GBP/JPY SELL IDEA (R:R=4.8)I just placed a sell order for GBP/JPY at 191.700. We have a wonderful X BAT that just formed on the 1 HOUR chart.
Please trade with proper risk management, since we have news announcements coming out at 8:15 AM EST today.
ADP Non-Farm Employment Change
Stop Loss: 192.368 (Daily High)
Take Profit: 188.450
Happy Trading!
Sellsetup
GBP/JPY Sell Setup – Inverse Cup & Handle Pattern Confirmed!### **📉 GBP/JPY Sell Setup – Inverse Cup & Handle Pattern Confirmed! 🚀**
GBP/JPY is forming a **bearish inverse cup & handle pattern**, with **EMA50 confirming the downtrend**, making it a strong sell opportunity.
🔹 **Sell Entry:** **189.100**
🔹 **Stop Loss:** **189.700** (60 pips above entry)
### **📊 Take Profit Targets:**
✅ **TP1:** **188.700** (40 pips profit)
✅ **TP2:** **188.300** (80 pips profit)
✅ **TP3:** **187.900** (120 pips profit)
### **📌 Trade Management:**
✔ **Stick to SL & TP levels** to manage risk.
✔ **Secure profits** as price moves towards TP3.
✔ **Use proper position sizing** for risk management.
🔥 **Execute wisely & trade safely! 🚀📉**
Gold short term recovery - downtrend⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) start the week on a strong footing, rebounding further from Friday’s three-week low near $2,833–2,832. Despite US inflation data aligning with expectations, traders remain confident that the Federal Reserve will implement two quarter-point rate cuts by year-end. Additionally, renewed selling pressure on the US Dollar supports the appeal of the non-yielding yellow metal.
⭐️Personal comments NOVA:
Gold price recovers in short term, sellers are dominating, retesting liquidity zone 2883
⭐️SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2832 - $2834 SL $2827
TP1: $2840
TP2: $2850
TP3: $2960
🔥 SELL GOLD zone: $2883 - $2885 SL $2890
TP1: $2875
TP2: $2868
TP3: $2860
⭐️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
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
EURUSD Potential Short Setup - 1HR Swing TradeThis trading idea proposes a short position in EURUSD on the 1-hour timeframe, based on the expectation of a continued downward move. The entry point is strategically located at a resistance level, with a stop-loss order to manage risk and a take-profit target set at a potential support zone.
Disclaimer :
This analysis is based on the provided image and should not be considered financial advice. Trading involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any trading decisions.
trend towards 2845, trend continues to strengthen! gold ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) declines for the second consecutive day, hitting a two-week low around $2,860 during Friday's Asian session. The US Dollar (USD) continues its recovery for the third straight day, supported by expectations that the Federal Reserve (Fed) will maintain its hawkish stance due to persistent inflation. This strengthens the USD and weighs on the non-yielding gold.
⭐️ Personal comments NOVA:
The gold price adjustment is mandatory, along with the influence of the world financial sectors, selling off at the same time. The trade war is very close, gold is also negatively affected by investors.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2891 - $2893 SL $2898
TP1: $2885
TP2: $2878
TP3: $2870
🔥 BUY GOLD zone: $2846 - $2844 SL $2839
TP1: $2852
TP2: $2860
TP3: $2870
⭐️ 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
SCALPING ! XAU , waiting for entry SELL 2928 , TRENDLINE⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Richmond Fed President Thomas Barkin said Tuesday he will take a wait-and-see approach on interest rates until there's clear evidence that inflation is returning to the Fed's 2% target.
Dallas Fed President Lorie Logan suggested that, in the medium term, the Fed should focus on buying more short-term securities to better align its portfolio with Treasury issuance, according to Bloomberg.
⭐️ Personal comments NOVA:
Gold price is still moving in the H1 downtrend line, the price zone is correcting and accumulating above 2900.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2928 - $2930 SL $2933 scalping
TP1: $2924
TP2: $2920
TP3: $2915
⭐️ 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
Scalping ! XAU ! wait for price recovery at SELL entry 2947⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Chicago Fed President Austan Goolsbee emphasized on Monday that the central bank will adopt a cautious approach, waiting for more clarity before considering rate cuts.
Meanwhile, the World Gold Council (WGC) reported that gold-backed ETFs saw their biggest weekly inflow since March 2022.
Traders now focus on upcoming US data, including the Conference Board's Consumer Confidence Index and the Richmond Manufacturing Index, along with speeches from Fed officials, which could impact the USD.
⭐️ Personal comments NOVA:
Accumulated price zone according to H1 trendline, continue sideways waiting for tariff momentum to reach 3000
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2947 - $2949 SL $2952
TP1: $2943
TP2: $2938
TP3: $2930
⭐️ 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, recovery at the beginning of the week⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) sees renewed buying interest during the Asian session on Monday but stays within its recent range near last week’s record high. Ongoing uncertainty over US President Donald Trump's trade tariffs and their global economic impact, coupled with broader risk aversion, supports the safe-haven metal. Additionally, geopolitical tensions and a weaker US Dollar further bolster demand for gold.
⭐️ Personal comments NOVA:
Gold price recovered positively at the beginning of the week, mainly sideways and accumulated below 2955
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2916 - $2918 SL $2911
TP1: $2920
TP2: $2925
TP3: $2930
🔥 SELL GOLD zone: $2952 - $2954 SL $2959
TP1: $2948
TP2: $2940
TP3: $2930
⭐️ 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 return - pushing prices down at the end of the week⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) hovers near its all-time high after hitting a new peak in early European trading on Thursday. The surge follows US President Donald Trump's comments suggesting a potential trade deal with China. At the same time, geopolitical tensions rise as Trump claims Ukraine initiated the war with Russia and hints at repayment for US financial aid.
Meanwhile, the Federal Reserve's January meeting minutes had little market impact, with only a few FOMC members favoring steady rates. Expectations for a possible rate cut in June remain intact.
⭐️ Personal comments NOVA:
Gold price moves within the H1 trend line in the Asian session at the end of the week, selling pressure creates market liquidity, pay attention to important support zones: 2919, 2906
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2919 - $2921 SL $2916 scalping
TP1: $2924
TP2: $2928
TP3: $2935
🔥 BUY GOLD zone: $2905 - $2907 SL $2900
TP1: $2915
TP2: $2922
TP3: $2930
⭐️ 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
GBP/JPY SELL IDEA (R:R=5.9)Placed a sell order for G/J at 190.695. We have a beautiful X CRAB that just formed on the 30 minute chart.
Trade with proper risk management please since we have news announcements coming out at 4:30 AM EST today.
GBP-Flash Manufacturing PMI
GBP-Flash Services PMI
Stop Loss: 191.285
Take Profit: 187.200
Happy Trading!
Attempt to find ATH again for the 3rd time - gold price down⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
US real yields, which move inversely to gold prices, rose 4.5 basis points to 2.086%, putting pressure on bullion.
Fed Governor Christopher Waller expects President Donald Trump's new trade restrictions to have only a minor effect on prices. Meanwhile, Philadelphia Fed President Patrick Harker reiterated his support for steady interest rates, noting that inflation remains high and persistent.
⭐️ Personal comments NOVA:
Gold returns to ATH 294x zone, 3rd attempt to create ATH but will continue to decrease, need more tax news in the near future
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2942 - $2944 SL $2949
TP1: $2935
TP2: $2920
TP3: $2910
🔥 BUY GOLD zone: $2901 - $2899 SL $2894
TP1: $2906
TP2: $2915
TP3: $2925
⭐️ 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 starts to adjust down sharply yet, next week?✍️ NOVA hello everyone, Let's comment on gold price next week from 02/17/2025 - 02/21/2025
🔥 World situation:
Gold price dipped below $2,900 on Friday but remains on track for a strong weekly gain of over 0.80% as traders take profits ahead of the weekend. Despite mixed US economic data, the Greenback hit yearly lows, and US Treasury yields tumbled. XAU/USD is currently trading at $2,883, down 1.48% for the day.
US retail sales saw a sharp decline in January, further weakening the dollar. However, gold found support as traders adjusted their positions, benefiting from safe-haven demand. Following the data, investors priced in multiple Fed rate cuts, driving the US 10-year Treasury yield down to 4.472%. Meanwhile, Industrial Production rebounded in January after a weak previous month.
🔥 Identify:
The H4 frame is still in an increasing range, gold prices may soon adjust down more strongly, in the context of waiting for the Trump administration to take actions to impose taxes on other countries in the world.
🔥 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: $2908, $2942, $2957
Support : $2831, $2790, $2722
🔥 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 continues to maintain sideways below 294x, accumulating⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) continues to climb during Friday’s Asian session, supported by concerns over US President Donald Trump’s tariff plans and a drop in US bond yields.
However, expectations that the Federal Reserve (Fed) will maintain its hawkish stance and keep interest rates high could limit further gains for the non-yielding metal. Traders are now focused on the upcoming US Retail Sales data for January, set to be released later in the day.
⭐️ Personal comments NOVA:
The uptrend is still going on, however profit-taking selling pressure still exists around 294x, gold will still accumulate around 2900 or more.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2942 - $2944 SL $2949
TP1: $2935
TP2: $2927
TP3: $2920
🔥 BUY GOLD zone: $2903 - $2905 SL $2898
TP1: $2912
TP2: $2920
TP3: $2930
⭐️ 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, BULL and PPI news⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) edges higher during the Asian session on Thursday, extending its rebound from the $2,864 level seen after strong US inflation data. Concerns over a potential global trade war, fueled by President Trump's new tariffs on commodity imports, support demand for the safe-haven metal. Additionally, a slight dip in the US Dollar (USD) further boosts gold's appeal.
⭐️ Personal comments NOVA:
In the uptrend, gold price has recovered to the price zone of 2920, accumulating to find the old ATH of 2944.
⭐️ SET UP GOLD PRICE:
🔥SELL GOLD zone: $2927 - $2929 SL $2932 scalping
TP1: $2923
TP2: $2918
TP3: $2910
🔥 SELL GOLD zone: $2941 - $2943 SL $2948
TP1: $2935
TP2: $2928
TP3: $2920
🔥 BUY GOLD zone: $2877 - $2879 SL $2872
TP1: $2885
TP2: $2892
TP3: $2900
⭐️ 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
Eur/Joy sell setup UsdJpy gave confluence to this. I'll be looking to go short from 159.788 you can wait for H4 rejection of the zone before looking for sell opportunities or you go aggressive, it depends on the kinda trader you are.
Taking the 159.5 as Inducement my point of interest looks valid and I'll be anticipating what price would do at that level.
Kindly boost if you find this insightful 🫴
UsdJpy Sell idea I'm looking for short opportunity at 154.085 which is the H4 point of interest. Though that zone also aligns with daily key-level.
Previous week was bearish, breaking the 152.026 monthly level. So I'll be looking to short to that monthly level hoping this week close bearish as well.
Gold finds ATH price zone above 2880, sideways above 2835⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The People's Bank of China (PBOC) increased its gold reserves for the third consecutive month in January, supporting gold prices as China remains the world’s largest gold consumer. Reserves rose to 73.45 million fine troy ounces, up from 73.29 million in December. Economist David Qu from Bloomberg Economics noted that the PBOC is likely to continue diversifying its reserves amid growing geopolitical uncertainty.
Meanwhile, US labor market data released on Friday indicated continued strength, which could delay Federal Reserve (Fed) rate cuts. The US added 143,000 jobs in January, below the expected 170,000, while the unemployment rate edged down to 4.0% from 4.1%. As a result, traders now anticipate only one Fed rate cut this year, potentially boosting the US Dollar and pressuring gold prices.
⭐️ Personal comments NOVA:
Gold accumulates in a good growth price zone, around 2880 and adjusts sideways at the beginning of the week.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2884 - $2886 SL $2891
TP1: $2878
TP2: $2870
TP3: $2860
🔥 BUY GOLD zone: $2852 - $2854 SL $2849 Scalping
TP1: $2858
TP2: $2863
TP3: $2870
🔥 BUY GOLD zone: $2831 - $2833 SL $2826
TP1: $2840
TP2: $2850
TP3: $2860
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
PLTR -- more volatility forecasted into MarchExpecting quick progression to 118$ level as final buy-side wave near term.
Looking for renewed significant selling action from that level to retrace price back to pre-earnings levels near 80-85$
Possibility exists (imho) that we fully retrace back to 63-64$ levels by April timeframe, depending on sentiment as we head into next FOMC meeting in mid-March.
After that, my cycles analysis indicates we will continue higher toward 120...Therefore, I will be planning on taking profits on put option contracts once underlying share price reaches below 85$, and will plan on scaling into long equity positions on discounts between 64-85$ for the projected subsequent buy wave to 120+
SCALPING XAU ! resistance 2882 entry SELL today⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The benchmark 10-year US Treasury yield dropped to its lowest level since December 12 this week, driven by expectations of two Fed rate cuts by the end of 2025, further boosting demand for non-yielding gold.
Chicago Fed President Austan Goolsbee attributed the recent inflation stagnation to base effects, emphasizing the need to balance overheating risks with economic stability. Meanwhile, Dallas Fed President Lorie Logan acknowledged significant inflation progress but noted that the labor market remains too strong to justify imminent rate cuts. However, this did little to strengthen the US Dollar.
⭐️ Personal comments NOVA:
Nova still thinks the market today will have a surprise for NF, the market will fall freely, going against the current majority psychology.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2881 - $2883 SL $2888
TP1: $2870
TP2: $2860
TP3: $2850
⭐️ 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