continue sideways, BTC accumulates below 88K💎 BTC PLAN UPDATE (April 18)
The recovery of the D frame shows the optimistic sentiment of the market, believing that in the second quarter of 2025 the market will heat up again. The FED lowers interest rates, the group raises tariffs.
NOTABLE NEWS ABOUT BTC:
Recent trends suggest that Bitcoin ETF sell-offs during price surges often foreshadow significant market pullbacks. Notably, substantial outflows were recorded from BlackRock’s IBIT and Ark Invest’s ARKB ETFs, each losing over $113 million in assets.
Should the sell-off by seasoned U.S. institutional investors persist into Thursday, cautious sentiment may spread to strategic retail and mid-tier traders, deterring them from initiating large bullish positions. This risk-averse stance could help explain Bitcoin’s current stagnation near $84,600, even as top-performing altcoins like Solana outpace it with stronger gains over the past 24 hours.
TECHNICAL VIEW
BTC price needs to surpass 92-93K to enter the next big growth period. However, political instability and tariffs are holding back BTC's breakout. Price will continue to sideway and accumulate around 82-86K
Short time frame, sideway around 84k, slow liquidity.
==> Comments are for reference only. Wish investors successful trading
Selltrade
Bulls recover, gold prices grow OLD ATH ⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) climbs modestly toward the $3,080 mark during early Asian trading on Wednesday, buoyed by renewed safe-haven demand as trade tensions between the United States and China intensify.
In a fresh move, US President Donald Trump announced a 90-day delay on new tariffs—set at 10%—for most US trading partners to allow space for negotiations. However, he simultaneously escalated trade friction with Beijing, raising tariffs on Chinese imports to a staggering 125% “effective immediately,” citing China's "lack of respect for global markets."
⭐️Personal comments NOVA:
The rapid recovery and large fluctuations of gold prices show that the impact of Trump's 90-day tariff postponement news is very strong. The price zone of 3135 and 3167 will be under great selling pressure. There is not much momentum for gold prices to create new ATHs.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3164- 3167 SL 3171
TP1: $3150
TP2: $3140
TP3: $3130
🔥BUY GOLD zone: $3074 - $3076 SL $3069
TP1: $3090
TP2: $3105
TP3: $3123
⭐️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 accumulates below 3038, waiting for FOMC information⭐️GOLDEN INFORMATION:
Gold prices break a three-day losing streak but remain capped below the key $3,000 level, as rising US Treasury yields dampen the appeal of the non-interest-bearing metal. Despite optimism surrounding potential trade agreements among global partners, lingering tensions in the ongoing US–China trade conflict continue to keep investors on edge. At the time of writing, XAU/USD is trading flat around $2,980 per troy ounce.
⭐️Personal comments NOVA:
Gold price moves with large amplitude, in a downward correction phase. Continues to trade below 3040 waiting for the FED's move on interest rates and agreements on tariff levels of countries around the world.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3038 - 3040 SL 3045
TP1: $3028
TP2: $3015
TP3: $3000
🔥BUY GOLD zone: $2958 - $2960 SL $2953
TP1: $2975
TP2: $2990
TP3: $3010
⭐️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 begins to stabilize, trading around 2990⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) finds renewed upward momentum during Tuesday’s Asian session, appearing to end a three-day losing streak after dipping to a nearly four-week low around the $2,957–2,956 region on Monday. Investor sentiment remains fragile amid lingering concerns over a potential global trade war, triggered by US President Donald Trump’s sweeping reciprocal tariffs announced last week. Fears of a recession and heightened uncertainty continue to fuel safe-haven demand, helping bullion stabilize after its sharp pullback from last Thursday’s all-time high.
⭐️Personal comments NOVA:
Gold price is in a correction downtrend, will continue sideways around 2950 - 3040
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3036 - 3038 SL 3043
TP1: $3020
TP2: $3005
TP3: $2990
🔥BUY GOLD zone: $2962 - $2964 SL $2957
TP1: $2975
TP2: $2990
TP3: $3010
⭐️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
Selling pressure remains, gold price adjusts down⭐️GOLDEN INFORMATION:
Suki Cooper, an analyst at Standard Chartered, noted, “Gold is often seen as a liquid asset that investors turn to when they need to meet margin calls in other areas, so it's not uncommon for gold to decline following a risk event, considering its function within a diversified portfolio.”
On the data front, the US economic calendar showed a solid employment report, with private sector employers adding more than 200,000 jobs in March. Although the Unemployment Rate ticked up slightly, Bloomberg suggested this was “largely due to rounding.”
According to figures from Prime Market Terminal, money market participants have already priced in more than 1% worth of rate cuts from the Federal Reserve by 2025.
⭐️Personal comments NOVA:
Short-term downtrend, disputed price zone 3054 - 2975. Gold price continues to adjust down at the beginning of the week.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3084 - 3086 SL 3091
TP1: $3070
TP2: $3055
TP3: $3040
🔥BUY GOLD zone: $2973 - $2971 SL $2966
TP1: $2980
TP2: $2990
TP3: $3000
⭐️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 prices start to cool down - back to 3000✍️ NOVA hello everyone, Let's comment on gold price next week from 04/07/2025 - 04/11/2025
🔥 World situation:
Gold (XAU) prices deepened their decline on Friday, sliding to a seven-day low of $3,015 before rebounding slightly, after remarks from Federal Reserve (Fed) Chair Jerome Powell suggested that inflation may accelerate again due to the impact of tariffs. At the time of writing, XAU/USD is trading at $3,029, representing a 2.70% drop.
Market volatility persisted as tensions escalated in the ongoing trade conflict between the United States (US) and China. In addition, Powell dampened hopes for imminent Fed rate cuts, stating that tariffs are expected to affect the US economy by slowing growth and pushing inflation higher.
According to a Financial Times (FT) report, hedge funds faced their largest margin calls since the Covid-19 pandemic, triggered by President Trump’s Liberation Day announcement.
🔥 Identify:
The FOMO increase in gold prices is starting to show signs of stopping due to concerns about economic recession. Gold prices will continue to decline back to the price range below 3000, stabilizing the market again.
🔥 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: $3054, $3076, $3105, $3135
Support : $2998, $2953
🔥 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 prices cool after tariff announcement⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) surged to a new all-time high during the Asian session on Thursday as investors flocked to safe-haven assets amid heightened risk aversion. Market sentiment took a sharp downturn after US President Donald Trump unveiled sweeping reciprocal tariffs on Wednesday evening, igniting fears of a global economic slowdown and a potential US recession.
The announcement triggered a broad sell-off in equity markets, reinforcing the risk-off mood and further fueling demand for gold as a traditional store of value.
⭐️Personal comments NOVA:
Gold hits 3167 peak, buying pressure gradually decreases. Adjustment waiting for new moves from other countries on Trump's tariff policy
⭐️SET UP GOLD PRICE:
🔥 SELL 3165 - 3168 SL 3172
TP1: $3160
TP2: $3150
TP3: $3140
🔥BUY GOLD zone: $3108 - $3110 SL $3103
TP1: $3115
TP2: $3130
TP3: $3140
⭐️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 declines, accumulate and wait for April news⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues its pullback, slipping toward $3,025 in early Asian trading on Monday. The metal retreats from Thursday’s record high, driven by renewed optimism over a potential Ukraine peace deal. However, expectations of Federal Reserve (Fed) rate cuts and lingering economic uncertainties could provide support, limiting further downside for the yellow metal.
⭐️Personal comments NOVA:
Gold is under pressure to sell and take profits in the short term. There is still a lot of liquidity in the 3000 price zone. The price will continue to accumulate around $3000.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3031 - $3033 SL $3038
TP1: $3020
TP2: $3010
TP3: $3000
🔥BUY GOLD zone: $2991 - $2993 SL $2986
TP1: $3000
TP2: $3008
TP3: $3017
⭐️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 start to adjust yet?⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) face renewed selling pressure during the Asian session on Friday, retreating toward the $3,030 level in recent trading, inching closer to the previous session’s low. The US Dollar (USD) maintains its upward trajectory for the third consecutive day, prompting some profit-taking on the precious metal ahead of the weekend. However, a confluence of supportive factors is likely to keep bullion resilient, positioning it for a third consecutive week of gains.
⭐️Personal comments NOVA:
Breaking the trend, has gold price really been in the weekend price adjustment rhythm? According to NOVA, it has started. Before the tax policies in early April, the market needs a little balance in terms of liquidity on the selling side.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3040 - $3042 SL $3047
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $3019 - $3017 SL $3014 scalping
TP1: $3023
TP2: $3030
TP3: $3040
🔥BUY GOLD zone: $3000 - $3002 SL $2995
TP1: $3010
TP2: $3020
TP3: $3030
⭐️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
EURUSD continue decrease H1 🔔🔔🔔 EURUSD news:
👉The EUR/USD pair slips to around 1.0835 during Asian trading hours on Friday, as the Euro (EUR) weakens against the US Dollar (USD) amid rising trade tensions between the United States and the European Union. Later in the day, market participants will focus on Germany’s Harmonized Index of Consumer Prices (HICP) for February and the preliminary Michigan Consumer Sentiment report for March.
Personal opinion:
👉Price is falling along the trendline, the main trend of H1, along with the increase of the dollar through tax policies. EURUSD continues to be under downward pressure (Trump administration threatens new tax rates for EU)
Technical analysis:
👉trendline H1 + resistance ( news USD today )
Plan:
🔆Price Zone Setup:
👉SELL EURUSD 1.08400 - 1.08500
❌SL: 1.08800
✅TP: 40 - 70 -120 PIPS
FM wishes you a successful trading day 💰💰💰
Gold price recovers, waiting for CPI inflation data today⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The US 10-year Treasury yield rebounds, rising six basis points to 4.282% as markets focus on potential Federal Reserve rate cuts.
Meanwhile, US real yields—measured by the 10-year Treasury Inflation-Protected Securities (TIPS), which typically move inversely to gold prices—climb 5.5 basis points to 1.963%, posing a headwind for the non-yielding metal.
The Atlanta Fed’s GDP Now model projects a -2.4% contraction for Q1 2025, marking the first negative reading since the COVID-19 pandemic.
⭐️Personal comments NOVA:
Recovering in the sideway price range below 2930
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2928 - $2930 SL $2935
TP1: $2920
TP2: $2910
TP3: $2900
🔥BUY GOLD zone: $2894 - $2896 SL $2889
TP1: $2900
TP2: $2910
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
Bears dominate gold continues today⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) find support near the $2,880 level during Tuesday’s Asian session, drawing dip-buyers and partially recovering from the previous day’s drop to a one-week low.
Investor sentiment remains cautious amid uncertainty over US President Donald Trump’s trade policies and their potential impact on the global economy. The prevailing risk-off mood, compounded by geopolitical tensions, continues to fuel demand for the safe-haven metal
⭐️Personal comments NOVA:
US economy plummets, fears of recession due to rising trade tensions
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2915 - $2917 SL $2922
TP1: $2910
TP2: $2900
TP3: $2890
🔥BUY GOLD zone: $2860 - $2862 SL $2855
TP1: $2870
TP2: $2880
TP3: $2890
⭐️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
H1 bearish pattern appears , XAU / USD ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The US labor market showed signs of slowing last month, reinforcing expectations that the Federal Reserve will proceed with multiple rate cuts this year. This sentiment pressured the US Dollar while boosting the price of USD-denominated commodities.
Data from the US Bureau of Labor Statistics (BLS) on Friday revealed that Nonfarm Payrolls (NFP) rose by 151,000 in February, following January’s upwardly revised 125,000 (previously 143,000), falling short of the 160,000 market forecast.
Meanwhile, the Unemployment Rate edged up to 4.1% from 4.0% in January, while annual wage inflation, measured by Average Hourly Earnings, ticked higher to 4.0% from 3.9%, though it was revised down from an initial 4.1%.
⭐️Personal comments NOVA:
Gold price is sideways around 2910 at the beginning of the week, H1 frame shows head and shoulders pattern, downtrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2928 - $2930 SL $2935
TP1: $2920
TP2: $2910
TP3: $2900
🔥BUY GOLD zone: $2891 - $2893 SL $2886
TP1: $2900
TP2: $2910
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
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
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
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
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
Gold short term recovery, bulls try⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
US real yields, which typically move opposite to gold prices, fell by four basis points to 2.039%, providing support for XAU/USD.
Meanwhile, the World Gold Council (WGC) reported that central banks acquired over 1,000 tons of gold for the third year in a row in 2024. Following Trump’s election victory, central bank purchases soared by more than 54% year-over-year, reaching 333 tons, according to WGC data.
⭐️ Personal comments NOVA:
Short recovery at the beginning of the week, still in the accumulation process, no important news, gold is not affected too much
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2916 - $2918 SL $2921 scalping
TP1: $2912
TP2: $2907
TP3: $2900
🔥 SELL GOLD zone: $2940 - $2942 SL $2947
TP1: $2930
TP2: $2920
TP3: $2910
🔥 BUY GOLD zone: $2878 - $2880 SL $2873
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
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 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