Accumulated above 3300, market is sideways⭐️GOLDEN INFORMATION:
Gold prices posted modest gains on Wednesday, supported by a pullback in US Treasury yields, even as the US Dollar remained firm against major currencies. Market sentiment continued to be driven by trade developments, while the Federal Reserve’s latest meeting minutes revealed that policymakers are still leaning toward a rate cut in 2025. At the time of writing, XAU/USD is trading at $3,312, up 0.31%.
The FOMC minutes indicated that the majority of Fed officials believe a rate cut this year would be appropriate, with a few members open to the possibility of initiating a reduction as early as July—provided the economic data continues to align with expectations.
⭐️Personal comments NOVA:
Gold price recovered to 3320, mainly still accumulating, waiting psychology on current tariff situation of countries
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3358- 3360 SL 3365
TP1: $3345
TP2: $3332
TP3: $3320
🔥BUY GOLD zone: $3245-$3247 SL $3240
TP1: $3256
TP2: $3269
TP3: $3280
⭐️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
Sellgold
downtrend, gold price below 3300⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) remain under pressure during Wednesday’s Asian session, slipping below the $3,300 level and hitting their lowest point in over a week. The decline comes amid growing consensus that the Federal Reserve (Fed) will maintain interest rates at elevated levels for an extended period, especially as expectations rise that aggressive US tariffs could fuel inflation in the months ahead.
This outlook has driven US Treasury yields higher and kept the US Dollar (USD) anchored near a two-week high reached on Tuesday — a key headwind for the non-yielding precious metal, which continues to face downward pressure as a result.
⭐️Personal comments NOVA:
Gold price breaks support, DOW H1 formation, gold downtrend below 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3344- 3446 SL 3351
TP1: $3335
TP2: $3320
TP3: $3302
🔥BUY GOLD zone: $3256-$3254 SL $3249
TP1: $3268
TP2: $3280
TP3: $3298
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Bears pressure early week below 3300⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) face renewed selling pressure, dipping toward the $3,320 level during the early Asian session on Monday. The pullback comes as June’s stronger-than-expected US Nonfarm Payrolls (NFP) report has reshaped market expectations around the Federal Reserve’s (Fed) policy path. Investors now turn their attention to the upcoming release of the FOMC Minutes on Wednesday for further guidance.
The US economy added 147,000 jobs in June, beating expectations and slightly up from May’s revised figure of 144,000. Meanwhile, the Unemployment Rate held steady at 4.1%. These figures reinforced the view that the labor market remains resilient, thereby lowering the odds of an imminent Fed rate cut. As a result, the US Dollar has strengthened, weighing on non-yielding assets such as Gold.
⭐️Personal comments NOVA:
Downtrend at the beginning of the week, gold price returns to accumulate below 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3337- 3339 SL 3344
TP1: $3328
TP2: $3312
TP3: $3300
🔥BUY GOLD zone: $3297-$3295 SL $3290
TP1: $3308
TP2: $3320
TP3: $3330
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
stable tariffs, gold price impact reduction✍️ NOVA hello everyone, Let's comment on gold price next week from 06/30/2025 - 07/04/2025
⭐️GOLDEN INFORMATION:
Gold prices plunged over 1.5% on Friday as risk appetite strengthened, fueled by a combination of positive geopolitical and economic developments. Easing tensions between Israel and Iran, the formal trade agreement between the United States and China, and continued efforts by Washington to strike new commercial deals with global partners lifted market sentiment—dampening demand for safe-haven assets like bullion.
At the time of writing, XAU/USD is trading at $3,274, having pulled back from an earlier high of $3,328. On Thursday, the White House confirmed the signing of a long-awaited trade pact with China, marking an official end to the protracted trade war. US Commerce Secretary Howard Lutnick also indicated that additional agreements may be finalized ahead of the July 9 deadline
⭐️Personal comments NOVA:
Information on tariff negotiations is gradually becoming stable and favorable. Information on inflation showing signs of increasing, dxy increase is also a temporary pressure causing gold price to return to the 3200 mark.
🔥 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: $3307, $3348, $3390
Support: $3248, $3202
🔥 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
Strong weekend selling pressure, below 3300⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) came under renewed selling pressure during the Asian session on Friday, retreating below the $3,300 level after a lackluster performance the previous day. The precious metal is edging closer to the two-week low seen on Tuesday, as investors await the release of the US Personal Consumption Expenditures (PCE) Price Index. This key inflation gauge is expected to offer fresh insight into the Federal Reserve’s policy outlook and could significantly influence US Dollar (USD) movements—ultimately shaping the near-term trajectory of the non-yielding yellow metal.
⭐️Personal comments NOVA:
Selling pressure at the end of the week caused gold prices to fall below 3300, maintaining selling pressure and falling today
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3326- 3328 SL 3333
TP1: $3315
TP2: $3302
TP3: $3290
🔥BUY GOLD zone: $3248-$3250 SL $3243
TP1: $3260
TP2: $3270
TP3: $3280
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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 prices continue temporary downtrend⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) came under renewed selling pressure during Friday’s Asian session, dipping to their lowest level in over a week, near the $3,344–$3,345 range. The decline was largely driven by the Federal Reserve’s hawkish tone, which emphasized persistent inflation risks and suggested a more gradual path to interest rate cuts—dampening demand for the non-yielding precious metal. Nevertheless, fragile market sentiment and a cautious risk environment may continue to lend some support to gold, potentially cushioning it against steeper declines.
⭐️Personal comments NOVA:
Selling pressure continues to maintain, pushing gold price down to 3304 today, the downtrend price line is maintaining well.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3418- 3420 SL 3425
TP1: $3400
TP2: $3382
TP3: $3370
🔥BUY GOLD zone: $3306-$3304 SL $3299
TP1: $3315
TP2: $3328
TP3: $3340
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Bears under strong pressure, gold price adjusted⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) saw a modest rebound during Thursday’s Asian session, recovering part of the prior day’s decline and stabilizing around the $3,362–$3,363 zone, marking the weekly low. Lingering trade uncertainties and escalating geopolitical tensions in the Middle East continue to weigh on global risk sentiment, supporting demand for the safe-haven metal.
Meanwhile, the U.S. Federal Reserve concluded its two-day policy meeting on Wednesday by holding interest rates steady, while signaling a more cautious approach to future rate cuts. This shift, driven in part by concerns that President Donald Trump’s tariff policies could fuel inflation, boosted the U.S. Dollar to its highest level in over a week. The resulting Dollar strength is capping gold’s upside momentum, keeping the metal below the $3,400 threshold and prompting investors to remain cautious.
⭐️Personal comments NOVA:
Bears continue to put selling pressure on gold prices. Accumulating below 3400.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3414- 3416 SL 3421
TP1: $3402
TP2: $3390
TP3: $3376
🔥BUY GOLD zone: $3347-$3345 SL $3340
TP1: $3355
TP2: $3368
TP3: $3380
⭐️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
Adjusted down 3385 at the beginning of the week⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) climbed toward $3,445 during the early Asian session on Monday, marking their highest level in over a month as mounting tensions in the Middle East and growing expectations of a Federal Reserve rate cut bolstered demand for safe-haven assets.
Despite stronger-than-expected US economic data on Friday, investors remained focused on geopolitical risks. The University of Michigan’s Consumer Sentiment Index for June jumped to 60.5, well above the consensus forecast of 53.5 and May’s reading of 52.2. However, markets largely shrugged off the data.
Instead, attention turned to the escalating conflict in the Middle East, where Israel’s recent strike on Iran has intensified fears of broader regional instability. In response, Iranian authorities warned they would “respond firmly to any adventurism,” reinforcing gold’s appeal amid global uncertainty.
⭐️Personal comments NOVA:
At the beginning of the week, gold prices adjusted slightly down, returning to the liquidity zone of 3385, before continuing the uptrend.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3462- 3464 SL 3469
TP1: $3450
TP2: $3440
TP3: $3430
🔥BUY GOLD zone: $3390-$3388 SL $3383
TP1: $3400
TP2: $3410
TP3: $3422
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
CPI, US inflation, gold price waiting to decrease⭐️GOLDEN INFORMATION:
Gold (XAU/USD) drew fresh bids in Wednesday’s Asian trading, reclaiming the $3,340 level and edging back toward this week’s high. A U.S. federal appeals court decision allowing President Donald Trump’s broad tariffs to remain in force—for now—added a fresh layer of trade uncertainty and stoked safe-haven demand. Heightened geopolitical tensions and growing expectations that the Federal Reserve will cut rates in September further bolstered the non-yielding metal. Even so, optimism surrounding ongoing U.S.–China talks has lifted broader risk sentiment, while a mildly stronger U.S. Dollar is helping keep gold’s upside in check.
⭐️Personal comments NOVA:
Gold price recovered, buying power increased gradually in Asian session, approaching resistance zone 3348
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3373- 3375 SL 3380
TP1: $3360
TP2: $3350
TP3: $3340
🔥BUY GOLD zone: $3278- $3280 SL $3273
TP1: $3290
TP2: $3300
TP3: $3314
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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
Selling pressure, bears active⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edge higher toward $3,325 during the early Asian session on Tuesday, supported by a softer US Dollar as markets turn cautious ahead of key developments in US-China trade negotiations.
Delegations from the United States and China are set to continue discussions for a second consecutive day in London. President Donald Trump expressed optimism, stating the talks “should go very well.” According to US officials, discussions may lead to Washington lifting certain tech export restrictions in exchange for Beijing easing controls on rare earth exports — materials vital to sectors ranging from energy and defense to advanced technology. The outcome of these negotiations could provide fresh direction for the precious metal.
⭐️Personal comments NOVA:
The market is mainly sideways and accumulating, under selling pressure below 3300 due to the US-China trade negotiations taking place today.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3350- 3352 SL 3357
TP1: $3340
TP2: $3330
TP3: $3320
🔥BUY GOLD zone: $3276- $3274 SL $3269
TP1: $3285
TP2: $3300
TP3: $3312
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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 price recovers, accumulates new week⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) hold steady near $3,310 during the early Asian trading hours on Monday, with the precious metal struggling to gain traction amid renewed strength in the US Dollar (USD). While a firmer Greenback poses headwinds for gold, lingering uncertainty surrounding President Donald Trump’s tariff strategy continues to offer some support.
On Friday, upbeat labor market data bolstered the dollar, pressuring dollar-denominated assets like gold. The US Bureau of Labor Statistics (BLS) reported that Nonfarm Payrolls rose by 139,000 in May, outpacing expectations of 130,000 and surpassing the previous month's downwardly revised figure of 147,000 (from 177,000). The stronger-than-expected jobs report has dampened hopes of near-term Fed rate cuts, weighing on bullion’s appeal.
⭐️Personal comments NOVA:
Gold price takes liquidity 3294, below 3300 GAP zone last week. Accumulate and react at lower support zones
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3348- 3350 SL 3355
TP1: $3340
TP2: $3330
TP3: $3320
🔥BUY GOLD zone: $3281- $3279 SL $3274
TP1: $3292
TP2: $3300
TP3: $3315
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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
Breaking the big frame, gold price returns to accumulation✍️ NOVA hello everyone, Let's comment on gold price next week from 06/09/2025 - 06/13/2025
🔥 World situation:
Gold prices declined for a second straight session on Friday, yet remain on track to close the week with a gain of over 1.30%, as traders recalibrate expectations for Federal Reserve policy easing following a stronger-than-expected U.S. Nonfarm Payrolls report. At the time of writing, XAU/USD is trading at $3,322, marking a 0.84% daily decline.
The U.S. Bureau of Labor Statistics (BLS) reported that the labor market continues to show resilience, with the unemployment rate holding steady from April. Meanwhile, Wall Street staged a modest rebound from Thursday’s losses, despite political tensions flaring between President Donald Trump and Tesla CEO Elon Musk, following the House's approval of a bill to raise the U.S. debt ceiling.
🔥 Identify:
Gold prices reacted lower after the release of good May employment data. Breaking the H4 uptrend line, gold prices continued to accumulate.
🔥 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: $3348, $3400
Support: $3251, $3202
🔥 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
Selling pressure, gold price falls below 3300⭐️GOLDEN INFORMATION:
Gold prices continued to retreat during Wednesday’s North American session, slipping below the $3,300 mark after reaching an intraday high of $3,325 earlier. The pullback, amounting to a 0.27% decline, came as traders absorbed the implications of the latest Federal Reserve (Fed) meeting minutes.
During the May 6–7 policy meeting, the Fed opted to leave interest rates unchanged, highlighting growing uncertainty surrounding the economic impact of proposed tariffs. Officials maintained a cautious stance, citing heightened risks of both inflation and unemployment—potential consequences of trade disruptions.
The minutes also reflected concerns over stagflation, with policymakers noting that “the Committee may face challenging trade-offs if inflation proves more persistent while growth and employment expectations deteriorate.”
⭐️Personal comments NOVA:
The downtrend line remains intact, gold prices are trading around below 3300. The tariff backdrop remains largely unchanged.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3311- 3313 SL 3318
TP1: $3300
TP2: $3290
TP3: $3280
🔥BUY GOLD zone: $3205- $3207 SL $3200
TP1: $3218
TP2: $3230
TP3: $3248
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Selling pressure, gold price continues to fall below 3285?⭐️GOLDEN INFORMATION:
Gold prices declined by nearly 2% on Monday, slipping below the $3,300 mark, as investor sentiment improved following U.S. President Donald Trump’s decision to postpone tariffs on European Union imports. The renewed risk appetite, coupled with a modest rebound in the U.S. Dollar from last week’s losses, placed pressure on the non-yielding precious metal.
The move came after a weekend call between President Trump and European Commission President Ursula von der Leyen, which resulted in the U.S. deferring the planned 50% tariffs on EU goods until July 9. The development eased global trade concerns, prompting a shift away from safe-haven assets—excluding the Greenback—and helped propel global equity markets higher.
⭐️Personal comments NOVA:
Accumulated price zone around 3300, under selling pressure, mainly waiting for important economic news this week: GDP, FOMC
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3363- 3365 SL 3370
TP1: $3352
TP2: $3340
TP3: $3325
🔥BUY GOLD zone: $3266- $3268 SL $3261
TP1: $3277
TP2: $3286
TP3: $3300
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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 back below 3200 today?⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edged lower to around $3,230 during early Asian trading on Tuesday, weighed slightly by a modest rebound in the US Dollar (USD). However, lingering concerns over the health of the US economy—especially in the wake of Moody’s recent credit rating downgrade—may help limit further downside for the precious metal.
The Greenback’s recovery is curbing upside momentum for USD-denominated assets like gold. Still, heightened economic uncertainty continues to underpin safe-haven demand. Moody’s downgraded the US sovereign rating from "Aaa" to "Aa1" on Friday, citing escalating debt levels and interest obligations that now exceed those of other similarly rated nations. These developments are keeping risk sentiment fragile and lending underlying support to gold prices.
⭐️Personal comments NOVA:
Accumulate along the upper and lower trend lines, gold price will break and take more liquidity than the downtrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3224- 3226 SL 3230 scalping
TP1: $3215
TP2: $3208
TP3: $3200
🔥SELL GOLD zone : 3276- 3278 SL 3283 scalping
TP1: $3260
TP2: $3250
TP3: $3240
🔥BUY GOLD zone: $3152 - $3150 SL $3145
TP1: $3165
TP2: $3180
TP3: $3195
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
16 hours ago
Gold price hidden 3200, waiting for opportunity to increase✍️ NOVA hello everyone, Let's comment on gold price next week from 05/19/2025 - 05/23/2025
🔥 World situation:
Gold prices dropped over 1.5% on Friday, poised to close the week with a steep loss of more than 4%, as improved risk sentiment drove investors away from safe-haven assets and toward equities and other riskier investments. At the time of writing, XAU/USD is trading around $3,187, retreating from a daily peak of $3,252.
The precious metal started the week on the back foot following reports of a significant de-escalation in the US-China trade conflict, including a mutual agreement to reduce tariffs by 115%, which triggered a sharp selloff in bullion. Despite fluctuating between $3,120 and $3,265 throughout the week, gold struggled to sustain bullish momentum, with fading buyer interest becoming increasingly evident amid stronger risk appetite and encouraging US economic data.
🔥 Identify:
Gold price is still in the accumulation phase waiting for a price decrease around 3200. Will be greatly affected by tariff news and Russia - Ukraine peace negotiations
🔥 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: $3265, $3357
Support: $3160, $3112
🔥 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
Gold price downtrend with PPI news⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) extended their decline for a second consecutive session on Thursday, marking the third drop in the past four days and slipping to a more than one-month low below the $3,150 mark during Asian trading hours. The sustained downward pressure is largely driven by renewed optimism following signs of a meaningful de-escalation in the US-China trade dispute — a development that has dampened demand for traditional safe-haven assets like gold.
The announcement of a 90-day trade truce between the world’s two largest economies has also helped ease recession fears in the U.S., prompting investors to scale back expectations for aggressive monetary policy easing by the Federal Reserve. This shift has supported a continued rise in U.S. Treasury yields, further weighing on demand for the non-interest-bearing yellow metal.
⭐️Personal comments NOVA:
Downtrend, bears continue to put downward pressure on the market, heading towards the 3100 price zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3198- 3200 SL 3205
TP1: $3190
TP2: $3180
TP3: $3170
🔥BUY GOLD zone: $3101 - $3099 SL $3094
TP1: $3110
TP2: $3120
TP3: $3130
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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 continues sideways above 3200 zone⭐️GOLDEN INFORMATION:
U.S. President Donald Trump stated on Monday that he does not anticipate reinstating the 145% tariffs on Chinese imports following the current 90-day suspension. In a Fox News interview on Wednesday, he emphasized the "excellent" relationship with China, which fueled trade optimism and weighed on safe-haven demand for Gold during the Asian session.
Meanwhile, on the geopolitical front, Russia and Ukraine are preparing for their first high-level, in-person negotiations since 2022, scheduled to take place in Istanbul this week. The talks come amid mounting international pressure for Moscow to accept a proposed 30-day ceasefire. Representing the U.S., Secretary of State Marco Rubio, along with special envoys Steve Witkoff and Keith Kellogg, are expected to participate in the discussions.
⭐️Personal comments NOVA:
Accumulation price zone, gold price sideways around 3200 - 3270, balance between buyers and sellers
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3282- 3284 SL 3289
TP1: $3270
TP2: $3260
TP3: $3250
🔥BUY GOLD zone: $3167 - $3165 SL $3160
TP1: $3178
TP2: $3189
TP3: $3200
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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
CPI - inflation assessment, gold accumulation⭐️GOLDEN INFORMATION:
Swap markets have now fully priced in a 25 basis point rate cut by the Federal Reserve in September, with expectations for two additional reductions by year-end. This marks a slight shift from last week, when traders had anticipated the first cut as early as July and a total of three rate cuts in 2025.
On the geopolitical front, Indian Prime Minister Narendra Modi stated on Monday that military operations against Pakistan are merely on hold, warning that future actions will depend on Islamabad’s conduct. Meanwhile, Ukrainian President Volodymyr Zelensky expressed willingness to meet Russian President Vladimir Putin later this week, following US President Donald Trump's call for him to "immediately" accept a peace summit invitation in Turkey. Heightened geopolitical risks from these developments could fuel demand for safe-haven assets like gold, reinforcing the metal’s appeal amid ongoing global uncertainty.
⭐️Personal comments NOVA:
CPI assesses the level of inflation in the US economy, gold prices continue to strive to maintain the price range around 3200
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3281- 3283 SL 3288
TP1: $3270
TP2: $3260
TP3: $3250
🔥BUY GOLD zone: $3176 - $3174 SL $3169
TP1: $3185
TP2: $3198
TP3: $3210
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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
Bears are active at the beginning of the week, prices are down⭐️GOLDEN INFORMATION:
The United States and China announced “substantial progress” following two days of trade negotiations in Switzerland, marking a potential turning point in efforts to ease tensions between the world’s two largest economies. Chinese Vice Premier He Lifeng characterized the discussions as “an important first step” toward stabilizing bilateral trade, while US Treasury Secretary Scott Bessent echoed the sentiment, noting meaningful advancements were made. The US is expected to release more details about the outcome of the talks on Monday.
While signs of progress may dampen demand for safe-haven assets like gold, lingering uncertainty around the specifics of any deal could still lend some support to the precious metal. “Ongoing ambiguity surrounding tariffs remains one of the most influential factors sustaining gold,” noted David Meger, Director of Metals Trading at High Ridge Futures.
⭐️Personal comments NOVA:
The short-term downtrend is maintained, gold price accumulates around 3300 and continues to go down to lower support zones.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3315- 3317 SL 3322
TP1: $3300
TP2: $3290
TP3: $3280
🔥BUY GOLD zone: $3223 - $3225 SL $3218
TP1: $3238
TP2: $3245
TP3: $3260
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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
H4 frame accumulation 2 trend lines✍️ NOVA hello everyone, Let's comment on gold price next week from 05/12/2025 - 05/16/2025
🔥 World situation:
Gold prices advanced over 1% on Friday, rebounding as the US Dollar (USD) softened following a two-day winning streak, pressured by declining US Treasury yields. Renewed risk-off sentiment, fueled by persistent geopolitical tensions, bolstered demand for the safe-haven metal. At the time of writing, XAU/USD is trading near $3,338.
US equity markets slipped as investors adopted a cautious stance ahead of Saturday’s high-stakes meeting between US and Chinese delegations in Switzerland. While hopes for a de-escalation in trade tensions remain elevated, uncertainty continues to dominate sentiment.
Adding to the volatility, US President Donald Trump reignited trade concerns by stating on social media, “80% Tariff on China seems right! Up to Scott B.”
🔥 Identify:
Gold prices slow down, starting to accumulate more. Trade negotiations will appear more, putting selling pressure on gold prices 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: $3402, $3435
Support : $3282, $3203
🔥 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
Downtrend - will gold price return to 3233?⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rebounded from an early Asian session drop to a multi-day low, reclaiming ground above the $3,300 psychological level in the past hour. The precious metal continues to draw support from persistent geopolitical uncertainties, including the Russia-Ukraine conflict, intensifying tensions in the Middle East, and renewed friction along the India-Pakistan border. That said, the upside appears constrained by improving risk sentiment, driven by renewed optimism surrounding a US-UK trade agreement and the launch of US-China tariff negotiations over the weekend.
⭐️Personal comments NOVA:
Gold prices are under great selling pressure as trade negotiations on tariffs are becoming more active. They may return to the 323x price zone and continue to accumulate.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3351- 3353 SL 3358
TP1: $3340
TP2: $3330
TP3: $3320
🔥BUY GOLD zone: $3232 - $3234 SL $3227
TP1: $3245
TP2: $3260
TP3: $3270
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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
bullish momentum, accumulating around 3400⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) regained strong upward momentum during the Asian session on Thursday, rebounding sharply above the $3,400 level in the past hour and recovering much of its overnight pullback from a two-week high. The renewed demand for the safe-haven metal comes as US President Donald Trump downplayed expectations of an imminent resolution to the US-China trade dispute, stating he feels "no rush" to finalize an agreement. Heightened geopolitical tensions—including the ongoing Russia-Ukraine war, instability in the Middle East, and escalating military friction between India and Pakistan—further support gold's appeal as a defensive asset.
⭐️Personal comments NOVA:
Gold price continues to recover well around 3400, FED's speech is quite moderate, predicted early by investors, the market is positive in the recovery trend this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3438- 3440 SL 3445
TP1: $3425
TP2: $3410
TP3: $3395
🔥BUY GOLD zone: $3352 - $3350 SL $3345
TP1: $3365
TP2: $3380
TP3: $3400
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell 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