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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
OANDA:XAUUSDShort
by Nova-Scalper
3
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
OANDA:XAUUSDShort
by Nova-Scalper
1
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
OANDA:XAUUSDShort
by Nova-Scalper
4
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
OANDA:XAUUSDShort
by Nova-Scalper
5
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
OANDA:XAUUSDShort
by Nova-Scalper
2
The bears are strong at the end of the year! H1 downtrend⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) dropped over 3% on Monday, wiping out much of last week’s strong rally, which had marked its best performance since March 2023. The decline was driven by Scott Bessent's nomination as US Treasury Secretary and reports suggesting Israel was nearing a ceasefire with Hezbollah in Lebanon, sparking a global risk-on sentiment. This overshadowed slight weakness in the US Dollar and pressured the precious metal. However, the decline paused near the $2,600 level during the Asian session on Tuesday as renewed safe-haven demand emerged following President-elect Donald Trump’s tariff threats. Even so, expectations of a less dovish Federal Reserve, rising US Treasury yields, and renewed USD strength may limit gold’s recovery. Traders now await the release of the FOMC meeting minutes for further direction. ⭐️Personal comments NOVA: The combination of many factors causes gold prices to almost certainly continue to decline: Fibo H1, seller liquidity, touching EMA, trendline H1 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2646 - $2648 SL $2651 scalping TP1: $2640 TP2: $2630 TP3: $2620 🔥SELL GOLD zone: $2688 - $2690 SL $2695 TP1: $2675 TP2: $2660 TP3: $2650 🔥BUY GOLD zone: $2607 - $2605 SL $2600 TP1: $2615 TP2: $2622 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
OANDA:XAUUSDShort
by Nova-Scalper
3
DOW formation - DOWN trendXAU / USD trend forecast November 26, 2024 Gold prices (XAU/USD) plunged during Monday’s North American session following reports of a ceasefire agreement between Lebanon and Israel, which bolstered demand for riskier assets. Coupled with the announcement of Scott Bessent as the Treasury Secretary in Trump’s administration, this added further pressure on the yellow metal. XAU/USD is currently trading at $2,620, marking a drop of over 3%. The shift in risk sentiment has been a key factor driving Gold’s decline. The metal has broken below the 50-day Simple Moving Average (SMA) at $2,664, paving the way for potential further losses. Gold maintains price range below 2700 after ending short-term recovery - DOW wave 5 bar h1 frame /// SELL XAU : zone 2649-2652 SL: 2657 TP: 50 - 150 - 300pips (2622) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
1
Scalping ! Find short-term FIBO retracement pointsSCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) dropped over 1% on Monday, trading in the $2,670 range, as markets reacted positively to the appointment of a steady and experienced figure to succeed Janet Yellen as the next US Treasury Secretary. President-elect Donald Trump selected hedge fund manager Scott Bessent for the role, set to begin in January 2025. Bessent's reputation for cautious decision-making and his potential to temper some of Trump’s more extreme economic and trade policies appear to have eased market concerns, reducing the demand for gold as a safe-haven asset. ⭐️Personal comments NOVA: Price decreased at the beginning of the week on Monday - price recovered at 2690 entry FIBO, SELL SCALPING ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2690 - $2692 SL $2696 TP1: $2685 TP2: $2678 TP3: $2670 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
5
USD/ JPY ! 11/14 ! JPY value will increaseUSDJPY trend forecast November 14, 2024 The Japanese Yen (JPY) remains under selling pressure during the Asian session on Thursday, helping USD/JPY reach the 156.00 level for the first time since July 23, supported by a strong US Dollar (USD). Market sentiment suggests Japan’s political climate may hinder the Bank of Japan (BoJ) from further tightening its policy, which weakens the JPY. Additionally, worries about potential trade tariffs from US President-elect Donald Trump add further pressure on the Yen. The dollar is benefiting from the new president trump FOMO, but it is cooling down soon. The Japanese yen also has new moves with the new prime minister, helping the value of the Japanese yen increase further. /// SELL USD/JPY : zone 156.100 - 156.400 SL: 156.700 TP: 40 - 100 - 200 pips (154.400) Safe and profitable trading
Short
by Moon-ForexAcademy
5
XAU ! 11/14 ! still a strong decreaseXAU / USD trend forecast November 14, 2024 The US Dollar gained strongly as markets had largely anticipated a 25-basis-point hike by the Federal Reserve at its December meeting. CME FedWatch Tool data shows the odds have increased from 58% to 82%. The DXY index, which measures the Dollar’s strength against major currencies, reached a year-to-date high of 106.52, just above the previous high of 106.51 from April 16, and is currently around 106.49, up 0.50%. yesterday's sharp drop - continues to make investors believe prices will fall further: 2500 /// SELL XAU : zone 2574-2577 SL: 2580 TP: 50 - 100 - 150pips (2561) /// SELL XAU : zone 2590-2593 SL: 2598 TP: 50 - 200 - 300pips (2563) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
2
Gold reduced! The target is aimed at 2514⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) extends its decline for the fifth consecutive session, hitting its lowest level since September 19 near $2,558 during Thursday’s Asian session. Persistent US Dollar (USD) strength, fueled by optimism over President-elect Donald Trump's pro-growth policies and expectations of a Federal Reserve (Fed) pause in easing, keeps pressure on the non-yielding metal. Elevated US Treasury yields and a strong USD, which reached its highest level since November 2023, further weigh on Gold. Additionally, Wednesday's US Consumer Price Index (CPI) report signaled slower progress in reducing inflation, suggesting fewer rate cuts in 2024. Coupled with a bullish run in US equity markets, this has driven investors away from Gold. Traders now await the US Producer Price Index (PPI) release for near-term direction, with attention on Fed Chair Jerome Powell's speech later today. ⭐️Personal comments NOVA: The H4 price frame shows a strong downtrend, pay attention to the support zone, buyer liquidity here is quite large 2548 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2580 - $2582 SL $2587 TP1: $2565 TP2: $2550 TP3: $2530 🔥BUY GOLD zone: $2515 - $2513 SL $2508 TP1: $2525 TP2: $2540 TP3: $2560 🔥BUY GOLD zone: $2548 - $2550 SL $2545 scalping TP1: $2558 TP2: $2564 TP3: $2570 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
4
11/12 ! XAU ! Bears determined to continue to lower pricesXAU / USD trend forecast November 12, 2024 Gold dropped over 2.5% on Monday as the US Dollar surged to a four-month high. Speculation that a second Trump term might reignite trade tensions is supporting the USD's strength. XAU/USD is now trading at $2,611 after hitting a daily high of $2,686. This decline follows gold's worst weekly performance in more than five months after the election, with the US Dollar Index (DXY) up 0.6% to 105.57. Gold prices continued to decline on Monday - returning to the 2610 zone. The 2606 support zone could help gold recover and stay above 2600 in the short term. /// SELL XAU : zone 2654-2657 SL: 2662 TP: 50 - 150 - 300 pips (2627) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
3
bearish cycle - bears dominate !! XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) extended its losses on Monday, dropping over 2% to hit its lowest level since October 10 after its steepest weekly decline in five months. Strong US Dollar (USD) demand, driven by expectations of cautious Federal Reserve (Fed) policies and optimism over President-elect Donald Trump’s growth-focused agenda, pushed US Treasury yields higher and weighed on the non-yielding gold. However, the decline paused near $2,600 amid concerns that Trump’s protectionist policies could harm the global economy, spurring some safe-haven demand. Any significant rebound remains limited due to the USD's strong bullish momentum. Investors are likely waiting for this week’s US inflation data and key speeches from Federal Reserve officials, including Chair Jerome Powell, before making further moves. ⭐️Personal comments NOVA: Gold price moves in wave 3 according to Elliot, decreasing in price by the end of 2024 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2656 - $2658 SL $2663 TP1: $2648 TP2: $2635 TP3: $2620 🔥BUY GOLD zone: $2604 - $2602 SL $2599 scalping TP1: $2610 TP2: $2620 TP3: $2630 🔥BUY GOLD zone: $2575 - $2577 SL $2570 TP1: $2585 TP2: $2593 TP3: $2600 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
4
XAU ! 11/12 ! Continue the downtrend ! 2580XAU / USD trend forecast November 12, 2024! SCALPING Gold prices (XAU/USD) continue to decline during the first half of Tuesday's European session, dropping below $2,600 for the first time since September 20. Investors remain focused on the “Trump trade,” which strengthens the US Dollar to a four-month high, adding pressure to gold for the third consecutive day. Additionally, expectations that Trump’s expansionary policies will drive economic growth and inflation are likely to restrict the Federal Reserve’s need for further easing. This keeps US Treasury yields high, diverting interest away from the non-yielding gold as markets await key speeches from prominent FOMC members. break support 2610 - gold price continues to fall below 2600. Wait for retest 2610, SELL signal following downtrend /// SELL XAU : zone 2608-2611 scalping SL: 2614 TP: 40 - 80 - 150 pips (2596) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
1
Gold enters a long-term bearish-adjustment cycle⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) adds to last week's heavy losses and remains under some selling pressure for the second successive day on Monday. The US Dollar (USD) holds steady below a four-month peak touched last week in the wake of optimism over Donald Trump's anticipated expansionary policies and turns out to be a key factor undermining the commodity. Furthermore, President-elect Trump has vowed to cut corporate taxes, which remains supportive of the risk-on mood and contributes to driving flows away from the safe-haven precious metal. Meanwhile, expectations that Trump's policies could spur economic growth and inflation and restrict the Federal Reserve's (Fed) ability to cut interest rates more aggressively keep the US Treasury bond yields elevated. This, in turn, exerts additional pressure on the non-yielding Gold price, though bets for further Fed rate cuts could offer some support. Traders might also opt to move to the sidelines ahead of this week's release of the latest US consumer inflation figures and speeches by influential FOMC members, including Fed Chair Jerome Powell on Friday. ⭐️Personal comments NOVA: At the end of the year, there is almost no important news to help gold prices increase in 2024. The adjustment at the end of 2024 will cause gold to decrease. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2685 - $2687 SL $2692 TP1: $2678 TP2: $2665 TP3: $2650 🔥BUY GOLD zone: $2666 - $2664 SL $2659 TP1: $2672 TP2: $2680 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
OANDA:XAUUSDShort
by Nova-Scalper
1
Gold continues downtrend - market stability✍️ NOVA hello everyone, Let's comment on gold price next week from 11/11 - 11/15/2024 🔥 World situation: Gold prices fell on Friday as the US Dollar rebounded, despite a dip in Treasury yields. Traders adjusted their "Trump trade" positions, cautious about tariff uncertainties following Trump’s election win. XAU/USD is down 0.67%, trading at $2,688. US equities continued to rise, brushing off previous election concerns that had boosted Gold. With political risks easing, the market focus now shifts to Trump's policy plans. 🔥 Identify: The time when gold is sideways and adjusts down, stabilizing the price in 2024 to a safe zone. In the context that there will be many financial packages to stimulate the global economy in the near future, gold will become less attractive than other financial sectors. 🔥 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: $2710, $2756 Support : $2666, $2645, 2606 🔥 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
OANDA:XAUUSDShort
by Nova-Scalper
5
Gold sideway below 2700 - in DOWN trendSCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Traders took profits on recent Trump trades, leading to a pullback in the US Dollar from a four-month high and giving a boost to Gold prices on Thursday. The USD continued to ease after the Federal Reserve cut its benchmark interest rate by 25 basis points, bringing it to a target range of 4.50%-4.75%. ⭐️Personal comments NOVA: sideway in a bearish correction - waiting for the 2700 resistance zone to scalp SELL ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2700 - $2702 SL $2705 TP1: $2694 TP2: $2688 TP3: $2680 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
3
Short-term recovery for a stronger downward correction⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) sees new selling pressure during Tuesday’s Asian session, dipping to over a one-week low near $2,725-2,724, though the downside appears limited. The uncertainty around the tight US presidential election and potential escalation of Middle East tensions could keep supporting this safe-haven asset. Additionally, the unwinding of "Trump trades" and expectations that the Federal Reserve may cut rates further due to a slowing US labor market have pushed US Treasury yields lower. This has prevented the US Dollar from extending its overnight recovery and may continue to limit any significant pullback in Gold prices. ⭐️Personal comments NOVA: The downward adjustment trend still maintains the H1 and H4 frames. If you want a stronger decrease - a short-term recovery in the downtrend in the price range 2747 - 2761 is more expected. Current selling volume is slowing down due to support zones blocking it ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2748 - $2750 SL $2753 scalping TP1: $2743 TP2: $2737 TP3: $2730 🔥SELL GOLD zone: $2762 - $2764 SL $2769 TP1: $2750 TP2: $2730 TP3: $2717 🔥BUY GOLD zone: $2716 - $2714 SL $2709 TP1: $2725 TP2: $2732 TP3: $2740 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
4
Adjustment - gold price drops! Waiting for the new US president⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) remains positive on Monday as US election risks and Middle East tensions continue to support the safe-haven asset. However, stronger demand for the Greenback and rising US bond yields could limit Gold’s gains, as higher yields make non-yielding assets like Gold less appealing. Investors are focused on Tuesday's US presidential election, with the market’s attention shifting to the Federal Reserve’s rate decision on Thursday. Given the election uncertainty, it’s anticipated that the Fed will opt for a standard 25 basis point rate cut, rather than a larger half-point easing. ⭐️Personal comments NOVA: Gold price officially decreased - legalized adjustment with the US presidential election. The US economy will have a new breeze - boosting the economy and other investment areas. Gold will wait for the next interest rate information ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2757 - $2759 SL $2762 scalping TP1: $2750 TP2: $2740 TP3: $2730 🔥SELL GOLD zone: $2771 - $2773 SL $2778 TP1: $2765 TP2: $2750 TP3: $2740 🔥BUY GOLD zone: $2717 - $2715 SL $2710 TP1: $2725 TP2: $2732 TP3: $2740 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
1
XAU! 11/1 ! Gold price adjustment - NF newsXAU / USD trend forecast November1, 2024 Gold price (XAU/USD) regains some ground on Friday, supported by US election uncertainties and Middle East tensions, which boost demand for the safe-haven asset. However, rising US Treasury yields and a stronger US Dollar may limit gains. Traders now await the US October employment report, with key data on Nonfarm Payrolls, Unemployment Rate, and Average Hourly Earnings. A strong report could reduce expectations for Fed rate cuts, potentially weighing on gold. Gold price adjusted down - market reduced FOMO. Waiting for NF news to officially return to the price range of 2700 - 2720 /// SELL XAU : zone 2769-2772 SL: 2777 TP: 50 - 200 - 300 pips (2742) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
1
USDCAD! 10/30 ! Resistance H4 SELL signal USDCAD trend forecast October 30, 2024 The USD/CAD pair continues its upward trend on Tuesday, rising 0.23% to 1.3910, near Monday’s three-month high of 1.3908. The Greenback's strength, coupled with a drop in oil prices, supports this movement. Positive US economic data has fueled expectations for Fed rate cuts in November. September’s JOLTs report was mixed but slightly below forecasts, while August home price indices exceeded expectations, indicating persistent shelter inflation. Resistance H4 - overbought zone. In the context of the falling dollar, inflation cooling down in the US, causing the USD/XXX currency pairs to adjust down. /// SELL USDCAD : zone 1.39300 - 1.39500 SL: 1.39800 TP: 60 - 100 - 250 pips (1.37000) Safe and profitable trading
Short
by Moon-ForexAcademy
2
USD/ JPY ! 10/ 28 ! SELL resistance ! GAP USD/ JPY trend forecast October 28, 2024 The Japanese Yen (JPY) recovers about 50 pips from a three-month low against the USD, though gains are limited amid uncertainty over the Bank of Japan's rate hike plans and the ruling coalition’s recent loss of its parliamentary majority. Additionally, a positive risk sentiment continues to weigh on the safe-haven JPY. At the beginning of the week, the price created a GAP to increase - need to adjust to fill the GAP. There is a slight resistance zone - in the context of not much important news today. /// SELL USDJPY : zone 153.250 - 153.550 SL: 153.850 TP: 60 - 100 - 250 pips (151.050) Safe and profitable trading
Short
by Moon-ForexAcademy
2