XAU - monday sideway! Scalping follows the downtrendSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Last week's US Consumer Price Index (CPI) and Producer Price Index (PPI) reports strengthened expectations that the Federal Reserve (Fed) will ease its rate cuts at a slower pace next year.
On Friday, the benchmark 10-year US Treasury yield climbed to a three-week high, reflecting market bets on a less dovish Fed stance, which could limit gains for the non-yielding gold.
Looking ahead, Monday's release of global flash PMI data may shape broader market sentiment and potentially impact demand for the safe-haven precious metal.
⭐️Personal comments NOVA:
Gold price is slow on the first trading day of the new week, around the 2650 area.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2662 - $2664 SL $2667 scalping
TP1: $2657
TP2: $2650
TP3: $2640
⭐️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
Sellsignal
adjustment - accumulate more waiting for interest rate cuts⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) finds support during the Asian session on Friday, recovering some of the previous day's pullback from a five-week high near $2,726. Safe-haven demand remains strong, driven by ongoing geopolitical tensions from the Russia-Ukraine conflict and unrest in the Middle East, as well as concerns about President-elect Donald Trump's proposed tariffs. Additionally, growing expectations that the Federal Reserve (Fed) will implement a third consecutive rate cut at next week’s December policy meeting provide further support for the non-yielding yellow metal.
⭐️Personal comments NOVA:
The price recovered positively during the week around 2700, sideways and accumulated further. Waiting for information about interest rate cuts in December 2024
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2701 - $2703 SL $2706 scalping
TP1: $2695
TP2: $2690
TP3: $2680
🔥SELL GOLD zone: $2721 - $2723 SL $2728
TP1: $2710
TP2: $2700
TP3: $2690
🔥BUY GOLD zone: $2656 - $2654 SL $2649
TP1: $2665
TP2: $2678
TP3: $2690
⭐️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 ! Break 2676 and retest entry SELLSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Anticipation of a more cautious stance from the Federal Reserve (Fed) supports US Treasury bond yields and helps the US Dollar maintain its weekly rise to a new monthly high, which could limit gains for the lower-yielding gold. Investors are now focused on the upcoming FOMC policy decision next week, seeking clarity on the US interest rate outlook. This decision is expected to influence USD demand and provide clearer direction for XAU/USD.
⭐️Personal comments NOVA:
Continue correcting below the 2670 zone, break out and wait for the SELL retest point at 2676
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2676 - $2678 SL $2681 scalping
TP1: $2672
TP2: $2665
TP3: $2660
⭐️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
LDO superbThat's the specialty of an alt coin. It pumps and dumps with good pricing. Only thing is you need the right aids to get into a trade. You can clearly see how 7-star has printed both buy and sell prints on LDO.
We can expect another 5% and more to fall
DYOR
For indicator access, you can contact me.
Adjustment rhythm DOWN ABC ! The buying side is weakening⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Price pressures in the United States are expected to have remained sticky in November, with headline inflation picking up. While the data is unlikely to deter the Federal Reserve (Fed) from cutting rates by 25 basis points (bps) next week, it might limit the scope of the easing cycle heading into 2025.
Beyond that, the situation in the Middle East remains uncertain. The Syrian rebels have appointed a prime minister for a transitional government while Israel has stepped up its attacks on the Syrian army’s facilities. Ongoing tensions in the area are buoying safe-haven flows into Gold.
⭐️Personal comments NOVA:
Frame H1 - complete 5 rising waves according to elliot. Need a downward adjustment to accumulate for the market
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2746 - $2748 SL $2753
TP1: $2740
TP2: $2730
TP3: $2720
🔥BUY GOLD zone: $2674 - $2676 SL $2669
TP1: $2685
TP2: $2692
TP3: $2700
⭐️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 ! Scalping in an uptrend ! support 2702SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold (XAU/USD) pauses its advance on Wednesday after gaining approximately 2.5% over the last three sessions. The metal faces resistance near the $2,700 level during early Asian trading, as investors show caution ahead of the US Consumer Price Index (CPI) report due at 13:30 GMT.
US inflation is expected to remain elevated in November, with headline figures ticking higher. While this data is unlikely to prevent the Federal Reserve (Fed) from implementing a 25-basis-point rate cut next week, it could signal a more measured approach to rate cuts moving into 2025.
⭐️Personal comments NOVA:
The uptrend is still continuing, it is possible to scalp the old resistance price area this morning at 2702
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2702 - $2704 SL $2707 scalping
TP1: $2697
TP2: $2692
TP3: $2685
⭐️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 / USD ! Resistance 2655SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Political unrest in South Korea, geopolitical tensions, and trade war concerns lend support to the safe-haven Gold price. However, modest strength in the US Dollar (USD), fueled by expectations that the Federal Reserve (Fed) may take a less dovish approach due to speculation that President-elect Donald Trump's policies could drive inflation higher, limits further gains for XAU/USD. Additionally, traders appear cautious, likely holding off on significant moves ahead of this week’s upcoming US consumer inflation data release.
⭐️Personal comments NOVA:
Maintaining the sideway price range - scalping the 2655 resistance zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2655 - $2657 SL $2660 scalping
TP1: $2650
TP2: $2645
TP3: $2640
⭐️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 Monday! continue sideway below 2655⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) finds some support at the start of the week, building on Friday’s rebound from the $2,614-2,613 zone, though it remains range-bound over the past two weeks. Friday's US Nonfarm Payrolls (NFP) report reinforced expectations of a Federal Reserve (Fed) rate cut in December, keeping US Treasury yields subdued and providing a boost to the non-yielding gold.
Additionally, a cautious market mood driven by political unrest in South Korea, geopolitical tensions, and trade war concerns further supports the safe-haven metal. However, growing speculation that the Fed might slow or pause its rate cuts in January helps the US Dollar (USD) extend its modest recovery from a near one-month low, which could limit significant upside for XAU/USD.
⭐️Personal comments NOVA:
The sideway price range in early December can last for a long time, buyers and sellers compete in the price range of 2600-2700.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2655 - $2657 SL $2662
TP1: $2645
TP2: $2638
TP3: $2622
🔥BUY GOLD zone: $2614 - $2612 SL $2607
TP1: $2625
TP2: $2638
TP3: $2650
⭐️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
EURAUD in the SpotlightTechnically, there is room for the EURAUD to dive downward, especially if it develops a bearish harmonic pattern on the daily chart.
Fundamentally, it may depend on the RBA interest rate decision and statement, which is to be released on Tuesday. And employment data on Thursday. Fingers crossed. :)
XAU continue SIDEWAY ! long term accumulation ! under 2700✍️ NOVA hello everyone, Let's comment on gold price next week from 12/09 - 12/13/2024
🔥 World situation:
Gold price (XAU/USD) dipped below $2,630 during North American trading on Friday following the release of the US Nonfarm Payrolls (NFP) data for November. The decline came as the labor market report revealed stronger-than-expected hiring, with 227K new jobs added compared to the forecast of 200K. The Unemployment Rate aligned with expectations, rising to 4.2%.
Steady labor market growth has reinforced expectations for the Federal Reserve (Fed) to implement another rate cut in December. According to the CME FedWatch Tool, the likelihood of a 25-basis-point (bps) rate cut to 4.25%-4.50% this month has climbed to 87%, up from 71% on December 5.
🔥 Identify:
NF data makes gold price continue sideways - no trend break. High price zone ends in 2024. Will continue sideways price zone 2605 - 2688
🔥 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: $2655, $2666, 2688
Support : $2622, $2605, $2587
🔥 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
XAU ! Scalping sideway zone below 2650SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Expectations for rate cuts remained largely unchanged after the US Department of Labor (DoL) reported that Initial Jobless Claims increased to 224K for the week ending November 29, up from the previous week's 215K. Meanwhile, the benchmark 10-year US Treasury yield remains near its lowest point since October 22, keeping the US Dollar subdued at multi-week lows and providing added support for the precious metal.
⭐️Personal comments NOVA:
Scalping the sideway price range of the European Friday session (2633 - 2650). The main trend is still down, SELL SIGNAL
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2650 - $2652 SL $2655 scalping
TP1: $2645
TP2: $2640
TP3: $2630
⭐️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
NF - Witness the clear trend! below $2600⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The upcoming US jobs report will play a crucial role in shaping the Federal Reserve's (Fed) monetary policy decision later this month, influencing the US Dollar (USD) and impacting Gold prices. Meanwhile, optimism that the Fed will approach rate cuts cautiously, amid concerns that President-elect Donald Trump's policies may spur inflation, continues to weigh on XAU/USD.
⭐️Personal comments NOVA:
Price dispute: bulls and bears are strong in the Asian session, NF will legitimize the price with a strong discount, personal opinion based on the economic context at the end of 2024
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2687 - $2689 SL $2694
TP1: $2675
TP2: $2660
TP3: $2650
🔥SELL GOLD zone: $2655 - $2657 SL $2660 scalping ( Applies to the Asia-Europe session )
TP1: $2648
TP2: $2640
TP3: $2630
🔥BUY GOLD zone: $2587 - $2585 SL $2580
TP1: $2592
TP2: $2600
TP3: $2610
⭐️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
SIDEWAY - big changes are waiting ahead ! XAU ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) edges lower during Thursday's Asian session but remains within its recent trading range as mixed signals keep traders cautious. Hawkish comments from FOMC members, including Federal Reserve (Fed) Chair Jerome Powell, have reinforced expectations that the Fed will adopt a cautious approach to rate cuts. This has led to a modest rebound in US Treasury bond yields from their lowest levels in over a month, putting pressure on the non-yielding gold price.
⭐️Personal comments NOVA:
Unemployment news today - gold price will continue sideways waiting for NF data tomorrow, price range 2605; 2665 will be noticed in the sideway price zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2665 - $2667 SL $2672
TP1: $2655
TP2: $2640
TP3: $2630
🔥BUY GOLD zone: $2622 - $2624 SL $2617
TP1: $2630
TP2: $2640
TP3: $2650
⭐️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 SCALPING ! Resistance 2655 SELL sideway zone SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Anticipation of a less dovish Federal Reserve (Fed) has sparked a slight rebound in US Treasury bond yields, limiting gains for the non-yielding Gold price. Remarks from several FOMC members, including Fed Chair Jerome Powell on Wednesday, indicate the Fed is likely to proceed cautiously with rate cuts. This encourages traders to exercise caution before making significant moves on XAU/USD, as attention shifts to the upcoming US Nonfarm Payrolls (NFP) report on Friday.
⭐️Personal comments NOVA:
Gold price is still as predicted SIDEWAY, waiting for resistance at 2655 can SELL SCALPING M30
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2654 - $2656 SL $2659 scalping
TP1: $2650
TP2: $2645
TP3: $2640
⭐️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
ADP-NF Is there a chance for gold price to drop to 2605?⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Expectations that the Federal Reserve will take a cautious approach to rate cuts, driven by concerns that President-elect Donald Trump's policies could fuel inflation, are supporting a slight rise in US Treasury yields. This provides some strength to the US Dollar (USD) and may pose a challenge for Gold prices. However, XAU/USD remains supported by ongoing geopolitical tensions, uncertainty around Trump's trade tariffs, and fears of a potential second wave of global trade wars.
Traders are now awaiting the US ADP private-sector employment report and the ISM Services PMI for fresh direction in the market.
⭐️Personal comments NOVA:
Gold price narrows sideway zone 2640-2655, about to break the accumulation zone with ADP NF data this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2664 - $2666 SL $2669 scalping
TP1: $2658
TP2: $2650
TP3: $2640
🔥SELL GOLD zone: $2688 - $2690 SL $2695
TP1: $2680
TP2: $2670
TP3: $2660
🔥BUY GOLD zone: $2606 - $2604 SL $2599
TP1: $2615
TP2: $2628
TP3: $2635
⭐️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
Accumulation - bulls and bears dispute ! XAU sideway ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Atlanta Fed President Raphael Bostic shared his views, expressing uncertainty about the need for a rate cut this month but supporting the idea of further reductions in the coming months. He emphasized that interest rates should reach a neutral level that neither stimulates nor restricts economic growth, noting that he remains open to all options.
Meanwhile, the CME FedWatch Tool indicates a 63% probability of a 25-basis-point rate cut, slightly lower than the 66% seen last Friday, suggesting the December 17-18 meeting will be a closely watched event.
⭐️Personal comments NOVA:
The sideway price range 2605 - 2666 will continue, with more accumulation waiting for NF news this week.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2649 - $2651 SL $2654 scalping
TP1: $2645
TP2: $2638
TP3: $2630
🔥SELL GOLD zone: $2666 - $2668 SL $2673
TP1: $2658
TP2: $2645
TP3: $2630
🔥BUY GOLD zone: $2617 - $2615 SL $2610
TP1: $2625
TP2: $2632
TP3: $2640
⭐️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
CADJPYHere is our view on CADJPY . Potential short opportunity.
CADJPY has been following the downtrend for quite some time now. After its pullback to 107.100 the H4 is turning bearish again. After considering this we might continue following the trend and target lower levels such as 105.400 and 104.780 where our TP (Take Profit) is sitting at. If we break above our SL (Stop Loss) sitting at 107.485 we might visit higher prices. Our entry is at market price (current) sitting at 106.665 .
PARAMETERS
- Entry: 106.665
- SL: 107.485
- TP: 104.780
KEY NOTES
- CADJPY is in a downtrend.
- CADJPY has made its pullback to 107.100.
- Breaks above our SL (Stop Loss) would result in higher prices and possible reverses.
Happy trading!
FxPocket
The bears have great selling pressure - the trend is DOWN⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices rose late in the North American session on Friday, gaining 0.67%, though still poised for a monthly loss of over 3%. Geopolitical uncertainty continues to influence the market, with the non-yielding metal fluctuating near $2,600. Currently, XAU/USD trades at $2,652 after touching a daily low of $2,634.
Tensions in the Middle East eased following a ceasefire agreement between Israel and Lebanon. However, both sides later accused each other of breaching the terms of the truce.
⭐️Personal comments NOVA:
If there are no surprises - war news breaks out, the gold price will return to its real value below 2600 by the end of 2024. The long-term technical chart is also supporting this
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2657 - $2659 SL $2664
TP1: $2650
TP2: $2640
TP3: $2630
🔥BUY GOLD zone: $2607 - $2605 SL $2600
TP1: $2615
TP2: $2630
TP3: $2645
⭐️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/USD Analysis: Potential Bearish SetupThe GBP/USD pair is showing signs of a bearish continuation within a well-defined descending channel on the 4-hour timeframe. Price is currently testing the upper boundary of the channel, aligning with a potential reversal zone.
Resistance Zone: Price is rejecting near the 1.2875 level, which corresponds to the channel's upper boundary and a potential supply area.
Bearish Divergence: The RSI shows signs of exhaustion near the overbought territory, hinting at a possible shift in momentum to the downside.
The overall trend remains bearish, and as long as price stays within the channel, the bearish bias will likely prevail. Monitor price action closely for confirmation of the reversal!
Scalping! Gold price recovers in the short term to 2648SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) remain under pressure during the early European session on Monday, trading near $2,630, at the lower end of the day's range. The US Dollar (USD) rebounds sharply from a nearly three-week low, supported by a rise in US Treasury yields, adding downward pressure on the precious metal.
Additionally, expectations that President-elect Donald Trump's proposed tariffs and expansionary policies will drive inflation higher, potentially prompting the Federal Reserve (Fed) to halt further rate cuts, further weigh on gold. However, concerns over trade tensions, geopolitical uncertainties, and a cautious market sentiment may help limit losses for the safe-haven XAU/USD as investors await key US economic data releases later this week.
⭐️Personal comments NOVA:
Gold price has recovered - continuing sideways, scalping the liquidity zone 2648
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2648 - $2650 SL $2653
TP1: $2644
TP2: $2638
TP3: $2630
⭐️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
Accumulate - gold price will continue to FALL✍️ NOVA hello everyone, Let's comment on gold price next week from 12/02 - 12/06/2024
🔥 World situation:
Gold prices edged higher late in the North American session on Friday, gaining 0.67%, though still on track for a monthly decline of over 3%. Geopolitical concerns continue to influence market movements, with the non-yielding metal hovering near $2,600. XAU/USD is currently trading at $2,652, rebounding from a daily low of $2,634.
Tensions in the Middle East eased slightly after Israel and Lebanon reached a ceasefire agreement. However, both nations have since accused each other of breaching the terms of the deal.
🔥 Identify:
Gold price is still accumulating, sideways below 2680, moving within 2 H4 trendlines. In the context of the end of 2024, profit taking by investors will take place, gold price will continue to be under selling pressure.
🔥 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: $2680, $2720, 2755
Support : $2607, $2584, $2540
🔥 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