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Wave 5 model Increases long-term frame H4! XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 7/15 - 7/19/2024 🔥 World situation: Gold's price remained over $2,400 after dropping to a daily low of $2,391. The metal's value is predicted to rise for the third week amid speculation that the Federal Reserve may start easing in September. Despite higher-than-expected factory prices, the dollar didn't strengthen, benefiting gold. The XAU/USD stands at $2,415. June's Producer Price Index exceeded predictions while July's preliminary consumer sentiment reading from the University of Michigan declined, but inflation expectations have eased. 🔥 Identify: Gold price moves in the final wave (wave 5) in the long-term bullish model H4. Target to break the highest peak of 2451 and create 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: $2422, $2450, $2466 Support : $2392, $2357 🔥 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
12
Will XAU hit new ATH in July ??⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: A failed assassination attempt on Donald Trump, a Republican candidate in the 2024 presidential election, increased his chances of winning and raised hopes for less regulation. This boosted investor interest in riskier assets and may limit the rise in the price of gold, which is considered a safe-haven. Additionally, the US dollar's modest strength, fueled by the belief that Trump's policies would increase government debt and inflation, will help keep the XAU/USD (gold price) in check. ⭐️ Personal comments NOVA: The long-term framework still supports the increase in Gold prices - the FED has positive information for early interest rate cuts to help Gold prices gain momentum higher. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2392 - $2390 SL $2385 TP1: $2405 TP2: $2420 TP3: $2430 🔥SELL GOLD zone: $2449 - $2551 SL $2456 TP1: $2440 TP2: $2430 TP3: $2420 ⭐️ 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
11
MSTR | Potential Reversal We are currently observing interesting price action at the Purple Line - Strong Pivot level on MSTR. The price has been in a clear downtrend but recently found support at this key level. Here’s a breakdown of what’s happening: ✅ Key Support Level: The Purple Line - Strong Pivot level has provided support, preventing further decline for now. ⚠️ Price Action: After a strong bullish bounce, the price shows indecision with small-bodied candlesticks. ✅ Volume Analysis: There is an increasing relative volume average, indicating heightened interest and activity at the support level. The bounce was accompanied by a significant volume spike, suggesting strong buying interest. ➡️ Potential Trading Strategy: Wait for Confirmation: Look for further bullish confirmation, such as a continuation of higher volume on bullish candlesticks or a break above recent highs. Entry Point: Consider entering a long position if bullish confirmation is observed, with a stop loss placed just below the Purple Line - Strong Pivot level to manage risk. Target: Potential upside targets include $1500 (Gray dashed line) Caution: If the price fails to sustain above the Purple Line - Strong Pivot level and volume declines, the downtrend may resume. Monitor the price action and volume closely for further signals. Stay tuned for more updates and happy trading! 🤘🏻🤑
NASDAQ:MSTRLong
by TradeTalkFarsi
2
Prioritize the Uptrend - XAU above $2400⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar gains on Monday, reversing some recent losses and putting pressure on Gold prices for the second day. The Producer Price Index (PPI) rose by 2.6% in June, surpassing expectations of 2.3%. Political uncertainty following a failed assassination attempt on Donald Trump benefits the Dollar, but expectations of a dovish Federal Reserve may limit gains. ⭐️ Personal comments NOVA: Gold price is maintaining an Uptrend above $2400 - accumulating in the price range 2400 - 2420. Optimism for the market is very high reaching a new ATH this year ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2392 - $2390 SL $2385 TP1: $2400 TP2: $2410 TP3: $2420 🔥SELL GOLD zone: $2422 - $2420 SL $2427 TP1: $2415 TP2: $2408 TP3: $2400 ⭐️ 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
Gold will continue to increase after PPI news !! new peak⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: On Thursday, gold prices surged to their highest level since May 22, reaching the $2,424-2,425 region due to predictions of a Federal Reserve rate cut in September following a mild US inflation report. However, lack of sustained buying and a modest rebound of the dollar from a nearly three-month low caused some sell-off of the safe-haven metal during Friday's Asian session. The underlying positive sentiment in the equity markets also contributed to this trend. ⭐️ Personal comments NOVA: Sentiment is very optimistic in the market after yesterday's CPI news - Gold prices maintain an upward momentum to close to the old all-time high ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2393 - $2391 SL $2388 scalping TP1: $2397 TP2: $2400 TP3: $2405 🔥SELL GOLD zone: $2450 - $2452 SL $2457 TP1: $2440 TP2: $2430 TP3: $2420 ⭐️ 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
9
Gold in price increase range! Increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold's price is experiencing slight gains due to speculation that the US Federal Reserve may cut rates as early as September. Global political uncertainties also favor gold, a safe-haven asset. However, China's halt on gold purchases could lead traders to lessen bullish bets, as China is the largest gold consumer globally. Key upcoming events include Fed Chair Jerome Powell's testimony, speeches from Michelle Bowman and Austan Goolsbee of the Fed, and Thursday's US CPI inflation data release. ⭐️ Personal comments NOVA: Gold price leveled off to create liquidity in the 2350 - 2375 area. Waiting for information from the FED on Tuesday and Wednesday, the uptrend is still dominant. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2341 - $2339 SL $2334 TP1: $2348 TP2: $2355 TP3: $2370 🔥SELL GOLD zone: $2382 - $2384 SL $2389 TP1: $2375 TP2: $2360 TP3: $2350 ⭐️ 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
WLDUSDT - Ready for a bullish rebound?After a challenging few months, WLD has dropped significantly in price and now appears to be undervalued. Let's break down the current market conditions and explore a potential long trade setup with a strong risk-to-reward (R:R) Current POC: The price should hold at the current Point of Control (POC) to build up bullish strength. Primary Entry: Enter a long trade at the current price level, focusing on the support at the POC. Stop-Loss Placement: Set the SL just below the POC to ensure a favorable R:R ratio. Target Profit: Aim for a TP at the old trading range, capturing the potential recovery in price.
Long
by SiDec
TRADE BTC/TSLA Pair and Grow your bagsBeen working on something. trying to make swing trades and longer term holds more efficient by trading in a non correlated pair. Such as BTC/TSLA As I want to stay in the market I can move allocation to the horse with the best momentum. Over time this rolls into more shares of TSLA or More BTC when timed correctly. I'm mainly using the yellow 21 EMA vs The Blue/Red Linear Regression Line and their position in relation to the 200 EMA. Still dialing in and will track over next few months. I can almost churn the longterm with this method. but for now I'm just giving it some gas to cook with and see how it works for me. Example today I purchased more TSLA since BTC's relation to TSLA is in a down swing as the 21 day (yellow) crossed down over the Linear regression line (blue/red) and now dipping below the 200 day ema. today TSLA is up 2.19% and BTC is up .38%. This combines both my TSLA holdings and BTC holdings into one big pool where I shift the bulk of the holdings to the Ticker with the best juice making profit on the margin between the 2 tickers while increasing total position size and still participate in capital appreciation.
BITSTAMP:BTCUSD
by AngryBuhda
Expect Gold to touch $2400 soon !! ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) dip during early Monday's European session as the People’s Bank of China (PBoC) holds off on gold purchases for the second month in June. This pause could influence gold prices given China's status as the world's largest bullion consumer. ⭐️ Personal comments NOVA: Gold price is maintaining an Uptrend at the beginning of the week - the target is still touching above 2400 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2362 - $2360 SL $2355 TP1: $2370 TP2: $2380 TP3: $2390 🔥SELL GOLD zone: $2396 - $2398 SL $2403 TP1: $2390 TP2: $2380 TP3: $2370 ⭐️ 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
2
Strong increase in Gold - 3rd quarter 2024✍️ NOVA hello everyone, Let's comment on gold price next week from 7/8 - 7/12/2024 🔥 World situation: Gold prices surged during mid-North American trade after June's US Nonfarm Payrolls report surpassed predictions, but hints of a faster cooling labor market from downward revisions of previous months led traders to anticipate a Federal Reserve rate cut in September. This expectation weakened the Greenback and boosted gold. XAU/USD is now trading at $2,391, marking daily gains over 1.40% and weekly gains above 2.70%, partly driven by a weaker US Dollar undermined by lower US Treasury bond yields. 🔥 Identify: Gold price broke the cumulative sideway structure and rebounded strongly in the third quarter of 2024. While the expectation of interest rate cuts this year is getting closer and closer, it is the factor that helps gold prices stay positive 🔥 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: $2431, $2452, $2480 Support : $2365, $2335 🔥 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
2
BTC Seems To Be Looking For Some Gains?As the title said, BTC seems to be looking for a breakout towards the top. Alts are worth trading but are extremely subjective to BTC movement despite a few alts like INJUSDT which seems to have negative correlation for the past week. That being said, look for long positions at the green line to the golden pocket I provided. I won't be providing a TP because it'll just break into the trendline and range again, so find the tp you're comfortable with. This analysis was done using 4H and 1D. - ElvianElvy
Long
by ElvianElvy
3
XAU continues to increase - break $2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) marginally increased during Thursday's Asian session, but didn't surpass the near two-week high reached previously. The strong global equity market is hindering the safe-haven metal during the US Independence Day holiday. Traders are awaiting Friday's US Nonfarm Payrolls (NFP) report before making further investment decisions. ⭐️ Personal comments NOVA: Gold price after breaking 2350 from the sideway zone 2310 - 2350, the Uptrend prevails, the Bulls prevail. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2349 - $2347 SL $2342 TP1: $2355 TP2: $2368 TP3: $2380 🔥BUY GOLD zone: $2337 - $2335 SL $2330 TP1: $2345 TP2: $2352 TP3: $2360 ⭐️ 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
2
Breakthrough in early July 2024! XAU fluctuates✍️ NOVA hello everyone, Let's comment on gold price next week from 7/1 - 7/5/2024 🔥 World situation: Gold prices fell on Friday due to a promising inflation report that suggested potential interest rate cuts from the Federal Reserve in 2024. Despite reaching a four-day high of $2,339, gold ended at $2,324, a 0.12% decrease. The US PCE Price Index report for May triggered these fluctuations, indicating a favorable future for consumers affected by price increases. 🔥 Identify: Gold price sideways accumulated for most of June 2024 from 2300 - 2365, expecting a breakthrough in early July with a recovery for Gold. 🔥 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: $2351, $2387 Support : $2317, $2297, $2270 🔥 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
The recovery rate retested at the beginning of the week! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Fed officials have delayed the first interest rate cut of the year. President Tom Barkin of the Federal Reserve Bank of Richmond stated that the central bank is prepared but will gather more information in the coming months. President Neel Kashkari of the Federal Reserve Bank of Minneapolis believes it may take a year or two to bring inflation back to 2%. The strong US economic data and hawkish Fed tone are supporting the US dollar and suppressing gold prices, as higher interest rates increase the cost of holding non-yielding assets. ⭐️ Personal comments NOVA: Gold price recovered slightly, returning to the retest of weak resistance areas. Mainly still sideways below $2350 at the beginning of the week ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2311 - $2309 SL $2304 TP1: $2316 TP2: $2322 TP3: $2330 🔥SELL GOLD zone: $2331 - $2333 SL $2336 TP1: $2325 TP2: $2318 TP3: $2310 🔥SELL GOLD zone: $2340 - $2342 SL $2347 TP1: $2330 TP2: $2320 TP3: $2310 ⭐️ 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
9
BTC - Technicall PossibilitiesWe have 2Scenario for short period of time. BTC price had corrections from 72k. We are in a range between 73k to 57k for more than 3month. We can have Short Position till 60-58K. BTC Long term period still bullish. But corrections may take more time. ✅ 📈 By the way there's a chance for Long and short positions on this descending channel. Also this channel look like Falling wedge pattern on lower frame time. So you can take short if fail to break trendline. If it doesn't fail you can take long position on pullback to the break point. 📉
by salehazimi
Weekend Uptrend for Gold !! Target $2388⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The Bank of England's dovish outlook and rate cut expectations, along with the European Central Bank's decision to lower borrowing costs and the Swiss National Bank's rate cut, indicate a favorable environment for bullish traders in the gold market. The breakout above the 50-day Simple Moving Average further supports an upward trend. Any downward correction could be seen as a buying opportunity, as traders await the flash global PMIs for new momentum. ⭐️ Personal comments NOVA: Gold price trend at the end of the week is prioritized to increase - break 2350 waiting for price range $2388-$2390 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2343 - $2345 SL $2340 scalping TP1: $2350 TP2: $2355 TP3: $2360 🔥BUY GOLD zone: $2332 - $2330 SL $2325 TP1: $2340 TP2: $2350 TP3: $2360 🔥SELL GOLD zone: $2388 - $2390 SL $2395 TP1: $2380 TP2: $2370 TP3: $2360 ⭐️ 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
Short recovery for Gold !! zone $2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises during Asian session, reaching over one-week high around $2,338. US macro data suggests easing inflation and a slowing economy, leading to speculation of two interest rate cuts by the Federal Reserve (Fed) this year. Expectations keep the US Dollar (USD) near weekly low, supporting gold as a commodity. ⭐️ Personal comments NOVA: Gold price sideways, moving within the 2300 - 2350 range, expecting a recovery close to the $2350 price range and then adjusting again without too much important economic data. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2306 - $2304 SL $2298 TP1: $2315 TP2: $2322 TP3: $2330 🔥SELL GOLD zone: $2353 - $2355 SL $2360 TP1: $2345 TP2: $2338 TP3: $2330 ⭐️ 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
2
XAU !! Short recovery - below 2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price struggles to capitalize on previous bounce from $2,300 mark, oscillates in narrow band during Asian session. Currently around $2,330 area, traders seek clarity on timing of Federal Reserve interest rate cuts. Fed adopted more hawkish stance with only one rate cut forecasted for 2024. Markets still expect two rate cuts this year due to subsiding US inflation and weaker Retail Sales data. Rate cut bets rise for September and December. ⭐️ Personal comments NOVA: Gold price is still in the sideway price range of 2300 - 2350, today bank holiday Gold price will not change too much. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2307- $2309 SL $2302 TP1: $2315 TP2: $2325 TP3: $2340 🔥SELL GOLD zone: $2348 - $2350 SL $2355 TP1: $2340 TP2: $2330 TP3: $2320 ⭐️ 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
5