Chances of gold price hitting new ATH this week?⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
China's National Bureau of Statistics (NBS) reported that both Services and Manufacturing PMIs have moved into contraction, signaling a potential slowdown in the global economy.
In the US, the Chicago Fed National Activity Index for December showed improvement by exiting negative territory, indicating signs of economic recovery.
Looking ahead, this week's US economic calendar includes key data releases such as Durable Goods Orders, the Federal Reserve's monetary policy meeting, Q4 2024 GDP figures, job market updates, and the Fed's preferred inflation measure—the Personal Consumption Expenditures (PCE) Price Index.
⭐️Personal comments NOVA:
Gold adjusted down within the range of 2 H1 trendlines, sideways price range 2730-2750 in Asian and European sessions, waiting for US session news data
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2705 - $2707 SL $2700
TP1: $2715
TP2: $2723
TP3: $2730
🔥SELL GOLD zone: $2759 - $2761 SL $2766
TP1: $2750
TP2: $2740
TP3: $2730
⭐️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
Longtrade
Gold adjusted at the beginning of the week - still in an uptrend⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) dip slightly to around $2,765 during the early Asian session on Monday, influenced by renewed demand for the US Dollar (USD). However, the downside for the precious metal may remain limited due to prevailing caution and uncertainty over US President Donald Trump's tariff policies.
The USD gains strength as Trump escalates trade tensions with new measures. On Sunday, he imposed significant tariffs and sanctions on Colombia after the country refused to allow two military planes carrying deported migrants to land. Trump announced an emergency 25% tariff on all Colombian imports, set to increase to 50% within a week. This development adds pressure on USD-denominated gold prices.
⭐️Personal comments NOVA:
Gold prices adjusted down after a strong increase last week, creating liquidity at the beginning of the week. Still in an uptrend.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2740 - $2738 SL $2733
TP1: $2748
TP2: $2755
TP3: $2770
🔥SELL GOLD zone: $2783 - $2785 SL $2790
TP1: $2775
TP2: $2768
TP3: $2760
⭐️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
Expecting a new ATH for XAU/USD next week✍️ NOVA hello everyone, Let's comment on gold price next week from 01/27/2025 - 01/31/2025
🔥 World situation:
Gold prices continued to rise this week, nearing the all-time high of $2,790, with a breakthrough seeming increasingly likely. Comments from US President Donald Trump could serve as a potential catalyst for further gains, especially as he hinted at holding off on imposing tariffs on Chinese goods. Currently, XAU/USD stands at $2,772, up 0.60%.
Market sentiment turned slightly cautious despite Trump's softened stance on trade policies with both allies and rivals. On the economic front, Friday's US data showed an improvement in December's manufacturing activity, according to S&P Global, while the University of Michigan's final January survey revealed a decline in consumer sentiment.
🔥 Identify:
Positive market - the chance of gold price reaching new ATH is very high. The moves on the chance of interest rate cut still exist after President TRUMP supported lower interest rates than the current
🔥 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: $2790, $2800, $2820
Support : $2754, $2719
🔥 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
BTC 50% 50%BTC was trading between the price of 91,000 and 100,000 for about 2 months. Now we have surpassed 100,000, and the price has been holding there for about 10 days. I think we will either see an interesting pump or a movement downward.
If we crash, I expect that altcoins will bleed extremely since dominance is still rising, and we know what it looks like for altcoins when BTC goes down
Scalping ! XAU ! old ATH SELL entry 2788⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Markets are increasingly anticipating that the US Federal Reserve may cut interest rates twice this year as inflationary pressures in the US show signs of easing.
On Friday, President Trump described his conversation with Chinese President Xi Jinping as amicable and expressed optimism about reaching a trade deal with China, adding that he prefers to avoid tariffs.
This has helped ease concerns over Trump's protectionist policies driving inflation higher, reinforcing expectations of further Fed policy easing and supporting the appeal of the non-yielding Gold price.
⭐️Personal comments NOVA:
Uptrend - positive market sentiment, may surpass ATH 2788 soon
⭐️SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2788 - $2790 SL $2793
TP1: $2784
TP2: $2778
TP3: $2770
⭐️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 growth - 2788 highest price zone⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) regains upward momentum after a brief pause, climbing to $2,777 during the Asian session on Friday, marking its highest level since October 31. Concerns over US President Donald Trump's trade policies potentially sparking trade wars and increasing market volatility continue to fuel demand for the safe-haven metal. Additionally, expectations of further interest rate cuts by the Federal Reserve (Fed) weigh on the US Dollar (USD), pushing it closer to a monthly low and supporting the non-yielding yellow metal.
Trump's recent comments, expressing a preference to avoid imposing tariffs on China, have slightly boosted global risk sentiment but have not diminished the positive outlook for Gold. However, mildly overbought conditions on short-term charts may limit fresh bullish positions on XAU/USD in the near term. Even so, the metal is set for strong weekly gains and edges closer to its all-time high near $2,790, reached in October.
⭐️Personal comments NOVA:
Market optimism - expect new ATH coming to surpass 2788
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2723 - $2725 SL $2718
TP1: $2735
TP2: $2742
TP3: $2750
🔥SELL GOLD zone: $2788 - $2790 SL $2793 scalping
TP1: $2784
TP2: $2778
TP3: $2770
🔥SELL GOLD zone: $2800 - $2798 SL $2805
TP1: $2790
TP2: $2780
TP3: $2770
⭐️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 ! Adjusted down for retest entry BUY⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) eases slightly after hitting its highest level since November 6 during early European trading on Tuesday but remains above $2,725, up over 0.50% for the day. The US Dollar (USD) recovers from Monday's two-week low, driven by expectations that US President Donald Trump's protectionist policies could fuel inflation and prompt the Federal Reserve (Fed) to maintain its hawkish stance. Additionally, the upbeat sentiment in equity markets weighs on demand for the safe-haven metal.
⭐️Personal comments NOVA:
Gold adjusted down in Asian and European sessions, however the main uptrend is still waiting for BUY entry.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2716 - $2714 SL $2711
TP1: $2720
TP2: $2725
TP3: $2730
⭐️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
Bulls maintain the Uptrend - XAU up⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its upward momentum for the third consecutive day on Wednesday, reaching its highest level since November 1 near the $2,750 mark during the Asian session. This rally is driven by safe-haven demand amid uncertainty surrounding US President Donald Trump's trade policies. Additionally, a recent drop in US Treasury bond yields, supported by expectations of two Federal Reserve (Fed) rate cuts this year, provides further support for the non-yielding yellow metal.
⭐️Personal comments NOVA:
Long-term Uptrend remains, expect higher price zones 2756, 2774
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2720 - $2718 SL $2713
TP1: $2728
TP2: $2735
TP3: $2748
🔥SELL GOLD zone: $2755 - $2757 SL $2760 scalping
TP1: $2750
TP2: $2745
TP3: $2740
🔥SELL GOLD zone: $2774 - $2776 SL $2781
TP1: $2765
TP2: $2758
TP3: $2750
⭐️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
Break H4 and continue uptrend 2740⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues to gain traction for the second consecutive day, reaching its highest level since November 6, around $2,726 during Tuesday's Asian session. Renewed trade war concerns, sparked by US President Donald Trump's suggestion of imposing tariffs on Canada and Mexico, have increased demand for the safe-haven precious metal.
Additionally, a drop in US Treasury bond yields—driven by expectations that the Federal Reserve (Fed) will implement two rate cuts this year amid signs of easing inflation—further supports the appeal of non-yielding Gold.
⭐️Personal comments NOVA:
Gold price continues to increase in large frame, break 2725 and buying power is stronger
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2701 - $2703 SL $2696
TP1: $2710
TP2: $2720
TP3: $2730
🔥SELL GOLD zone: $2740 - $2742 SL $2747
TP1: $2732
TP2: $2720
TP3: $2710
⭐️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 ! Gold correction - back to BUY entry⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
This week's US data indicated easing inflation, boosting expectations of two rate cuts by the Federal Reserve this year, which supported the Gold price. Additionally, Fed Governor Christopher Waller stated on Thursday that inflation is expected to decline further and suggested three or four rate cuts might occur if US economic conditions worsen. The prospect of Fed rate cuts drove a further drop in US Treasury yields and kept the US Dollar near a one-week low, providing extra support to XAU/USD.
⭐️Personal comments NOVA:
Gold is adjusting down as necessary, balancing the market. Short and long term frames are still showing that the upward force will continue.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2700 - $2698 SL $2695
TP1: $2704
TP2: $2708
TP3: $2715
⭐️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 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
2720 - wait for gold price to touch this bullish zone⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) reached a new one-month high during Thursday's Asian session but struggled to sustain momentum above the $2,700 level. Reduced concerns about US President-elect Donald Trump's proposed trade tariffs and expectations of two potential Federal Reserve (Fed) rate cuts this year have supported positive market sentiment. However, a slight uptick in the US Dollar (USD) has limited further gains for the safe-haven metal.
⭐️Personal comments NOVA:
Short and long trends are both supporting the uptrend - resistance zone 2720 H4 frame waiting for price to reach today
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2677 - $2675 SL $2670
TP1: $2685
TP2: $2692
TP3: $2700
🔥SELL GOLD zone: $2720 - $2722 SL $2727
TP1: $2710
TP2: $2700
TP3: $2690
⭐️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 ! Scalping ! break trend price increase towards 2700⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Eased concerns over US President-elect Donald Trump's proposed trade tariffs have bolstered investor confidence, as reflected in the generally positive sentiment across equity markets. Additionally, the strong US jobs report has reinforced expectations that the Federal Reserve will pause its rate cuts later this month.
This has kept US Treasury bond yields elevated, which could limit traders' appetite for aggressive bullish positions on non-yielding Gold. Attention now shifts to upcoming US consumer inflation data for fresh market direction.
⭐️Personal comments NOVA:
M15 short term frame - shows price broke 2680 zone and is trending up stronger
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2697 - $2699 SL $2704
TP1: $2690
TP2: $2680
TP3: $2670
⭐️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
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
SCALPING ! GOLD ! Gold accumulates at price range 2670⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
US President-elect Donald Trump has pledged to resolve the conflict in Ukraine and announced plans to meet Russian President Vladimir Putin "very soon" after assuming office next week.
The US has indicated progress toward a ceasefire deal, with Hamas reporting positive developments in negotiations. According to two Israeli officials, the agreement's first phase would involve Hamas releasing 33 hostages.
Meanwhile, investors await key US inflation data for further direction, starting with the Producer Price Index today, followed by consumer inflation figures on Wednesday.
⭐️Personal comments NOVA:
Price range 2665 - 2675 sideway waiting for PPI news today, uptrend is waiting ahead
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2656 - $2658 SL $2653 scalping
TP1: $2662
TP2: $2667
TP3: $2675
⭐️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
Gold continues to move up at the beginning of the week⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) faced selling pressure during the Asian session on Monday, ending a four-day rally that brought the metal to a one-month high near $2,700 on Friday. The strong US Nonfarm Payrolls (NFP) report has bolstered expectations that the Federal Reserve (Fed) will pause its rate-cutting cycle this month. This has kept US Treasury bond yields elevated at over a year high and the US Dollar near a two-year peak, weighing on the non-yielding Gold.
At the same time, hawkish Fed expectations and ongoing geopolitical tensions are curbing risk appetite, reflected in weaker equity markets, which provides some support for safe-haven Gold. However, traders may await stronger signals before concluding that Gold's three-week upward trend has reversed. Attention now shifts to the upcoming US inflation data for fresh insights and potential market direction.
⭐️Personal comments NOVA:
Long term uptrend, gold sideways at the beginning of the week and accumulation waiting to reach above 2700
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2662 - $2664 SL $2657
TP1: $2670
TP2: $2680
TP3: $2690
🔥SELL GOLD zone: $2703 - $2705 SL $2710
TP1: $2695
TP2: $2680
TP3: $2670
⭐️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
"INJ support at $17.30-$18.30, potential reversal to $27-$45." INJ/USDT Detailed Chart Analysis and Trade Plan
This analysis aims to provide an in-depth view of the current market structure for INJ/USDT, highlighting a potential reversal zone and long-term upside targets.
---
#1. Current Market Structure Analysis
- Support Zone: $17.30 - $18.30
- This range aligns with a visible **Fair Value Gap (FVG)** and a potential **bullish order block** from historical price action.
- INJ has consolidated around this zone, indicating a strong **buying interest** from previous liquidity sweeps.
- Why is this important?
- FVGs are areas where price has moved rapidly, often leaving inefficiencies that the market tends to revisit. Coupled with the order block, it strengthens the probability of reversal.
- RSI Oversold Signal:
- The **Relative Strength Index (RSI)** is at **38.49**, nearing oversold levels. Historically, bounces occur when RSI enters this zone, indicating that sellers may lose momentum.
- EMA Levels (Resistance):
- The **50 EMA ($23.62)** and **200 EMA ($23.52)** are acting as resistance. A breakout above these levels would likely confirm a stronger bullish reversal.
---
2. Reversal and Upside Targets
- Take Profit Levels:
- Target 1 (TP1): $27.30
- This corresponds to a prior liquidity zone where sell-side pressure emerged. Price may face resistance here before breaking higher.
- Target 2 (TP2): $35.00
- This level aligns with a significant **swing high** and an untested order block, providing a more ambitious long-term target.
-Target 3 (tp3) :45$-50$ for long term .
---
3. Key Levels and Trade Setup
| **Zone** | **Price Range** | **Action** |
|-----------------------|------------------|--------------------------|
| **Support Zone** | $17.30 - $18.30 | Look for long entries |
| **Stop Loss (SL)** | Below $16.80 | Risk management |
| **Take Profit 1 (TP1)** | $27.30 | Partial exit |
| **Take Profit 2 (TP2)** | $35.00 | Final exit |
**Position Scaling** | Add $45-$50 near confirmation signals to build a stronger position |
---
4. Sentiment and Fundamental Factors
- Injective Protocol's Key Strengths:
- Known for **high-performance Layer 1 blockchain** optimized for DeFi and decentralized exchange (DEX) applications.
- Recently, INJ has seen increased adoption with features like **decentralized perpetuals**, cross-chain bridging, and seamless liquidity.
- Bullish Catalysts to Watch:
- Ecosystem Growth: Partnerships or developments in **DeFi adoption** and higher trading volumes on Injective-based DEXs.
- Protocol Upgrades: Any enhancements that improve the scalability, security, or interoperability of the platform.
- Macro Market Trends: Bullish momentum in the broader crypto market could act as a tailwind for INJ.
---
5. Risk Management
- Entry Precision:
- Set limit orders near $17.30–$18.30 to capture entries at optimal levels.
- Risk/Reward Ratio:
- Assuming a stop loss at $16.80 and TPs at $27.30/$35.00, the
-risk/reward ratio exceeds 3:1, offering a favorable trade setup.
6. Final Notes
This trade is structured around the following:
- Strong confluence of technical indicators.
- Positive sentiment in the **DeFi space**.
- Potential for a broader crypto market rally.
If the price holds above the $17.30–$18.30 zone and breaks the EMAs, the likelihood of a bullish breakout increases significantly.
Possibility of continuing to hold interest rates!Safe haven gold✍️ NOVA hello everyone, Let's comment on gold price next week from 01/13/2025 - 01/17/2025
🔥 World situation:
Gold prices recovered from intraday lows on Friday, marking a fourth consecutive day of gains, despite a strong US Nonfarm Payrolls report. This eased some of the Federal Reserve’s concerns about the labor market, though inflation remains a focus for policymakers. XAU/USD rose 0.69% to trade at $2,687. Earlier, Gold briefly dropped after the US Bureau of Labor Statistics reported robust job growth exceeding 200K and a lower Unemployment Rate. These figures prompted investors to anticipate fewer interest rate cuts, as the economy continues to generate jobs while the disinflation process appears to have stalled, per the Fed's latest minutes.
🔥 Identify:
Gold recovered strongly at the beginning of the year, as the market believed in the FED's interest rate policy, and the economy was gradually recovering better.
🔥 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: $2720, $2750
Support : $2640, $2612
🔥 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 - Data could help gold prices surpass $2700⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) maintains a positive trend for the fourth consecutive day on Friday, hovering just below the near four-week high reached on Thursday. Investor sentiment remains cautious due to uncertainty surrounding US President-elect Donald Trump's proposed tariffs and ongoing geopolitical tensions, supporting demand for the safe-haven metal. Additionally, expectations that Trump's expansionary policies could drive inflation further enhance Gold's appeal as a hedge against rising prices.
⭐️Personal comments NOVA:
Technically and predicting the results of today's NF news, we expect the gold price to recover - return to the 2700 area today, the main uptrend.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2621 - $2619 SL $2614
TP1: $2630
TP2: $2640
TP3: $2650
🔥SELL GOLD zone: $2714 - $2716 SL $2721
TP1: $2705
TP2: $2697
TP3: $2690
⭐️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 ! Waiting for the Uptrend to surpass 2700 with NF⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its upward momentum for the fourth consecutive day, reaching a new four-month high near $2,680 during early European trading on Friday. Ongoing geopolitical tensions from the prolonged Russia-Ukraine conflict, unrest in the Middle East, trade war concerns, and a softer risk sentiment continue to fuel safe-haven demand for the precious metal.
⭐️Personal comments NOVA:
Uptrend prevails ahead of NF news - Data forecast to be bad for the dollar, gold has a chance to return to the 2700 price zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2700 - $2702 SL $2705 scalping
TP1: $2695
TP2: $2690
TP3: $2685
⭐️ 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 BUY - Follow the main trend today ! GOLD ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
A Labor Department report revealed that Initial Jobless Claims dropped to 201,000 for the week ending January 4, the lowest level since February 2024, indicating a steady labor market.
Minutes from the December FOMC meeting highlighted policymakers' views of a gradual easing in labor market conditions and their support for slowing the pace of rate cuts due to stalled disinflation.
On Wednesday, the benchmark 10-year US Treasury yield surged to its highest since April 25, strengthening the US Dollar near a two-year high and putting pressure on Gold prices.
⭐️Personal comments NOVA:
Short term frame shows price breaking trend, continuing to increase. Waiting for correction in higher price zones 2674, 2686
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2663 - $2661 SL $2657 scalping
TP1: $2667
TP2: $2672
TP3: $2680
⭐️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