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!
Sellsignal
SIDEWAY waiting for news this week⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
As a result, investors turned to bullion for safety, driving prices toward the $2,900 mark. Meanwhile, the US 10-year Treasury yield dropped two basis points to 4.176%, its lowest level since December 2024.
Commenting on the economy, St. Louis Fed President Alberto Musalem acknowledged steady economic growth but cautioned that recent data indicate potential downside risks.
⭐️Personal comments NOVA:
Continue in correction phase - gold price under selling pressure below 2900. Sideway and waiting for important news this week
⭐️SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2851 - $2853 SL $2846
TP1: $2860
TP2: $2870
TP3: $2880
🔥 SELL GOLD zone: $2898 - $2900 SL $2905
TP1: $2890
TP2: $2880
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
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
EUR/USD: Bearish Outlook – Targeting 1.03630 & Below 📊 Market Structure & Key Levels
EUR/USD is currently rejecting a key supply zone (1.0450 - 1.0480), showing strong signs of continued downside pressure. The pair is in a bearish trend, with price action confirming lower highs and lower lows, as seen in the Prime Market Terminal charts.
📉 Key Levels to Watch:
Supply Zone: 1.0450 - 1.0480 (Strong resistance & liquidity zone)
Demand Zone: 1.03630 - 1.03219 (Institutional liquidity target)
Extended Bearish Target: 1.02687 (Deep liquidity grab area)
🔍 Trade Setup: Bearish Bias Towards Key Support Levels
📌 Entry: Sell between 1.0450 - 1.0480
🎯 TP1: 1.03630 (Liquidity Zone)
🎯 TP2: 1.03219 (Institutional Liquidity Grab)
🎯 TP3: 1.02687 (Extended Downside Target)
❌ SL: 1.05150 (Above Key Resistance)
📉 Why This Trade? (Prime Market Terminal Analysis)
✔️ Bearish Market Structure – The 1D & 4H trend remains bearish, confirming a downward trajectory. Supertrend is bearish, and price is trading below the 72 EMA & 288 EMA, showing weak bullish momentum.
✔️ Liquidity Targets Identified – Market depth analysis from Prime Market Terminal reveals a lack of strong buy orders above 1.0450, suggesting that sellers dominate.
✔️ Volume Profile Analysis – The visible range (VPVR) highlights a high-volume node at 1.03630, making it a strong area for price to seek liquidity.
✔️ Commitment of Traders (COT) Data – Institutional positioning indicates an increase in short contracts for the EUR, aligning with the bearish trend.
✔️ Order Flow & Market Depth – Prime Market Terminal shows institutional sellers stacking sell orders at 1.0450, while liquidity pools rest below 1.03630 and 1.03219, making these ideal targets for price.
📰 High-Impact News to Watch
⚠️ HICP Flash Inflation Data (EUR - March 3, 2025) – Any deviation from expectations could drive EUR volatility.
⚠️ ISM Manufacturing PMI (USD - March 3, 2025) – A stronger-than-expected report could strengthen USD and drive EUR/USD lower.
⚠️ Fed's Musalem Speech (March 3, 2025) – A hawkish stance could accelerate EUR/USD downside pressure.
📌 Final Thoughts: Follow the Trend & Manage Risk!
EUR/USD remains firmly bearish, with liquidity resting below 1.03630. The confluence of institutional positioning, bearish trend confirmation, and market depth insights support a sell bias. Watch price action at key levels and manage your risk accordingly!
🔥 What’s your bias? Drop your thoughts in the comments! 🔥
CAKE Breakdown – Major Bearish Move Incoming?#CAKE has broken a critical support level after forming a Triangle Pattern on the 1-hour timeframe.
🔻 Key Observations:
✅ Triangle Breakdown – The price failed to sustain inside the pattern.
✅ Support Break – A major support level has been breached, confirming the bearish structure.
✅ Retest Zone – Price may retest the broken support before further decline.
🎯 Trading Plan:
🔹 Entry: Short at CMP or on a retest of support.
🔹 Target: Next support zone.
🔹 Stop-Loss: Above the retest level (tight risk management).
💡 What do you think? Will #CAKE continue its downtrend or surprise us with a reversal? Drop your thoughts in the comments! 👇👇
📊 Like & follow for more real-time market insights! 🚀🔥
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
Shorting the S&P at 6000We previously picked the turning point of the S&P at the all time high.
We now expect this to continue with the downtrend as it approaches the strong 6000 resistance.
1) There is pattern
2) H4 and D1 are down
3) M15 is overbought, awaiting divergence
We target the low of 5915 which will give a 1:2.5 R:R
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
continue to decrease, return to price zone 2904⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
US consumer confidence saw its biggest drop since August 2021, falling to 98.3 in February from 105.3, according to the Conference Board.
Richmond Fed President Thomas Barkin said on Tuesday that he favors a wait-and-see approach on interest rates until there is clear evidence that inflation is returning to the Fed’s 2% target.
Meanwhile, Dallas Fed President Lorie Logan suggested that, over time, the Fed should prioritize purchasing shorter-term securities to better align its portfolio with Treasury issuance, as reported by Bloomberg.
⭐️ Personal comments NOVA:
Still a downtrend today, back to the price range of 2900, 2890 to accumulate the uptrend
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2905 - $2903 SL $2900 scalping
TP1: $2908
TP2: $2912
TP3: $2920
🔥 BUY GOLD zone: $2889 - $2887 SL $2882
TP1: $2895
TP2: $2903
TP3: $2910
🔥 SELL GOLD zone: $2946 - $2948 SL $2953
TP1: $2940
TP2: $2930
TP3: $2920
⭐️ 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
ADA Price Action – Bearish Breakdown or Reversal?Key Insights:
#ADA has been in a strong downtrend after breaking a key support level and is now forming a harmonic pattern on the 1-hour timeframe. This could signal an upcoming move—but will it be a continuation or a reversal? Let's analyze!
Current Market Structure:
🔹 Downtrend intact after breaking key support
🔹 Harmonic pattern forming—potential reversal zone
🔹 Key level to watch: If #ADA breaks and closes below the current support, it could trigger a strong bearish move
Trading Plan:
🔹 Bearish Confirmation: If #ADA closes a candle below support, we will look for a short entry with proper risk management
🔹 Bullish Scenario: A fakeout and reclaim above support could lead to a strong bounce—watch for reversal signs!
Your Thoughts?
What’s your bias? Are you taking this short setup, or do you see a reversal coming? Drop your thoughts in the comments! Let’s discuss!
If you found this analysis helpful, don’t forget to LIKE 👍, COMMENT 💬, and FOLLOW for more insights!
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
Are we on an expanded flat correction?!As my chart , It seems like after an orange impulse wave (12345) we are on an expanded flat corrective wave (phosphoric ABC) and on wave C we are on a triangle wave (purple ABCDE), Then target of this correction maybe be around 2910 !
And after that continue bullish waves !
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
Correction down - gold under selling pressure⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The World Gold Council (WGC) reported that central banks bought over 1,000 tons of gold for the third year in a row in 2024. After Trump's election win, central bank gold purchases jumped by more than 54% year-over-year, reaching 333 tons, according to WGC data.
Meanwhile, futures on money market Fed funds rates suggest the Federal Reserve is expected to cut rates by 38.5 basis points in 2025.
⭐️ Personal comments NOVA:
Gold price recovered to the h1 trendline area, will continue to be under selling pressure, trading below 2900
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2923 - $2925 SL $2930
TP1: $2918
TP2: $2910
TP3: $2900
🔥 BUY GOLD zone: $2855 - $2857 SL $2850
TP1: $2862
TP2: $2870
TP3: $2880
⭐️ 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 30-Minutes | Bearish Setup | High-Probability TradeXAU/USD 30-Minutes | Bearish Setup | High-Probability Trade
Gold (XAU/USD) has been trading within an ascending channel on the 30-minute timeframe. However, signs of exhaustion at the upper resistance suggest a potential reversal.
Trade Setup:
Entry Zone: Around 2933
Stop Loss: 2948 (Above resistance for risk management)
Take Profit: 2900 (Targeting key support zone)
Technical Analysis:
The price is struggling near the channel resistance, indicating possible bearish momentum.
A breakdown from the channel could accelerate selling pressure.
Confirmation of lower highs and lower lows may provide additional confluence for downside continuation.
This setup offers a high-risk-reward opportunity for traders looking to capitalize on short-term weakness in gold. Keep an eye on price action near resistance levels for validation before entering the trade.
📉 What’s Your Take? Comment below and let’s discuss! 🚀