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USD/CAD!! New week for recovery early December✍️ NOVA hello everyone, Let's comment on USDCAD price next week from 4/12 - 8/12/2023 🔥 World situation: The Canadian Dollar (CAD) is currently experiencing upward movement in trading on Friday, once again strengthening against its primary counterpart, the US Dollar (USD). This comes after Canadian employment data surpassed market expectations by a significant margin. Throughout the week, the Canadian Dollar has been one of the best-performing currencies, exhibiting a 1% increase against the US Dollar since Monday's opening rates. In November, Canada witnessed nearly double the number of job additions compared to the median market forecast. Approximately 25,000 new positions were created, surpassing the projected 15,000 and outpacing October's 17,500 new jobs. 🔥 Identify: A week without much important news about CAD, the price is moving towards a fairly strong support zone along with the resistance zone according to FIBONACCY, setting up a BUY signal. 🔥 Technically: Based on the resistance and support areas of the USDCAD price according to the D1 frame, NOVA identifies the important key areas as follows: Resistance: 1.35800 ; 1.37800 Support : 1.34450 🔥 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
Long
by Nova-Scalper
1
Start December. PMI impact on Gold price⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian session on Friday, there is a noticeable increase in interest in the price of gold (XAU/USD), leading to a partial recovery from the losses experienced the previous day. The current value of this precious metal is approximately $2,040, representing a modest increase of 0.15% for the day. It is worth noting that this places the price within close proximity to its highest level since May 5, which was reached on Wednesday. Recent data from the United States (US) reveals that inflation rates have continued to decrease in October, while the labor market has shown signs of slowing down. These developments support the belief that the Federal Reserve (Fed) will no longer pursue interest rate hikes. This dovish outlook has become a significant contributing factor in the positive performance of gold, which does not offer any yield. ⭐️ Personal comments NOVA: With good forecasts for the dollar, bad for Gold after today's PMI news. Gold is still in the accumulation phase, sideways to have a new breakthrough in December ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2015 - $2017 SL $2007 TP1: $2027 TP2: $2040 TP3: $2052 🔥SELL GOLD zone: $2060 - $2062 SL $2070 TP1: $2050 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
OANDA:XAUUSDLong
by Nova-Scalper
3
GBPCAD!! 1/12 News supports price increase⭐️ Smart investment, Strong finance ⭐️ GBPCAD INFORMATION: Today, waiting for 2 important news about CAD currency. It is expected that the figures will be favorable and support the uptrend. Besides, the old support zone is supportive and the price does not have much motivation to decrease further ⭐️ Personal comments NOVA: From the expected economic and technical results, both want prices to recover. NOVA will set up a BUY signal ⭐️ SET UP GBPCAD PRICE: 🔥BUY GBPCAD zone: 1.71100 - 1.71000 SL 1.70600 TP1: 1.71300 TP2: 1.71600 TP3: 1.72000 ⭐️ 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
Long
by Nova-Scalper
3
After today's PCE news, Gold has reached 2060 ?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold is currently hovering around $2,040 per troy ounce during the Asian session on Thursday. After reaching a six-month high of $2,052 on Wednesday, the value of the yellow metal has retreated. This decrease in gold's price suggests a possible shift in market sentiment or profit-taking following the recent rally. Gold faced challenges due to a modest rebound in the US Dollar (USD). The US Dollar Index (DXY) is struggling to maintain its gains and is currently around 102.80. In the previous session, the USD successfully ended its four-day losing streak, thanks to stronger-than-expected data on US Gross Domestic Product Annualized, released by the US Bureau of Economic Analysis. The third-quarter US GDP Annualized growth rate increased by 5.2%, surpassing the previous reading of 4.9% and exceeding the market consensus of 5.0%. ⭐️ Personal comments NOVA: All technical parameters and economic data support the continued increase in Gold prices. Today continue to wait for the next peak price range ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2015 - $2017 SL $2010 TP1: $2030 TP2: $2045 TP3: $2060 🔥SELL GOLD zone: $2060 - $2062 SL $2070 TP1: $2054 TP2: $2045 TP3: $2040 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. Currently, according to the long time frame H4, H1, the price range is still fluctuating stably above the average line EMA 34, 89, showing that the uptrend is still the dominant trend. Prioritize BUY signals ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
5
USD/CAD! 28/11 support zone BUY NOW ⭐️ Smart investment, Strong finance ⭐️ USDCAD INFORMATION: The USD/CAD continues to decline for the third straight session, trading below the psychological level of 1.3600 during Tuesday's Asian session. The Canadian Dollar (CAD) receives some support from the rise in Crude oil prices and positive market sentiment. Currently, the price of Western Texas Intermediate (WTI) has broken its four-day losing streak and is hovering around $75.30 per barrel. All attention is focused on the upcoming important OPEC+ meeting, with widespread expectations for a decision to further reduce and prolong cuts to oil production. ⭐️ Personal comments NOVA: According to the H1 frame, the price retested the support area of ​​1.36000. Buying pressure is unlikely to overcome this support zone today. SET UP BUY signal recovers ⭐️ SET UP USDCAD PRICE: 🔥BUY USDCAD zone: 1.36000-1.35900 SL 1.35500 TP1: 1.36300 TP2: 1.36600 TP3: 1.37000 ⭐️ 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
Long
by Nova-Scalper
1
The bulls have a major advantage⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold: The next milestone to watch out for is the 2023 high, reaching approximately $2070. The price of gold continued to rise towards the end of last week, ultimately closing above the important threshold of $2000 per troy ounce. However, this increase in value was accompanied by a decrease in open interest, indicating the possibility of a correction in the near future. Meanwhile, the next significant resistance level for gold is expected to be the peak of $2067 reached in 2023 on May 4th. ⭐️ Personal comments NOVA: The beginning of the week witnessed great FOMO among bulls. Gold price is approaching the strong resistance zone in 2020. This is the period when Gold price creates a new peak this year. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2001 - $2003 SL $1997 scalping TP1: $2009 TP2: $2014 TP3: $2020 🔥BUY GOLD zone: $1990 - $1992 SL $1982 TP1: $2000 TP2: $2012 TP3: $2020 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
7
EUR/ CHF! 27/11 Nice support zone BUY⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: Sales volume is showing signs of decreasing. The strong support zone according to the H1 frame has been formed. Can set up BUY signal ⭐️ SET UP EURCHF PRICE: 🔥BUY EUR/CHF zone:0.96350 - 0.96200 SL 0.95800 TP1: 0.96700 TP2: 0.97000 TP3: 0.97300 ⭐️ 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
Long
by Nova-Scalper
2
End November, during the Gold price bull cycle✍️ NOVA hello everyone, Let's comment on gold price next week from , Last week of November 🔥 World situation: At the end of the year, published US economic data showed difficulties and challenges. There are not many positive signals yet. Gold prices continue to benefit at the end of the year. In the last week of November, there are important data such as: CB Consumer Confidence, Prelim GDP q/q, Core PCE Price Index m/m, ISM Manufacturing PMI,... otherwise the forecast will continue to support The Golden household goes up 🔥 Identify: Observing the technical chart according to the H4 frame, Gold price is still in a very nice uptrend. This is an opportunity for Gold price to have the highest price point in 2023 🔥 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: $2010, $2022 Support : $1991, $1971 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
NZD/ CHF !! Aiming for higher highs during the week✍️ NOVA hello everyone, Let's comment on gold price next week from , Last week of November 🔥 Identify: Prices are in a long-term upward trend at the end of the year. During the week, the price will adjust downward after reaching the resistance area but will continue to increase to reach a new peak 🔥 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: 0.53950 Support : 0.53350, 0.52900 🔥 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
Long
by Nova-Scalper
WLD/USDT: Wild trade for WorldCoinWLD is about to breakout from one of its strong resistance line. This breakout will fuel sudden surge in the price for WLC. We can also see multiple LH (lower highs) and forming the strong support level for BINANCE:WLDUSDT Entry Price: 2.6 Stoploss: 2.483 TP1: 2.785 TP2: 3.00 TP3: 3.127 TP4: 3.278 We will update this post when we enter the trade. Stay tuned for breakout confirmation. Like and share your thoughts in the comments Cheers GreenCrypto
Long
by GreenCryptoTrades
1
Scalping XAU! sideway accumulates Gold price today⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is facing difficulty in taking advantage of the small gains made yesterday and is fluctuating within a tight trading range, remaining below the significant psychological level of $2,000 during the first half of the European session. Currently, investors are hesitant to make bold bets on the market's direction and are instead waiting for further clarification on the Federal Reserve's plans regarding interest rate hikes. ⭐️ Personal comments NOVA: Sideway accumulation zone, suitable for scalping. The price trend is still following the rhythm of downward adjustment and BUY recovery ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1988 - $1990 SL $1985 Scalping TP1: $1993 TP2: $1996 TP3: $2000 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
1