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Longxauusd

New era of Gold, Gold price continues to Increase✍️ NOVA hello everyone, Let's comment on gold price next week from 1/4 - 5/4/2024 🔥 World situation: The price of gold hits all-time highs near $2,230 per ounce, aiming for a fifth consecutive session of gains on Friday. Trading volumes are low due to Good Friday observance. The allure of gold is attracting buyers as market sentiment suggests that major central banks will start cutting interest rates this year. Investors have confidence in gold and anticipate three rate cuts from the US Federal Reserve in the coming months, according to Chicago Fed President Austan Goolsbee, who leans toward a dovish stance. Goolsbee emphasizes the need for more evidence of inflation subsiding before taking action. 🔥 Identify: Gold Prices Despite Key Economic Data Good for the Dollar, Rising and Reaching All-Time Highs. FOMO and the tense world situation are the main driving forces to help Gold prices continue to increase in the near future 🔥 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: $2238, $2260, $2300 Support : $2210, $2195, $2157 🔥 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
Gold Price is gradually coming the next trend for Gold⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During Wednesday's Asian session, there is a noticeable interest in buying gold (XAU/USD) at a lower price. This has temporarily halted the downward movement that occurred towards the end of the previous day, just as it approached the significant $2,200 level. The Federal Reserve (Fed) stated last week that it intends to reduce interest rates by 75 basis points in 2024. This, combined with a cautious market sentiment due to concerns about geopolitical risks arising from the ongoing Russia-Ukraine conflict and conflicts in the Middle East, are important factors contributing to the support of gold as a safe-haven asset. ⭐️ Personal comments NOVA: In the long-term frame, Gold price is still in an UP trend, but purchasing power has gradually decreased. The sideway amplitude $2150 - $2180 is gradually breaking and has a new trend in early April 2024 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2150 - $2152 SL $2145 TP1: $2160 TP2: $2168 TP3: $2176 🔥SELL GOLD zone: $2193 - $2195 SL $2200 TP1: $2180 TP2: $2170 TP3: $2160 ⭐️ 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
New highest price range from Gold !! $2220 ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) has reduced some of its gains made earlier in the day, after reaching a new all-time high during the Asian session on Thursday. However, it is still trading positively for the second consecutive day and is currently around the $2,200 level. The Federal Reserve (Fed) has indicated that it plans to reduce interest rates by 75 basis points this year, which has helped calm the market's concerns about the central bank lowering its projection for the number of rate cuts to just two, despite persistent inflation. As a result, the US Dollar (USD) has weakened from its two-week high reached on Wednesday, further boosting the value of gold. ⭐️ Personal comments NOVA: Gold price reached an all-time high of $2,220, after the news of the FED's decision to keep interest rates unchanged. Still positive, FOMO from the market, Gold price continues to increase well ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2180 - $2182 SL $2175 TP1: $2190 TP2: $2205 TP3: $2220 🔥SELL GOLD zone: $2210 - $2212 SL $2215 scalping TP1: $2205 TP2: $2200 TP3: $2190 🔥SELL GOLD zone: $2219 - $2221 SL $2226 TP1: $2210 TP2: $2200 TP3: $2180 ⭐️ 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
6
FOMC decides next week's Gold price trend✍️ NOVA hello everyone, Let's comment on gold price next week from 18/3 - 22/3/2024 🔥 World situation: The price of gold declined from approximately $2,180 on Friday, experiencing consecutive sessions of losses as investors' expectations for the start of the US Federal Reserve's easing cycle were delayed due to robust US economic data. The higher-than-anticipated inflation numbers support Fed Chair Jerome Powell's statement to exercise patience and maintain the current monetary policy approach until the disinflation process progresses. Currently, the XAU/USD is trading at $2,157.66, reflecting a 0.20% decrease. 🔥 Identify: Next week will see information about the FOMC meeting to decide the Fed's upcoming interest rate. Comment: Experts' expectations about the Golden Era are still very high, the time for FED's interest rate cuts is getting closer, and the belief in reduced inflation is growing. These are the motivating reasons for Gold prices to continue to increase 🔥 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: $2200, $2200 Support : $2125, $2100 🔥 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
$2150, sudden increase from Gold⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the early European session on Tuesday, the price of gold (XAU/USD) is observed to be fluctuating within a range. It is currently consolidating its recent significant gains, reaching a three-month high around the $2,120 mark touched the previous day. Traders are displaying hesitancy and prefer to wait for further indications regarding the Federal Reserve's (Fed) potential rate cuts before making any new directional bets. As a result, all eyes will be on Fed Chair Jerome Powell's two-day congressional testimony, set to commence on Wednesday. In addition to this, investors will be faced with the release of crucial US macroeconomic data at the start of the new month. This includes the highly influential monthly employment data, or the Nonfarm Payrolls (NFP) report, scheduled for Friday. Consequently, this data will have a significant impact on the demand for the US Dollar (USD) and subsequently provide fresh momentum for the precious metal. Meanwhile, expectations of rate cuts by the Fed in June are keeping USD bulls on the defensive and offering support to gold, which does not yield interest. ⭐️ Personal comments NOVA: Outstanding growth from Gold, Nearest resistance zone $2150 Gold soon reached ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2148 - $2150 SL $2155 TP1: $2140 TP2: $2130 TP3: $2120 ⭐️ 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
Test $2060, continuing the UP trend ! XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 4/3 - 8/3/2024 🔥 World situation: The ISM February Manufacturing PMI decreased to 47.8 from 49.1, indicating a contraction in the U.S. manufacturing sector. Timothy Fiore, Chair of the Institute for Supply Management, mentioned that the rate of contraction was faster than in January, with a slowdown in demand, decrease in output, and continued support for inputs. As a result of the data, Gold prices experienced a significant increase as U.S. Treasury bond yields dropped, leading to expectations of earlier-than-anticipated rate cuts. Consequently, XAU/USD prices surged aggressively, reaching a new high for the year at $2,087.45, while U.S. Treasury bond yields fell. The yield of the U.S. 10-year Treasury bond declined by five and a half basis points (bps) to 4.197%, and real yields, as measured by the 10-year Treasury Inflation-Protected Securities (TIPS) yield, decreased from 1.934% to 1.878%. These developments had a negative impact on the value of the U.S. Dollar (USD). 🔥 Identify: Gold price increased sharply after the 6th PMI news. Continuing the upcoming UP trend of Gold Break out of the $2060 area, a huge buying pressure. The correction to test back to the $2060 area is essential to help Gold prices continue to increase and stabilize the market. 🔥 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: $2120, $2150 Support : $2060, $2040 🔥 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
8
Gold prices are still increasing in price ! UP⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold remains stable around $2,030 on Wednesday, showing a slight increase of 0.17%. This comes after the US Bureau of Economic Analysis (BEA) announced that the country's economy has grown. The decline in US Treasury bond yields has kept the value of gold close to its monthly and weekly highs, although it is still limited by the 50-day Simple Moving Average (SMA). On Wall Street, most stock market indices are experiencing little to no change, with some even showing a slight decrease. The Gross Domestic Product (GDP) for the last quarter of 2023 expanded slightly less than what was expected according to consensus and preliminary readings. Additionally, Retail and Wholesale Inventories have shown mixed results. Federal Reserve (Fed) Regional Presidents Susan Collins and John Williams have made statements. They have reiterated their previous remarks about potentially implementing looser monetary policies later in the year. They also emphasized that the core inflation rate has not yet reached the desired 2% goal. ⭐️ Personal comments NOVA: In the context of unstable US economic data, bad for the dollar, good for Gold. Gold prices continue to be supported moving towards higher price ranges ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2028 - $2030 SL $2022 TP1: $2036 TP2: $2042 TP3: $2050 🔥SELL GOLD zone: $2048 - $2050 SL $2055 TP1: $2044 TP2: $2038 TP3: $2031 ⭐️ 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
12
GDP, the highlight for gold price growth or not ?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold is experiencing modest gains but remains stuck within a narrow range during Tuesday's mid-North American session. This is supported by the decrease in US Treasury bond yields, which in turn weakens the US Dollar Index (DXY) by 0.05%. Currently, XAU/USD is trading at $2,034.88, showing a gain of 0.18%. Gold is hovering around the 50-day Simple Moving Average (SMA) at $2,033.48 as investors prepare for the release of the latest Personal Consumption Expenditures (PCE) report. This report serves as the Federal Reserve's (Fed) measure of inflation. Along with the most recent Gross Domestic Product (GDP) data, these factors could potentially trigger a breakout in the price of gold from its current trading range of $2,020 to $2,050. ⭐️ Personal comments NOVA: Gold price is still in an Uptrend, today's GDP news could help Gold reach $2050 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2020 - $2022 SL $2015 maybe scalping $2025-$2027 TP1: $2030 TP2: $2038 TP3: $2050 🔥SELL GOLD zone: $2048 - $2050 SL $2055 maybe scalping $2042-$2044 TP1: $2040 TP2: $2035 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
2
Gold price continues to be in an increasing trend⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold has pulled back after reaching the 50-day Simple Moving Average (SMA) at $2,033.67 during the European session. It is currently down by 0.40% due to a decline in the value of the US Dollar (USD). The drop in gold prices can also be attributed to an increase in the US 10-year Treasury yield and traders reducing their expectations of a dovish stance from the US Federal Reserve (Fed). Currently, the XAU/USD pair is trading at $2,026.93, having reached a high of $2,037.07. Although sentiment remains mixed, there is a slight negative bias that favors the US Dollar. Speculators on interest rates have priced out the possibility of a rate cut by the Fed in March and May. However, there is a 50% chance of a quarter of a percentage point rate cut in June. The US 10-year Treasury note has increased by four-and-a-half basis points to 4.295%, but it is still below the year-to-date (YTD) high of 4.354%. This increase in Treasury yields has put pressure on gold prices as investors align themselves with the Fed officials' expectation of three rate cuts by the end of 2024. ⭐️ Personal comments NOVA: Gold price continues in an Uptrend according to the H1 Frame, waiting for the Resistance areas that Gold reaches in this Rising wave. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2020 - $2022 SL $2015 TP1: $2030 TP2: $2040 TP3: $2050 🔥SELL GOLD zone: $2048 - $2050 SL $2055 TP1: $2044 TP2: $2038 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
6
Bullish Gold Price After $2030 BREAK✍️ NOVA hello everyone, Let's comment on gold price next week from 26/2 - 1/3/2024 🔥 World situation: The price of gold has once again started to rise this week and is expected to end the week positively. This increase in price is due to the decrease in US Treasury bond yields and the lack of significant news updates. Federal Reserve officials, including New York Fed President John Williams, have made similar remarks, further supporting the upward trend. Currently, the XAU/USD is trading at $2,038, showing a 0.70% increase. Despite the financial markets favoring riskier assets, gold continues to be supported by the decline in US Treasury yields. The 10-year benchmark note has experienced a decrease of three and a half basis points, reaching 4.248%. Despite recent slightly hawkish comments from Fed officials, investors have responded positively by reducing bets on interest rate cuts and anticipating a decrease of 93 basis points by the end of the year. 🔥 Identify: Gold prices unexpectedly increased last week, breaking through the $2030 range and continuing to trade above this range. Expect the uptrend to continue to touch $2050 🔥 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: $2050 Support : $2030, $2016, $2000 🔥 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
Next week is very volatile with federal interest rate news! XAU✍️ NOVA hello everyone, Let's comment on gold price next week from 29/1 - 2/2/2024 🔥 World situatio and Identify: Next week, we will wait for a lot of very important news such as: CB Consumer Confidence, NF, Employment Cost Index q/q, pmi, verage Hourly Earnings m/m... and especially will announce the extremely impressive Federal Funds Rate. important for the US economy in early 2024. With the assumption that interest rates will remain the same or REDUCE, helping to limit Inflation. One factor has a positive impact on Gold prices, along with expectations of Gold growth this week 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2027, $2035, $2056, $2087 Support : $2010, $1995, $1976 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
6
FOMC, the driving force for Gold prices to increase !! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian trading session on Wednesday, the price of gold (XAU/USD) experienced a slight decline and moved further away from its two-week high reached around the $2,048-2,049 range the day before. This decrease is attributed to investors adjusting their expectations regarding the speed and extent of interest rate cuts by the Federal Reserve (Fed) due to robust economic data from the United States. As a result, the US Dollar (USD) remains strong, reaching its highest level since December 13 earlier this week, which puts pressure on the value of gold. However, the recent drop in US Treasury bond yields may prevent the USD bulls from making aggressive bets. This, coupled with concerns about geopolitical risks arising from tensions in the Middle East, could continue to support the demand for gold as a safe-haven asset. Investors may also choose to remain cautious and wait for the highly anticipated FOMC monetary policy meeting before making any significant moves in relation to gold, which lacks yield. Therefore, bearish traders should exercise caution in their positions. ⭐️ Personal comments NOVA: The price chart according to technical analysis is supporting the Uptrend, the H1 frame is trading on a stable EMA line, according to economic experts at today's FOMC meeting, which also supports keeping or reducing interest rates. extreme for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2006 - $2004 SL $1996 TP1: $2015 TP2: $2022 TP3: $2030 🔥SELL GOLD zone: $2054 - $2056 SL $2062 TP1: $2048 TP2: $2040 TP3: $2030 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
10
Wait for today's Gold price trend with PMI news⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During Tuesday's trading session, the price of Gold (XAU/USD) reached $2,030, indicating a gain of 0.43%. This comes after a notable 2% loss last week, as the bears take a pause. The daily chart suggests a neutral-to-bearish sentiment, while the four-hour indicators show a slight inclination towards the upside, hinting at a potential shift in momentum. From a fundamental standpoint, strong economic data in the United States and hawkish sentiments from the Federal Reserve (Fed) have resulted in significant selling of metals. This has raised doubts about the possibility of a future rate-cutting cycle by the Fed. As a result, the upside potential for gold is limited, as rising US yields, which are often considered the cost of holding non-yielding metals, are causing concerns. ⭐️ Personal comments NOVA: Accumulated price, sideway disputes price range $2030-$2020. Today's PMI news may determine the Gold price trend this week, breaking out of the above zone ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2002 - $2005 SL $1995 TP1: $2012 TP2: $2016 TP3: $2020 Pay attention to the BUY2019 and SELL2038 break zones, which can be used for scalping in the Asian and EUR sessions. 🔥SELL GOLD zone: $2053 - $2055 SL $2062 TP1: $2048 TP2: $2040 TP3: $2030 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
5
Sideway trading session at the beginning of the week⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving downwards, reaching $2,027 in the early Asian session on Monday. The strong economic data from the United States has led to expectations that the Federal Reserve (Fed) may postpone interest rate cuts, thereby strengthening the US Dollar (USD). The crucial support level for gold is currently at the psychological mark of $2,000. On Friday, the market may experience volatility due to the release of the US Core Personal Consumption Expenditures Price Index (Core PCE) for December. ⭐️ Personal comments NOVA: The recovery at the end of January 2024 continues. Sideway Monday trading session with short amplitude ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2015 - $2017 SL $2007 TP1: $2025 TP2: $2032 TP3: $2037 🔥SELL GOLD zone: $2035 - $2037 SL $2045 TP1: $2030 TP2: $2025 TP3: $2017 ⭐️ 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
6
Will a short-term recovery take place?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the early trading hours in Asia on Thursday, the price of gold (XAU/USD) has fallen to the $2,000 level. This decline in the value of the precious metal is driven by strong economic data in the United States, which has diminished expectations of an immediate interest rate cut. Currently, at the time of writing, the price of gold is trading at $2,007, representing a 0.07% increase for the day. In the meantime, the US Dollar Index (DXY), which measures the value of the US dollar against its major trading partners, has surged to a new high for 2024, reaching approximately 103.70. Across the yield curve, US Treasury yields are rising, with the 10-year yield standing at 4.10%. ⭐️ Personal comments NOVA: Continuously good economic data for the US economy, the dollar recovered. Gold price decreased around 2000. Expect a slight recovery today ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1995 - $1993 SL $1985 TP1: $2002 TP2: $2010 TP3: $2022 🔥SELL GOLD zone: $2024 - $2026 SL $2030 Scalping TP1: $2020 TP2: $2015 TP3: $2010 🔥SELL GOLD zone: $2033 - $2035 SL $2043 TP1: $2025 TP2: $2017 TP3: $2010 ⭐️ 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
Gold's growth momentum continues⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is experiencing slight increases above the $2,050 level in the early Asian session on Tuesday. The rising tensions in the Red Sea and the prevailing risk-off sentiment favor the demand for safe-haven assets like gold. Currently, the gold price is being traded at $2,055, registering a 0.06% gain for the day. In the meantime, the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trading partners, continues to consolidate near 102.60 since the beginning of the year. The yields on Treasury bonds are decreasing, with the 10-year yield currently at 3.95%. ⭐️ Personal comments NOVA: Today's FOMC meeting will partly determine the Gold trend for the week, along with news of military tensions that will have a positive impact on Gold and precious metals. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2040 - $2042 SL $2034 TP1: $2050 TP2: $2058 TP3: $2067 🔥SELL GOLD zone: $2067 - $2069 SL $2075 TP1: $2060 TP2: $2050 TP3: $2040 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
12
GOLDEN UP trend prevails !! Monday⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is trading without much movement during the early Asian session on Monday. However, the increase in the value of the precious metal is being supported by the weaker US Producer Price Index (PPI) data and escalating tensions in the Middle East. Currently, the gold price stands at $2,045, experiencing a minimal decrease of 0.01% for the day. On Friday, the US Producer Price Index (PPI) for December saw a yearly increase of 1.0%, compared to the revised 0.8% growth in November. This figure fell below market expectations of 1.3%. The annual core PPI, which excludes volatile food and energy prices, rose by 1.8% in December, down from the previous reading of 2.0% and lower than the market consensus of 1.9%. The monthly core PPI remained unchanged for the third consecutive month. ⭐️ Personal comments NOVA: After PPI data decreased compared to expectations last week, along with the tense military situation in the Middle East, Gold prices continued to have a positive start in the Asian session on Monday. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2031 - $2033 SL $2023 TP1: $2045 TP2: $2055 TP3: $2063 🔥SELL GOLD zone: $2063 - $2065 SL $2070 TP1: $2055 TP2: $2048 TP3: $2033 ⭐️ 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
XAU/ USD !! bright spot in the market, price increase cycle⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold is trading higher near its three-week high of around $2,088 per troy ounce during the Asian session on Thursday. The potential for rate cuts by the Federal Reserve (Fed) in the first quarter of 2024 has improved risk appetite, leading to an increase in the price of gold. The presence of major shipping companies returning to the Red Sea indicates a tentative return to normalcy, potentially influenced by the deployment of a multinational task force in the area. However, concerns persist regarding the potential closure of the Gibraltar Strait by Iran. The complex and ever-changing geopolitical situation in the Middle East continues to impact market sentiment and contribute to a growing demand for safe-haven assets such as gold. ⭐️ Personal comments NOVA: Prices continue their steady upward trend, although there is not much impactful news, the positivity and trust of investors helps Gold prices continue to fly high. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2067 - $2069 SL $2060 TP1: $2075 TP2: $2086 TP3: $2094 🔥SELL GOLD zone: $2094 - $2096 SL $2102 TP1: $2086 TP2: $2080 TP3: $2070 ⭐️ 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
10
Sideway price range above 2050 for Gold⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar showed weakness against other currencies, while the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trade partners, fell to its lowest level since July at around 101.45. Treasury yields decreased, with the 10-year yield at 3.89%. Expectations of easing by the Federal Reserve have increased. The market has priced in a 15% chance of a rate cut on January 31 and fully priced in a cut on March 20, with six cuts fully priced in by the end of 2024. However, traders will be closely watching upcoming data for further guidance. It is important to note that lower interest rates benefit gold, as they reduce the opportunity cost of holding non ⭐️ Personal comments NOVA: continues sideways above the $2050 price range. The outlook for ending 2023 is strong for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2045 - $2047 SL $2038 TP1: $2055 TP2: $2068 TP3: $2080 NOTE: Pay attention to the support zone $2050-$2052. BUY SCALPING can be set up 🔥SELL GOLD zone: $2083 - $2085 SL $2090 TP1: $2075 TP2: $2068 TP3: $2060 ⭐️ 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
Gold price at the end of 2023 will remain stable above $2050⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The last week of 2023, without much important economic news, Gold prices maintained a stable high price range above $2050. The information that interest rates will remain unchanged is the information that investors are most interested in, which is beneficial for Gold. Creating one of the most successful years for Gold ⭐️ Personal comments NOVA: Gold prices continue to increase, maintaining high levels through 2023. Very happy signal for investors who believe in Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2053 - $2055 SL $2048 TP1: $2059 TP2: $2065 TP3: $2075 🔥SELL GOLD zone: $2073 - $2075 SL $2079 TP1: $2065 TP2: $2058 TP3: $2053 ⭐️ 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
6
Near Christmas, Gold prices maintain a stable Uptrend⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is struggling to take advantage of its temporary increase to a level close to the highest point in three weeks. Currently, it is trading just below $2,050 as we enter the European session on Friday. The US Dollar (USD) has gained some positive momentum, recovering from a decline that brought it to a five-month low. This recovery is seen as a significant factor supporting the gold market. The upward movement of the USD can be attributed to traders adjusting their positions ahead of the release of important US inflation data. However, this uptick in the USD is expected to be limited due to the anticipation that the Federal Reserve (Fed) will shift away from its previously hawkish stance. ⭐️ Personal comments NOVA: Gold price has broken through the 2050 zone and is currently testing around this zone to continue to create momentum and liquidity. Let's wait for the new price increase zone ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2038 - $2040 SL $2030 TP1: $2046 TP2: $2054 TP3: $2065 🔥SELL GOLD zone: $2064 -$2066 SL $2072 TP1: $2058 TP2: $2050 TP3: $2040 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
5
Final GDP 2023, Last chance for price increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is showing positive momentum on Thursday and is recovering a significant portion of the decline it experienced the previous day from near the weekly high. However, the precious metal continues to trade within a well-known range that has been maintained over the past week or so. Traders are eagerly awaiting a new catalyst before taking positions for the next significant move. As a result, all eyes are on the release of the US Core Personal Consumption Expenditure (PCE) Price Index on Friday, as it has the potential to influence future policy decisions by the Federal Reserve (Fed). The outcome of this release will ultimately determine the short-term direction for this non-yielding commodity. ⭐️ Personal comments NOVA: Last chance for price increase at the end of 2023 after GDP news. Stability from the buyers prevails ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2005 - $2007 SL $2000 TP1: $2013 TP2: $2020 TP3: $2030 🔥SELL GOLD zone: $2068 - $2070 SL $2075 TP1: $2060 TP2: $2050 TP3: $2040 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
2
Will there be a big breakthrough today? XAU increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) has entered a phase of bullish consolidation on Wednesday, as it trades within a narrow range just below the weekly high reached the day before. Several officials from the Federal Reserve (Fed) have recently attempted to delay market expectations of early interest rate cuts in 2024. In addition to this, a slight increase in the value of the US Dollar (USD) and the prevailing risk-on sentiment are acting as obstacles for the safe-haven precious metal. ⭐️ Personal comments NOVA: Continue waiting for opportunities for Gold to continue to increase today ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2020 - $2022 SL $2014 TP1: $2030 TP2: $2040 TP3: $2050 🔥SELL GOLD zone: $2048 - $2050 SL $2055 TP1: $2042 TP2: $2035 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
1