Sideway range, gold price accumulates below 3302⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) kicked off the week on a positive note, rising toward the $3,271 level during Monday’s Asian session as a blend of geopolitical and economic concerns fueled demand for the safe-haven asset. The prolonged Russia-Ukraine conflict, coupled with renewed tensions in the Middle East, continues to elevate global risk sentiment. Meanwhile, lingering uncertainty surrounding US President Donald Trump's tariff agenda has added to investor caution, further supporting the appeal of gold as a hedge in times of instability.
⭐️Personal comments NOVA:
Gold price continues to accumulate, low amplitude at the beginning of the week, waiting for the most important interest rate information this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3302- 3304 SL 3309
TP1: $3290
TP2: $3280
TP3: $3270
🔥BUY GOLD zone: $3204 - $3206 SL $3199
TP1: $3215
TP2: $3224
TP3: $3240
⭐️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
Selloff
Gold price decreased at the beginning of the week⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edged lower toward $3,310 during the early Asian session on Monday, retreating from last week's record highs amid growing signs of easing global trade tensions.
US Agriculture Secretary Brooke Rollins revealed on Sunday that the Trump administration is engaged in daily discussions with China regarding tariffs, according to Reuters. Rollins also emphasized that agreements with several other countries were “very close” to being finalized.
"Headlines hinting at possible partial exemptions from retaliatory tariffs further lifted market sentiment and contributed to gold slipping below the $3,300 mark," noted Yuxuan Tang, strategist at JPMorgan Private Bank.
⭐️Personal comments NOVA:
At the beginning of the week, gold prices were mainly sideways, without much news impact, trading around 3300 and gradually decreasing.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3368- 3370 SL 3375
TP1: $3360
TP2: $3350
TP3: $3340
🔥BUY GOLD zone: $3212 - $3214 SL $3207
TP1: $3225
TP2: $3240
TP3: $3255
⭐️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 stabilized again, trading around 3300⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) found fresh buying interest during the Asian session on Wednesday, pausing its pullback from the previous day’s record high near $3,500. Attempts by the US Dollar (USD) to rebound from multi-year lows faltered, as investor confidence in the US economic outlook continues to erode amid President Donald Trump’s erratic tariff policy shifts.
Additionally, growing expectations of more aggressive monetary easing by the Federal Reserve (Fed) have triggered renewed selling pressure on the greenback. This, in turn, has reinforced demand for the non-yielding yellow metal, helping gold regain upward momentum as investors seek shelter from mounting economic and policy uncertainty.
⭐️Personal comments NOVA:
The slowdown and downward adjustment of gold are inevitable. Profit-taking psychology and cooling news of tariffs and Russia-Ukraine military forces caused gold prices to fall.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3410- 3412 SL 3417
TP1: $3390
TP2: $3380
TP3: $3370
🔥BUY GOLD zone: $3281 - $3283 SL $3276
TP1: $3290
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
Tariff FUD is reking ports. SPY 505 First Stop. 460 Second.Trading Fam,
It's no surprise that Trump's implementation of high tariffs would cause initial FUD. This can be observed in the massive spikes on the $VIX. What is unknown and has caught many traders by surprise, myself included, is how substantial of a drop would be incurred by investor uncertainty.
Initially, it did appear that 500 might hold. That was a huge support. I knew if it broke, the sell-off would be deep. But I held hope that the market would hold above this trendline. It did not. So, yesterday and today, investors who held are incurring substantial losses.
For those who were smarter than me and sold at or near the top, congratulations! You've saved yourself some duress and cash. Now, some are calling this the beginning of a longer bear market. I still don't see it that way. Honestly (and I know this will be hard to believe), I still see the SPY hitting my target #3 at 670-700 before 2026 comes to an end. Longer-term we still remain in a massive secular bull market since 2009 and to break this long-term trend, the SPY would actually have to break below 300. That is a long way down and I just don't see that happening, though as always, I definitely could be wrong.
Shorter-term I am seeing two prominent areas of support. The first has almost been reached at 505. If I would have played this correctly, I'd be DCA'ing in my first load of cash here. The second area of support is at around 460 and slightly rising daily. This would be where I DCA'ed in another load of cash. However, if that broke, I'd exit immediately and reassess the charts. 300 is a long way down, but over the past 5 years we have seen some extraordinary market price action and volatility. TBH, even the best of us technicians are struggling to understand the larger macro-economic picture, but I'd wager to say that tariff fears may be overexaggerated as market reactions often tend to be.
One interesting note is that crypto price action no longer seems to correlate and prices have help up surprisingly well. Could this be our first indicator that the markets are due to turn up again in a few weeks/months? Unknown. But I can promise you I'll be watching this all closely.
✌️Stew
NQ Power Range Report with FIB Ext - 3/11/2025 SessionCME_MINI:NQH2025
- PR High: 19461.50
- PR Low: 19370.25
- NZ Spread: 204.0
Key scheduled economic events:
10:00 | JOLTS Job Openings
Value decline continues, finding 19200s inventory
- Advertising continued selling, keeping slight gap above previous session high open
- Holding auction above previous session close at the lows
Session Open Stats (As of 12:35 AM 3/11)
- Session Open ATR: 498.26
- Volume: 83K
- Open Int: 297K
- Trend Grade: Neutral
- From BA ATH: -13.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
BNTX BioN Tech Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BNTX BioN Tech prior to the earnings report this week,
I would consider purchasing the $115usd strike price Calls with
an expiration date of 2025-9-19,
for a premium of approximately $17.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NQ Power Range Report with FIB Ext - 3/4/2025 SessionCME_MINI:NQH2025
- PR High: 20557.75
- PR Low: 20490.00
- NZ Spread: 151.25
No key scheduled economic events
Friday range supply sweep, placing auction at the lows of previous 2 sessions
- Rotating off 20400 inventory
- Advertising continued selling into new week lows
Session Open Stats (As of 12:45 AM 3/4)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 418.05
- Volume: 52K
- Open Int: 287K
- Trend Grade: Bull
- From BA ATH: -8.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Downward momentum, downtrend next week, XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 03/3/2025 - 03/07/2025
🔥 World situation:
US President Donald Trump confirmed that 25% tariffs on Mexican and Canadian goods will take effect next week on March 4. Meanwhile, the Fed’s preferred inflation gauge, the Core PCE Price Index, signaled continued progress toward the central bank’s 2% target.
Following the data, expectations for further Fed policy easing grew. According to Prime Market Terminal, the Fed is anticipated to cut rates by 70 basis points this year, with investors betting on the first reduction in June.
🔥 Identify:
Breaking the trend, gold continues to maintain a downtrend
🔥 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: $2876, $2903, $2956
Support : $2810, $2773
🔥 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
To Thine Own Shoe be True - $BTC's Other Foot is About to FallBitcoin’s Floor Must Be Lower – Chart Physics and Market Psychology at Work
In this video, I explain why Bitcoin has no choice but to find a lower floor, despite many traders believing the worst is behind us. While price is briefly going to appear to confirm support, this is just part of the process before it comes back down and breaks through it on the third test. The real focus here isn’t whether this level holds for another day or two—it’s about why Bitcoin must go lower before it can establish true support.
For a long time, Bitcoin has been floating over clear air with no real structural support. When price climbs too high without building a strong foundation, it eventually has to fall back down to fill the gaps. Right now, the market is in denial, desperately trying to hold Bitcoin in the $90,000 range, but this isn’t about what traders want—it’s about chart physics and liquidity. When there’s nothing left to hold the price up, it must seek a lower equilibrium.
Psychologically, traders don’t want to accept that Bitcoin might have to revisit $70,000 or lower to reset before moving higher. But markets don’t move based on hope—they move based on supply, demand, and liquidity positioning. Right now, there are no meaningful buyers willing to absorb the sell pressure at this level, which means Bitcoin has nowhere to go but down. Once it finally breaks through, it will likely move quickly, as there’s no real support structure beneath it.
Know thy shoe.
The shoe will find the ground.
(My sincerest apologies about the volume ladies and gentlemen. The problem which I thought I had corrected from a prior video still exists in this video. It is an issue I'm hoping Trading View can correct before too long on their end… The problem originated on my end, but there was nothing I can do after it was recorded, and I had to get this video up there - I believe it contains important time sensitive information…
Please try listening with the volume turned all the way up or perhaps with headphones until the problem can be corrected.
My system issue has been corrected for the future, but Trading View if you can, please tweak this on your end and amplify it. This video is extremely worthwhile..)
That's the Way the Bitcoin TumblesWhy I Think the Sell-Off Isn’t Over Yet
Bitcoin is already in the middle of a sharp sell-off, but at least half the market seems convinced the worst is over and that a recovery is underway. I don’t see it that way. Bitcoin has been grinding sideways into the Bollinger Bands on the weekly chart, and now that it’s finally colliding with the basis lines, I think it’s about to plunge straight through them. This doesn’t look like a market that’s ready to bounce—it looks like one that’s about to take another leg down. Maybe I’m wrong, maybe I’m early, but in my experience, when people start celebrating too soon, things tend to get a whole lot worse.
CRYPTO:BTCUSD
CRYPTOCAP:BTC
CME:MBT1!
CME:BTC1!
CRYPTO:MOBILEUSD
COINBASE:RNDRUSD
CRYPTO:SHPINGUSD
CRYPTO:FXUSD
CRYPTO:ALEOUSD
CRYPTO:HONEYUSD
COINBASE:ACSUSD
CRYPTO:ASMUSD
CRYPTO:BATUSD
CRYPTO:FILUSD
CRYPTO:VTHOUSD
CRYPTO:B3USD
As always, this is not investment advice, any trade you make is on you, because good golly Miss Molly, I got my own things to worry about.
XRP, what are you doing?
There is a good chance price starts to move sideways. A weekly SIBI has formed at 2.59-2.89 and might be the resistance to keep price sideways.
If price does not, I foresee a possible bear retracement occurring.
Multiple FVGs are below current price (2.34). A 4HR SIBI rests at around 2.45-2.46. If price does go up, that SIBI might be the resistance to hold prices from elevating upwards.
Based on what the charts are showing me, we might be headed to another sell-off.
Reason for this assumption is due to the 1-day liquidity zone that sits at $1.77. Also keeping in mind that the bottom 1/3 of the weekly FVG has still been untouched.
If I was analyzing this chart without experiencing yesterday's (2/2/25) sell-off, I would say that we wouldn't get that low into the FVGs. But yesterday was crazy, and I did not think we could get into those gaps. So I am giving more respect to those gaps with this analysis.
CVNA Carvana Sell-Off: Hindenburg Research Short PositionIf you haven`t bought CVNA at $25:
Carvana Stock Now Faces Major Risks: A Price Target of $127
Carvana Co. (CVNA), currently trading at $199, faces mounting scrutiny after allegations from Hindenburg Research. The short-seller’s report, titled “Carvana: A Father-Son Accounting Grift for the Ages,” accuses the company of unsustainable growth fueled by lax underwriting standards and questionable insider dealings.
Key Concerns:
Insider Selling: CEO Ernest Garcia III and his father, Ernie Garcia II, sold $3.6 billion in stock between 2020-2021, with an additional $1.4 billion sold last year after a 284% stock surge.
Loan Portfolio Risks: Claims suggest Carvana approves nearly all loan applicants, increasing exposure to subprime defaults as economic conditions tighten.
DriveTime Transactions: Allegations of inflated revenues through sales to DriveTime, owned by Garcia II, raise conflict-of-interest concerns.
Manipulated Results: Extensions on subprime loans reportedly delay delinquencies, misrepresenting financial health.
Outlook:
While the stock has shown resilience, we believe these risks significantly outweigh the rewards. With questionable accounting practices and a vulnerable loan portfolio, our price target is $127.
UNH Selloff Unreasonable - Still 15% ROI Short-TermSince my first NYSE:UNH idea a couple of days ago the price of this stock dropped significantly. If you've been part of the first idea you should've been able to lock in around 1.x% of return when using a tight stop-loss. Otherwise you've been stopped out with break-even. Nevertheless, the sell-off was not helpful and is completely exaggerating the situation at UNH since the company is not really effected by the current PBM debate.
"Deutsche Bank sees a potential divestiture as not having a significant impact on earnings, estimating the risk at likely less than $200M of the company’s roughly $30B+ operating earnings. Deutsche Bank noted, however, that CVS (CVS), Cigna (CI) and UnitedHealth (NYSE:UNH) 'could face additional risk from losing the ability to vertically integrate the PBM, fulfillment and manufacturing functions of biosimilars through organizations like Cordavis and Quallent.' Despite concerns about the potential breakup of their pharmacy businesses, Deutsche Bank maintained it's buy rating on UnitedHealth (UNH)."
From a technical standpoint we can see a confluence of support:
Weekly SMA200
Strong Trendline from March 2020
Horizontal Support at $480
UNH managed to bounce from the trendline intraday today. This could mean we're going to see a turnaround from here. If we break below the trendline on the daily chart this trade will be invalidated. Otherwise our target sits at $550.
TON Toncoin potential SelloffTelegram CEO Pavel Durov has been charged for failing to prevent extremist and illegal content on the messaging platform and placed under judicial supervision, according to the Paris prosecutor's office on August 28.
Durov must report to the police twice a week and is barred from leaving France, the prosecutor's office stated on X.
Parisian investigative judges have also ordered the Russian-born Telegram co-founder to post 5 million euros in bail.
Meanwhile, TON Toncoin is currently in a bearish falling wedge pattern, with a new price target of $3.9.
The Upcoming Collapse of USDT Theter - Thesis Binance and its CEO ‘CZ’ plead guilty to federal charges and agreed to pay $4.3B in fines.
But that`s not all!
The crypto market is facing increased scrutiny as part of an agreement between Binance's CEO, CZ, and the U.S. Securities and Exchange Commission (SEC).
This agreement grants the SEC unprecedented access to Binance's comprehensive records, shedding light on various transactions, fraudulent activities, and instances of price manipulation linked to tether, which significantly influenced the surge in Bitcoin's value.
Of particular interest to regulatory authorities is the revelation that CZ has agreed to provide the SEC with access to tether transactions, signaling a deeper investigation into the controversial stablecoin. Tether (USDT) has long been tethered to the value of the U.S. dollar, yet recent events have sparked concerns about its stability and transparency.
What makes this development particularly noteworthy is the emerging focus on tether by U.S. agencies, who seem to be strategically positioning themselves to potentially replace it with Central Bank Digital Currencies (CBDCs). Unlike stablecoins such as USDT, CBDCs are issued and regulated directly by the central bank of a country, eliminating reliance on private entities or community-driven initiatives.
As the SEC gains access to the intricate details of Binance's operations and tether transactions, the crypto community is left on edge, grappling with uncertainties regarding the future of stablecoins and their role in the broader financial landscape. The evolving narrative suggests a potential paradigm shift as regulatory bodies aim to instill confidence in the market through the adoption of government-backed digital currencies over privately issued stablecoins.
The SEC's focus extends beyond Binance to specifically target USDT, with the intention of replacing it with Central Bank Digital Currencies (CBDCs) to assert control over all transactions. This strategic move is seen as a prerequisite for potential approval of an ETF in the future. Notably, Binance has been implicated in facilitating transactions linked to terrorist groups, including Hamas' Al-Qassam Brigades, Palestinian Islamic Jihad, al-Qaida, and ISIS, as highlighted in a statement by Treasury Secretary Janet Yellen.
Looking forward to read your opinion about it!
ASML (ASML): Massive Sell-Off - What's next after the $50B loss?We are sure you’ve heard about ASML’s massive drop yesterday, erasing $50 billion in market value within hours following a technical error and the earnings report published a day earlier. ASML, Europe's most valuable tech company and a critical supplier to chipmakers, is now facing doubts—not about its long-term prospects but regarding short-term sales and whether it can continue to outperform the market in the long term.
As always, we’re not focused on intraday trades but are looking for bigger, high-risk-to-reward swing trade setups. To assess this, we’re turning to the Weekly chart to analyze ASML’s most important levels. Our most likely scenario at this point is that the All-Time High represents a wave B, after exactly respecting the 138% Fibonacci extension level. Coupled with the bearish divergence on the RSI, this pullback was expected.
While it's difficult to predict the exact point of reversal, we see $600 as a major psychological support level that could hold in the short term. To reverse the current downtrend, ASML must break above the resistance zone of $850–$895. However, as this is a potential wave ((ii)), even reaching the All-Time High is not out of the question. Merely reclaiming this resistance zone might not be enough to signal a trend change.
We’re keeping an eye on all major support zones, but the largest position we plan to open would be between $250 and $140. While this is still far off, and there will likely be opportunities along the way, this zone would provide the most textbook setup according to Elliott Wave Theory. The recent dip has also opened up more potential plays for the future.
Stay tuned as we monitor the situation for further developments! 🔥
NAS100 - End Of August - Are you not satisfied???Hello Traders.
Come on guys, interact with the post if you seeing how accurate this is !
Notes for today
Price tapped into our zone i mentioned in the previous post, 19,666 was to far but but 19,630 was my entry.
Price was kind enough to come back to this point again today before NY killzone time.
If you followed me from Monday, i mentioned we will see lower prices possibly up to 19,120. So far so good.
If you caught it, you would be + 300 ticks minimum.
For today, i am done. Will relook at the charts tomorrow.
Trade safe 👌
KEY KeyCorp Options Ahead of Earnings If you haven`t sold KEY before the selloff:
Now analyzing the options chain and the chart patterns of KEY KeyCorp prior to the earnings report this week,
I would consider purchasing the 15usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $0.21.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ZION Zions Bancorporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ZION Zions Bancorporation prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $0.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.