continue to find new ATH next week, gold✍️ NOVA hello everyone, Let's comment on gold price next week from 03/17/2025 - 03/21/2025
🔥 World situation:
Gold prices pull back after briefly surpassing the $3,000 milestone, reaching a record high of $3,004 per troy ounce before retreating to $2,982, down 0.21% for the day. Uncertainty surrounding President Donald Trump's trade policies and a weaker US Dollar initially fueled the surge but later led to a price correction.
Meanwhile, geopolitical tensions continue to influence demand for the safe-haven metal. The Ukraine-Russia ceasefire hangs in the balance, with signs of reluctance from Moscow to uphold the 30-day truce.
🔥 Identify:
Gold price has reached over 3000 this week, a new turning point. The trade situation is still very tense, the momentum continues for the upward trend next 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: $3043, $3078
Support : $2954, $2882
🔥 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
strong growth, surpassing 3000 today🔔🔔🔔 Gold news:
➡️ Recently, some US officials have shown little concern over Wall Street's response to the Trump administration's trade policies. US Treasury Secretary Scott Bessent clarified that his remarks last Friday about a “detox period” did not imply that a recession was inevitable. In contrast, US Commerce Secretary Howard Lutnick stated that a recession would be a worthwhile trade-off to advance the administration’s policy agenda.
These statements reassured investors, leading to continued selling in US equities while driving demand for safe-haven assets such as Gold and the Japanese Yen (JPY).
Personal analysis:
➡️broke the old peak, currently fomo from the big market, ready to surpass 3000 today
Use Fibonacci Retracements to Find Psychological Resistance Zones
Plan:
🔆Price Zone Setup:
👉Sell Gold 3000 – 3003
❌SL: 3008 |
✅TP: 2994 - 2985 - 2970
FM wishes you a successful trading day 💰💰💰
Steady uptrend, GBPUSD continues to grow🔔🔔🔔 GBPUSD news:
👉The GBP/USD pair dips slightly during the Asian session on Wednesday, retracing part of the previous day's strong rally to a more than four-month high around 1.2965. Currently, spot prices hover near the 1.2935 level, though the decline lacks strong bearish momentum as traders await the release of US inflation data before making new directional moves.
The US Consumer Price Index (CPI) report will be a key factor in shaping market expectations regarding the Federal Reserve’s (Fed) rate-cut trajectory, which will, in turn, influence demand for the US Dollar (USD) and drive fresh movement in the GBP/USD pair. Meanwhile, some repositioning ahead of the critical data has helped the USD recover part of its previous day's decline to its lowest level since mid-October, creating a temporary hurdle for the currency pair.
Personal opinion:
👉Good growth in the context of US tariff policies not targeting GBP, good relationship between the two countries helps GBP value against USD to grow, long-term upward trend is still being maintained
Analysis:
👉Based on important resistance - support levels and Fibonacci combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy GBP/USD 1.29100 - 1.28950
❌SL: 1.28650
✅TP: 40 - 70 - 120 PIPS
FM wishes you a successful trading day 💰💰💰
New ATH will continue to form 3022 ! XAU ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold (XAU/USD) consolidates near its record high from the Asian session on Friday, trading within a narrow range. Investor concerns over President Donald Trump's aggressive trade policies and their potential global economic impact sustain demand for the safe-haven metal. Additionally, growing expectations of further monetary easing by the Federal Reserve (Fed) provide additional support to the non-yielding bullion.
⭐️Personal comments NOVA:
The price trend is up, pay attention to the new ATH price zone 3022
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3006 - $3008 SL $3011 scalping
TP1: $3000
TP2: $2995
TP3: $2990
🔥SELL GOLD zone: $3021 - $3023 SL $3028
TP1: $3015
TP2: $3000
TP3: $2980
🔥BUY GOLD zone: $2958 - $2956 SL $2951
TP1: $2965
TP2: $2977
TP3: $2990
⭐️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
PPI, gold price opportunity to create new ATH above 2956⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Core CPI, excluding volatile food and energy prices, eased from 3.3% in January to 3.1% year-over-year, signaling ongoing disinflation in the U.S. economy.
Meanwhile, the Atlanta Fed’s GDPNow model projects a -2.4% contraction for Q1 2025, marking the first negative reading since the COVID-19 pandemic.
Money market traders have adjusted their expectations for Federal Reserve easing in 2025, pricing in 71 basis points of rate cuts—down from 77 bps the previous day, according to Prime Market Terminal data.
⭐️Personal comments NOVA:
Gold has accumulated, continues to grow and heads towards a new ATH: 2976
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2954 - $2956 SL $2959 scalping
TP1: $2950
TP2: $2945
TP3: $2940
🔥SELL GOLD zone: $2975 - $2977 SL $2982
TP1: $2968
TP2: $2960
TP3: $2950
🔥BUY GOLD zone: $2920 - $2918 SL $2913
TP1: $2930
TP2: $2940
TP3: $2950
⭐️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
EURGBP uptrend - continuing⭐️Smart investment, Strong finance
⭐️EURGBP INFORMATION:
EUR/GBP extends its winning streak since March 3, hovering around 0.8440 during Tuesday’s European session. The pair gains momentum as the European Union (EU) considers boosting defense spending through joint borrowing, EU funds, and an expanded role for the European Investment Bank (EIB), with crucial decisions anticipated by June.
⭐️Personal comments NOVA:
EURGBP H1 breakout price zone retreats, continuing the uptrend
⭐️SET UP EURGBP PRICE:
🔥BUY eurgbp zone: 0.84200 - 0.84100 SL 0.83800
TP1: 0.84500
TP2: 0.84800
TP3: 0.85200
⭐️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
Continue to motivate the price, world trade tensions✍️ NOVA hello everyone, Let's comment on gold price next week from 03/10/2025 - 03/14/2025
🔥 World situation:
Kugler emphasized that uncertainty poses challenges across the economy. Earlier, she noted that monetary policy is likely to remain steady for some time and dismissed wages as a driver of inflation.
Meanwhile, Fed Chair Jerome Powell reaffirmed that the central bank is in no rush to cut interest rates. He acknowledged that achieving the 2% inflation target will be a gradual process and cautioned against overreacting to short-term data fluctuations, stating that the Fed is well-positioned on monetary policy.
When asked about tariffs, Powell noted that their potential inflationary impact remains uncertain.
🔥 Identify:
The accumulation of over 2900 is a good signal, trade tensions will be comprehensive in the world that is when gold price grows over 3000
🔥 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: $2928, $2955
Support : $2880, $2837
🔥 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
NF news - Opportunity for gold price to return to old ATH 2955⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold’s three-day rally came to a pause as investors locked in profits ahead of the highly anticipated US Nonfarm Payrolls report. A rise in US Treasury yields further dampened the appeal of the non-yielding metal. At the time of writing, XAU/USD remains steady at $2,918.
Despite consolidating above the $2,900 mark, gold faced resistance following an earlier surge in the US 10-year Treasury yield to a one-week high before retreating to 4.286%..
⭐️Personal comments NOVA:
Tariff Situation Remains Long Term Driver for Gold Growth, NF News Key Data to Determine Today's Trend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2954 - $2956 SL $2961
TP1: $2945
TP2: $2930
TP3: $2920
🔥BUY GOLD zone: $2832 - $2834 SL $2827
TP1: $2840
TP2: $2850
TP3: $2860
⭐️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
2941 ! Expected price range today ! XAU⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) trade with an upward bias during Thursday’s Asian session, holding near the one-week high reached the previous day, though follow-through buying remains limited.
Market concerns over US President Donald Trump’s tariff policies continue to bolster demand for the safe-haven metal. Additionally, growing expectations of an earlier-than-anticipated Federal Reserve rate cut, coupled with bearish sentiment surrounding the US Dollar, further support gold’s appeal.
⭐️Personal comments NOVA:
Gold price has strong growth momentum, after clearing liquidity, there will be great momentum in the near future.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2953 - $2955 SL $2960
TP1: $2945
TP2: $2930
TP3: $2920
🔥SELL GOLD zone: $2941 - $2943 SL $2948
TP1: $2935
TP2: $2927
TP3: $2920
⭐️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
XAU/USD Buy Trade Setup (Gold)
XAU/USD Buy Trade Setup (Gold)
Trade Setup:
Current Price: 2916
Support Level: 2912 (Key level to hold for bullish continuation)
Resistance Level: 2921 (Short-term barrier)
Target (TP): 2935 (Final take-profit level)
Stop-Loss (SL): 2909 (Below support for risk control)
Technical Analysis & Strategy:
1️⃣ Trend Confirmation:
If price stays above 2912 (support), the buy trade remains valid.
If price bounces from 50 EMA, it confirms bullish momentum.
A break above 2921 strengthens bullish momentum toward 2935.
2️⃣ Entry & Trade Management:
Ideal Entry: Price holds above 2912 or breaks 2921 with strong momentum.
Partial Profit-Taking:
First take profit at 2925, then adjust SL to breakeven.
Final target at 2935 for maximum gains.
3️⃣ Stop-Loss & Risk Management:
SL at 2909 keeps risk contained below support.
Risk Calculation:
Entry: 2916
SL Distance: 2916 - 2909
TP Distance: 2935 - 2916
Risk-Reward Ratio (RRR): ~1.88:1 (Acceptable)
Keep risk per trade within 1-2% of account balance.
Additional Considerations:
✔ Monitor High-Impact News: NFP, CPI, FOMC decisions can cause Gold volatility.
✔ Watch the US Dollar Index (DXY): A strong USD can push Gold lower.
✔ Check Market Sessions: Best trading during London/New York overlap for liquidity
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
GBPUSD - double bottom formation, recovery upGBP/USD news:
🔆GBP/USD edged higher on Tuesday, pushing Cable towards the upper range of its recent consolidation and maintaining support near the 200-day Exponential Moving Average (EMA).
Meanwhile, US consumer sentiment declined in February, intensifying worries about an economic slowdown. Additionally, US President Donald Trump reiterated his plan to enforce hefty import tariffs, aiming to pressure the country's key trading partners amid ongoing trade war.
Personal opinion:
🔆Sideways price zone, GBP is about to be pressured by the rising dollar, short-term price increase
Technical analysis:
🔆H1 frame forms a double bottom pattern and recovers in the short term
Plan:
🔆Price Zone Setup:
👉BUY GBP/USD 1.26500 – 1.26400
❌SL: 1.26100 | ✅TP: 1.26800 – 1.27100 – 1.27500
FM wishes you a successful trading day 💰💰💰
Will gold continue to jump and create ATH?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) edges lower during the Asian session on Tuesday, pulling back from its recent record high. A recovering US Dollar (USD) from its lowest level since December 10 weighs on demand for the metal. Additionally, overbought conditions lead some traders to trim their bullish positions. However, the broader market outlook suggests caution before making strong bearish moves.
⭐️ Personal comments NOVA:
Gold price is maintaining an upward trend, TRENDLINE H1
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2917 - $2915 SL $2910
TP1: $2922
TP2: $2930
TP3: $2940
🔥 SELL GOLD zone: $2966 - $2968 SL $2973
TP1: $2960
TP2: $2950
TP3: $2940
⭐️ 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
#SEIUSDT maintains bullish momentum📈 LONG BYBIT:SEIUSDT.P from $0.2922
🛡 Stop Loss: $0.2867
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:SEIUSDT.P is in an uptrend after consolidating in the support zone, confirming buyer dominance.
➡️ Volume Profile indicates that the main liquidity ( POC ) is positioned at $0.274, confirming volume redistribution towards buying.
➡️ A breakout above $0.2922 and consolidation will trigger further upside movement.
➡️ The nearest targets are in the $0.2980 – $0.3030 range, where profit-taking may occur.
⚡ Plan:
➡️ Long entry upon breaking $0.2922, confirming bullish momentum.
➡️ Stop-Loss at $0.2867—placed below the nearest liquidity zone to minimize risk.
➡️ Main targets: $0.2980 and $0.3030, where partial profit-taking may be considered.
🎯 TP Targets:
💎 TP 1: $0.2980
🔥 TP 2: $0.3030
🚀 BYBIT:SEIUSDT.P maintains bullish momentum — expecting further upside!
📢 BYBIT:SEIUSDT.P is forming a bullish trend, and consolidation above $0.2922 may accelerate the uptrend.
📢 Monitor price reactions around $0.3030, as this could act as a resistance zone for potential corrections.
Bullish Momentum - Tariffs! Waiting for New ATH next week✍️ NOVA hello everyone, Let's comment on gold price next week from 02/24/2025 - 02/28/2025
🔥 World situation:
Gold price slides late on Friday, poised to end the week positively, accumulating eight straight weeks of gains that pushed the yellow metal to all-time highs of $2,954. At the time of writing, the XAU/USD trades at $2,940, down 0.15%.
The financial markets' narrative has not changed as US President Donald Trump continues with rhetoric related to tariffs. In addition to imposing 25% tariffs on cars, pharmaceuticals and chips, Trump broadened duties to lumber and other soft commodities.
This fueled the rally in Bullion prices as investors seeking safety drove prices higher amidst uncertainty about US trade policies. Meanwhile, geopolitics took a second stage as there was some progress in the discussion to end the Russia-Ukraine war, which relieved the markets.
🔥 Identify:
Accumulated price zone 2918 - 2954, uptrend maintained well above zone 2900
🔥 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: $2954, $2965, $2980
Support : $2918, $2895, $2877
🔥 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
#STPTUSDT maintains bullish momentum📈 LONG BYBIT:STPTUSDT.P from $0.10355
🛡 Stop Loss: $0.10226
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:STPTUSDT.P is showing strong bullish momentum after consolidating at lower levels, indicating buyer presence.
➡️ Volume Profile suggests that the main liquidity (POC) is positioned significantly below the current price, confirming demand dominance.
➡️ A breakout above $0.10355 and holding above this level will validate the bullish continuation.
➡️ The nearest resistance zone is between $0.10540 and $0.10680, where partial profit-taking may occur.
⚡ Plan:
➡️ Long entry upon breaking $0.10355, confirming buyer strength.
➡️ Stop-Loss at $0.10226—placed below the nearest support to minimize risk.
➡️ Main target range: $0.10540–$0.10680, where selling pressure might emerge.
🎯 TP Targets:
💎 TP 1: $0.10540
🔥 TP 2: $0.10680
🚀 BYBIT:STPTUSDT.P maintains bullish momentum — expecting further upside!
📢 BYBIT:STPTUSDT.P remains within an uptrend. If the price consolidates above $0.10355, further acceleration is expected.
📢 Volume suggests strong buyer activity, supporting the bullish outlook.
📢 However, the $0.10540–$0.10680 zone could act as a profit-taking level, so monitoring price action and partial profit-taking is advisable.
price line up new ATH, strong bulls⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) gains traction in the Asian session on Thursday, staying near its record high from the previous day. Concerns over a potential global trade war rise as US President Donald Trump threatens new tariffs, boosting demand for the safe-haven metal. Meanwhile, a drop in US Treasury yields further supports gold's appeal.
⭐️ Personal comments NOVA:
Bulls dominate, uptrend continues to create new ATH, a series of new tariff policies will be announced in the near future
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2956 - $2958 SL $2963
TP1: $2950
TP2: $2940
TP3: $2930
🔥BUY GOLD zone: $2926 - $2928 SL $2923 scalping
TP1: $2932
TP2: $2936
TP3: $2942
🔥 BUY GOLD zone: $2893 - $2895 SL $2887
TP1: $2902
TP2: $2910
TP3: $2920
⭐️ 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
USDJPY - Tuesday Recovery , BUY zone FiboPLAN : 18 Feb, 2025
USDJPY News:
🔆The Japanese Yen (JPY) remains under pressure during the early European session on Tuesday, though downside momentum is limited as markets increasingly expect the Bank of Japan (BoJ) to continue raising interest rates. Additionally, the recent decline in the US-Japan yield gap, driven by growing speculation of further rate cuts by the Federal Reserve (Fed), helps cushion losses for the lower-yielding JPY.
Personal opinion:
🔆Short-term buying pressure at support zone helps USDJPY price recover
Analysis:
🔆support fibonaccy H1 frame
Plan:
🔆Price Zone Setup:
👉BUY USDJPY 151.600 – 151.400
❌SL: 151.100 | ✅TP: 151.900 – 152.300 – 152.600
FM wishes you a successful trading day 💰💰💰
Gold price returns to trendline and increasesScalping XAU : 18 Feb, 2025
Gold News:
🔆Federal Reserve Board of Governors member Michelle Bowman stated that elevated asset prices might have slowed inflation progress and emphasized the need for greater confidence in declining inflation before considering rate cuts. She also noted that wage growth remains above levels aligned with the Fed’s inflation target.
Meanwhile, fellow Board member Christopher Waller remarked that inflation improvement last year was frustratingly slow and suggested that rate cuts would be appropriate in 2025 if inflation follows a similar trend as in 2024. Waller anticipates continued disinflation and expects rate reductions to resume on a yearly basis.
🔆Meanwhile, the outcome of discussions between the Kremlin and Washington is expected to be the main market driver, particularly as US traders return after a long weekend. If the negotiations fail, increased risk aversion could boost demand for Gold as a safe-haven asset, potentially driving its price higher alongside the US Dollar.
Personal Opinion:
🔆Uptrend, recovery confirmed when price breaks out of resistance 2905, if price returns to trendline, BUY signal can be taken
Analysis:
🔆Based on important Resistance - Support zones and 200 EMA combined with consideration based on political developments, trendline M45
Plan:
🔆Price Zone Setup:
👉BUY Gold 2906 - 2903
❌SL: 2898 | ✅TP: 2912 - 2918 – 2925
FM wishes you a successful trading day 💰💰💰
Accumulated below 2900, in early uptrend⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) remains under slight pressure for the second consecutive day but holds steady just below $2,900 during the Asian session on Wednesday. A modest uptick in the US Dollar, following Fed Chair Jerome Powell’s hawkish remarks, weighs on the metal. However, concerns over the economic impact of President Donald Trump's trade tariffs and rising global trade tensions continue to support gold’s safe-haven appeal.
Investors remain cautious ahead of the latest US consumer inflation data, set for release later today. This key report will shape expectations around the Fed's rate-cut trajectory, influencing USD demand and gold's next directional move. Despite Tuesday’s sharp pullback from the $2,942-2,943 region, uncertainty surrounding Trump’s policies suggests caution before betting on further declines or a new record high.
⭐️ Personal comments NOVA:
Moving stably around 2900, gold accumulates and waits for an opportunity to continue increasing in price. The US tariff situation is still very tense.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2942 - $2944 SL $2949
TP1: $2935
TP2: $2922
TP3: $2910
🔥 BUY GOLD zone: $2835 - $2837 SL $2830
TP1: $2842
TP2: $2850
TP3: $2860
⭐️ 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
Short term bearish H1 - bears will continue to push price up⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Dollar climbs to its highest level in over a week as expectations grow that Trump's protectionist policies could drive inflation higher, pushing the Federal Reserve to maintain its hawkish stance and keep interest rates unchanged.
A stronger USD, coupled with overbought conditions on the daily chart, leads to some profit-taking on XAU/USD as traders adjust positions ahead of Fed Chair Jerome Powell's congressional testimony.
⭐️ Personal comments NOVA:
In the context of current world trade tensions, gold continues its upward trend, possibly above $3000 in February 2025.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2929 - $2931 SL $2934
TP1: $2925
TP2: $2920
TP3: $2915
⭐️ 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
Tariffs - ATH - featured keyword with XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
On Monday, US President Donald Trump signed two proclamations reinstating 25% tariffs on metals and removing all previous exemptions on steel and aluminum tariffs from his 2016-2020 term.
Additionally, Trump informed reporters that he plans to announce reciprocal tariffs on other countries within the next two days. This news boosted demand for safe-haven assets, pushing gold prices to a new record high during the Asian session on Tuesday.
⭐️ Personal comments NOVA:
Asian session witnessed strong growth, gold price reached new ATH 2942, then showed signs of profit taking, still an uptrend today
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2957 - $2959 SL $2964
TP1: $2950
TP2: $2940
TP3: $2930
🔥 BUY GOLD zone: $2898 - $2900 SL $2895 Scalping
TP1: $2905
TP2: $2910
TP3: $2915
🔥 BUY GOLD zone: $2888 - $2886 SL $2881
TP1: $2895
TP2: $2902
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