EUR/ NZD !! Trendline DOWN !! SELL now ⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
The price range is following a DOWN trend, touching the trendline along with the resistance area, suitable for a SELL signal
⭐️ SET UP PRICE:
🔥SELL EUR/ NZD zone: 1.76630 - 1.76800 SL 1.77130
TP1: 1.76330
TP2: 1.76000
TP3: 1/75700
⭐️ 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
- The winner is the one who sticks with the market the longest
Sellsignal
Continue the DOWN trend next week !! XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 19/2 - 23/2/2024
🔥 World situation:
In the meantime, there were updates from Federal Reserve officials, specifically Atlanta's Fed President Raphael Bostic and San Francisco Fed President Mary Daly. Bostic emphasized the need for patience and predicted that there could be two rate cuts in the summer if the data supports it. Daly acknowledged that there is work to be done and cautioned against acting hastily when patience is required, instead advocating for agility in response to the evolving economy.
Both officials recognized that inflation is trending downward but remain cautious about the timing of implementing policy easing.
Considering the underlying factors, the price of Gold would be influenced by the outlook of the US economy. An increase in inflation could lead to a rise in US Treasury bond yields, resulting in further downside for XAU/USD. On the other hand, if inflation continues to align with the Fed's 2% target, this could create an opportunity for rate cuts, which would impact the appeal of the Greenback. Consequently, the upside potential for XAU/USD is anticipated.
🔥 Identify:
The slight recovery this week has helped Gold prices return to above $2010. But still within the bearish trendline. Selling pressure next week will continue to weigh on Gold prices
🔥 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: $2037, $2053
Support : $1987, $1974
🔥 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
Continuing DOWN trend !! XAU DOWN⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Fed Chair Jerome Powell and a number of other Federal Reserve officials have expressed the central bank's desire to gather more positive data and confirm the direction of inflation before implementing any changes to monetary policy. As a result of these statements, the financial markets are currently putting an 80% probability on a rate cut by the Fed in June. This reduces previous expectations that the central bank would begin cutting rates in May, as indicated by the CME FedWatch Tool. It is important to note that higher interest rates decrease the attractiveness of non-yielding metals, as they face increased competition from higher-yielding investments.
In addition to this, Israel carried out extensive and deadly airstrikes in southern Lebanon on Wednesday, in response to a missile attack that caused fatalities in northern Israel. Israeli leaders have warned that if the cross-border violence persists, they will take significantly stronger military action in Lebanon. The ongoing geopolitical tensions in the Middle East may contribute to an increase in the price of gold, which is traditionally seen as a safe-haven asset.
⭐️ Personal comments NOVA:
Gold's DOWN trend still prevails, strong selling pressure causes a lot of SELL volume. Gold prices are likely to continue to fall
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $1975 - $1977 SL $1970
TP1: $1982
TP2: $1987
TP3: $1993
Pay attention to the $2005 resistance area
🔥SELL GOLD zone: $2015 - $2013 SL $2020
TP1: $2008
TP2: $2000
TP3: $1993
⭐️ 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
- The winner is the one who sticks with the market the longest
XAUUSD sell Gold gathered recovery momentum and climbed above $2,000 in the American session on Thursday. The benchmark 10-year US Treasury bond yield is down more than 1% on the day following the mixed US data, helping XAU/USD stretch higher.
On the flip side, any attempted recovery beyond the $2,000 mark now seems to confront stiff resistance near the $2,011-2,012 area. That said, some follow-through buying, leading to a subsequent strength beyond the $2,015 level, might trigger a short-covering rally and lift the Gold price to the 50-day SMA, currently around the $2,030 region. The latter should act as a key pivotal point, which if cleared decisively will set the stage for additional gains beyond the $2,044-2,045 intermediate hurdle, towards the $2,065 supply zone.
Gold rebounds above $2,000 as US yields edge lower
USD JPY Sell The USD/JPY pair resumes its upward journey after a mild correction to near 150.40 in the European session on Wednesday. The asset rebounds as dismal market sentiment has improved the appeal of the US Dollar.
USD/JPY is seeing a fresh selling wave, closing in on 150.00 in the Asian session on Thursday. The pair is tracking the US Treasury bond yields lower, shrugging off the weak Japanese Q4 GDP report. A cautious risk tone is also boding well for the safe-haven Yen. US data flow awaited.
How could USDJPY move this year? Our experts make a USDJPY update forecasting the possible moves of the yen-dollar pair during the whole
Gold price dropped sharply below $2000, strong selling pressure⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) has fallen below the psychological level of $2,000 during the early Asian session on Wednesday. The stronger inflation data in the United States has caused some selling pressure on gold, as it reduces expectations of an early interest rate cut. Currently, the price of gold is trading around $1,992, remaining unchanged for the day.
At the same time, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is trading near 104.85 after reaching a three-month high of 105.00. The US Treasury yields have increased, with the 10-year yield at 4.32% and the 2-year rate surging to 4.654%, marking the largest one-day increase since May 5, 2023.
⭐️ Personal comments NOVA:
After yesterday's CPI news, Gold price dropped sharply, below $2000. Selling pressure is still very large, waiting for the recovery and SELL watch to continue for Gold
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $1980 - $1978 SL $1973
TP1: $1988
TP2: $1994
TP3: $2000
Pay attention to the $2005 resistance area
🔥SELL GOLD zone: $2013 - $2015 SL $2020
TP1: $2005
TP2: $1997
TP3: $1990
⭐️ 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
- The winner is the one who sticks with the market the longest
Gold DOWN with CPI news today !! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is experiencing a decline for the fifth consecutive day during the early Asian trading session on Tuesday. The ongoing narrative of the US Federal Reserve (Fed) advocating for a prolonged period of higher interest rates is exerting downward pressure on the non-yielding yellow metal. Investors are eagerly awaiting the release of crucial US inflation data, as it may offer insights into the Fed's future decisions regarding interest rates. Currently, the price of gold is hovering around $2,018, reflecting a decrease of 0.06% for the day.
Meanwhile, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major world currencies, remains stable at approximately 104.12. The yields on US Treasury bonds are slightly increasing, with the 10-year yield currently standing at 4.17%.
⭐️ Personal comments NOVA:
Gold prices tend to continue DOWN during the Monday trading session, it is expected that the price will continue in the downtrend and can approach the price range of $2005.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $1995 - $1997 SL $1990
TP1: $2000
TP2: $2005
TP3: $2010
Pay attention to 2 support zones: scalping BUY $2015 and BUY $2005
🔥SELL GOLD zone: $2028 - $2030 SL $2035
TP1: $2024
TP2: $2020
TP3: $2015
⭐️ 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
- The winner is the one who sticks with the market the longest
ORDI SHORT SIGNAL : FIRST REALLY BIG TRADE OF '24 I posted on ORDI a little while back.
It was a short from ~$74.00 down to $60.00. I missed the target by $1.50 because the coin was listed too recently and I had to guess the historic lows (starting point).
This post is in response to the expected BTC dump, and will likely be more aggressive and thus more profitable if successful. Keep in mind that it's predicated on condition that BTC does drop as expected. (Pfft.. Of course it will..)
I've indicated 3 different TP's depending on your particular level of tolerance and
greed, so have fun.
EURAUD !! Trend DOWN, SELL now⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
DOWN trend, stable trading below the EMA lines, establishing a SELL signal
⭐️ SET UP EUR / AUD PRICE:
🔥SELL zone: 1.65200 - 1.65350 SL 1.65800
TP1: 1.65000
TP2: 1.64700
TP3: 1.64300
⭐️ 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
- The winner is the one who sticks with the market the longest
Cumulative Gold prices prepare for INFLATION data⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) continues to trade within a range as it enters the European session on Monday, currently sitting just above last week's monthly low. The prevailing belief that the Federal Reserve (Fed) will maintain higher interest rates for a longer period of time in light of the resilient US economy is supporting elevated US Treasury bond yields. This, coupled with the positive sentiment surrounding the stock markets, is acting as a hindrance for the safe-haven precious metal.
However, the uncertainty surrounding the timing and pace of interest rate cuts by the Fed is not helping the US Dollar (USD) gain significant traction, which in turn is offering some support to gold prices. Traders are also hesitant to take aggressive positions and are waiting for the release of the latest US consumer inflation data on Tuesday, as it will provide clues about the Fed's future policy decisions. This data will play a crucial role in influencing the short-term price dynamics of the USD and will impact the direction of movement for the non-yielding commodity.
⭐️ Personal comments NOVA:
In the first trading session of the week, Gold prices continued sideways in the $2020 - $2035 price range waiting for important CPI data this week.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2017 SL $2010
TP1: $2022
TP2: $2026
TP3: $2031
🔥SELL GOLD zone: $2029 - $2031 SL $2035
TP1: $2024
TP2: $2020
TP3: $2015
⭐️ 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
- The winner is the one who sticks with the market the longest
BTCUSDT📌 To complete the upward trend, it is necessary to see the $33,000 area again.
🔍 If we look carefully, we probably have a head and shoulders pattern.
▪️ The areas that we have identified are strong for supply and from here the possibility that a higher ceiling will be set for us is very, very weak
What do you think?
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Going to the end of Gold's H4 trend !! XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 12/2 - 16/2/2024
🔥 World situation:
Ending the week, Gold price sideways around the price range above $2020 - $2040. Continue to accumulate, waiting for more news on US inflation data
Next week will see a lot of notable news such as: CPI, Empire State Manufacturing Index, Unemployment Claims, PPI,...
🔥 Identify:
Technically: in the long-term H4 frame, Gold price continues to be in the two trend lines in the $2000 - $2040 price range, and will break the structure if it passes the two BREAK point areas as shown in the picture.
🔥 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: $2035, $2056
Support : $2020, $2000
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Expect a slight decrease at the end of the week!! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is consolidating within a narrow range around the $2035 region per troy ounce during the early trading hours in Asia on Friday. At the same time, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is recovering and surpassing the 104.00 mark. The yields on US Treasury bonds are also rising, with the 10-year yield currently at 4.16%.
A decrease in the number of initial jobless claims in the US highlights the resilience of the economy and could potentially lead the Federal Reserve (Fed) to hold off on cutting interest rates in the near future. According to data released by the US Department of Labor on Thursday, the number of weekly initial jobless claims dropped to 218K for the week ending February 3, down from 227K in the previous week. This figure was slightly higher than the market consensus of 220K. Additionally, continuing claims decreased by 23K to 1.891M for the week ending January 27.
⭐️ Personal comments NOVA:
Gold prices continue to show stability, buyers and sellers have great competition at this price range. Continued sideways large range $2010-$2040
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2017 SL 2010
TP1: $2025
TP2: $2032
TP3: $2040
🔥SELL GOLD zone: $2048 - $2050 SL $2055
TP1: $2040
TP2: $2030
TP3: $2020
⭐️ 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
- The winner is the one who sticks with the market the longest
sell eurusd now!!!!?hey what's up? im MSNP so today we want to analysis EURUSD chart.
FX:EURUSD we are in a trading range.
and now we broke a rising wedge or channel to down.
we below EMA and if if today candle could close like a pin bar or a good outside BO bar sell signal active.
targets are on the chart.
don't forget risk management.
hope to have good trade
Short-term DOWN adjustment rhythm!! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is experiencing a slight downward trend during the early European session on Thursday. However, it remains within a familiar range that has been maintained since the beginning of this week. The potential for an increase in interest rates by the Federal Reserve (Fed) for an extended period of time is limiting any significant upward movement. This is due to the resulting higher yields on US Treasury bonds, which undermines the appeal of gold as a non-yielding asset. Additionally, the positive sentiment surrounding equity markets is also contributing to the decline in demand for the safe-haven commodity.
On the other hand, the US Dollar (USD) is facing challenges in attracting significant buyers due to uncertainty regarding the timing and pace of Fed rate cuts in 2024. Furthermore, market expectations currently include five rate cuts over the remaining seven FOMC policy meetings this year. These factors are keeping USD bulls on the defensive and should mitigate any significant decline in gold prices. Traders are now focusing on the release of US Weekly Jobless Claims data and speeches by Richmond Fed President Thomas Barkin for potential market catalysts.
⭐️ Personal comments NOVA:
Gold price is in a sideway cycle again after the FED decided not to reduce interest rates in March 2024, unemployment news on Thursday today is also supporting the price to DOWN.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2017 SL $2010
TP1: $2022
TP2: $2030
TP3: $2040
🔥SELL GOLD zone: $2048 - $2050 SL $2056
TP1: $2042
TP2: $2036
TP3: $2030
⭐️ 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
- The winner is the one who sticks with the market the longest