwert überschreitet und der positive DMI größer ist als der negative DMI. Dies signalisiert eine starke Aufwärtsbewegung.
ATR-basierter Trailing Stop-Loss : Der Stop-Loss wird dynamisch mit einem Multiplikator des ATR-Wertes unter dem aktuellen Preis gesetzt und aktualisiert, um Gewinne zu sichern.
Das Strategie-Skript ist auf TradingView kostenlos verfügbar .
Sie finden Sie unter dem Namen: "MBV-SP500-CLIMBER"
Bitte teilen Sie Ihre Optimierungen mit der TradingView-Community, indem Sie Kommentare unter dem Skript hinterlassen.
Bitte geben Sie Feedback zur Strategie, insbesondere zu den Handelssignalen, in den Kommentaren.
FOMC, the driving force for Gold prices to increase !! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
During the Asian trading session on Wednesday, the price of gold (XAU/USD) experienced a slight decline and moved further away from its two-week high reached around the $2,048-2,049 range the day before. This decrease is attributed to investors adjusting their expectations regarding the speed and extent of interest rate cuts by the Federal Reserve (Fed) due to robust economic data from the United States. As a result, the US Dollar (USD) remains strong, reaching its highest level since December 13 earlier this week, which puts pressure on the value of gold.
However, the recent drop in US Treasury bond yields may prevent the USD bulls from making aggressive bets. This, coupled with concerns about geopolitical risks arising from tensions in the Middle East, could continue to support the demand for gold as a safe-haven asset. Investors may also choose to remain cautious and wait for the highly anticipated FOMC monetary policy meeting before making any significant moves in relation to gold, which lacks yield. Therefore, bearish traders should exercise caution in their positions.
⭐️ Personal comments NOVA:
The price chart according to technical analysis is supporting the Uptrend, the H1 frame is trading on a stable EMA line, according to economic experts at today's FOMC meeting, which also supports keeping or reducing interest rates. extreme for Gold
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2006 - $2004 SL $1996
TP1: $2015
TP2: $2022
TP3: $2030
🔥SELL GOLD zone: $2054 - $2056 SL $2062
TP1: $2048
TP2: $2040
TP3: $2030
⭐️ 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
$TLT - 20 year US Treasury, possible support -I'm huge ultra BULLISH on US treasuries currently, so please excuse my bias.
Not in any specific order, however here are all the factors in this thesis...
1. Interest rates have dramatically increased since Jan 2021, and the overall bond market, including treasuries, had its worst 2 years on record, going back to 1915.
2. Since Nov 2022 just after Halloween, Jerome Powell, "top FED dude", has already said that interest will no longer get increased and that there's possibly three RATE CUTS this year 2024. Even if he said, "Rates will remain unchanged" is enough to make treasuries bounce back to even. (par value).
3. Looking at everything in Barron's most recent "Top Income Plays for 2024" from last week, US Treasuries now offer the most bang for buck interest rate 4.10% with the lowest risk, compared to every other income asset in that article. (i.e, Dividend stocks, muni bonds, REITS, preferred stocks, etc.,)
4. US treasuries are back by the full faith of the US Government.
5. There's now a website that tracks Congress women & men trades, capitol trades.com. And there's A LOT of them buying US Treasuries.
6. There's massive geopolitical risk right now and WW3 is now a word being used.
7. Bottomline: between the yield of +4% and the upside appreciation of treasuries being at the biggest discount in US History, I believe any pull back should bought.
8. COMPLIMENT OPTION STRATEGIES
A. You could buy 100 shares of TLT and the following are low risk option strategies to compliment your 100 shares of TLT.
i. Sell short term (30 days out) 1 call. If you buy 100 shares of TLT, then you can sell 1 covered call on TLT out of the money OTM, and take that premium and purchase another share of TLT. think "snow ball" effect. The strike I am selling on 1000 shares of TLT is Ten $98 strike TLT calls with 2/23 expiration. Then take that money and bought 10 additional shares of TLT.
ii. If you want to get fancy with this, you can also add to the above covered call BUY WRITE and do a VERTICAL PUT SPREAD, aka Credit Put Spread to add to the income (which adds to the "Income Snow Ball" of something that is appreciating. Mo Money Mo Money!
a. Sell $90 strike Put on TLT, 30 days out
b. Buy $87 stake Put on TLT,, same exp, to cover your short put.
c. This produces an extra $200 which you could spend on blow (or groceries) or you can buy 2 more shares of TLT. Weeeeeeeeeeeeee! thats capital generating income, that's generating income, being used to buy more of the thing that's appreciating in value, that's also generating income. THAT'S A LOT OF CHEDDAR!!
After one month, THEN REPEAT. :)