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Sellxauusd

Gold price is still supported, waiting for PCE news⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Furthermore, the most recent political changes in the Middle East have resulted in a resurgence of non-profitable metal prices following the Houthis' assault on two American-flagged Maersk vessels that were under the protection of the US Navy. Overall, those involved in the gold trading industry are preparing themselves for the upcoming announcement of the Federal Reserve's favored measurement of inflation, the Personal Consumption Expenditures (PCE) Price Index for December. This release is of particular importance as it precedes the monetary policy decision to be made by Fed Chairman Jerome Powell and his colleagues next week. ⭐️ Personal comments NOVA: Gold price is still trying to maintain the 2010-2020 price range in the face of increasing selling pressure from investors due to information that the FED will lower interest rates in 2024. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2002 - $2005 SL $1995 TP1: $2008 TP2: $2014 TP3: $2020 🔥SELL GOLD zone: $2029 - $2031 SL $2036 TP1: $2024 TP2: $2019 TP3: $2014/b] ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
7
Gold price is trending DOWN with GDP news⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian session on Thursday, the price of gold (XAU/USD) has slightly increased and recovered some of the significant losses from the previous day. However, there is a lack of strong bullish momentum. The US Dollar (USD) is struggling to take advantage of the rebound it experienced from a one-week low and is still below its highest level since December 13, which was reached on Tuesday. These factors, combined with the potential for further escalation of military action in the Middle East, are providing support for the safe-haven precious metal. ⭐️ Personal comments NOVA: Gold price after the 2019 breakout, Gold price will continue to fluctuate below this zone and prioritize the upcoming DOWN trend, today's GDP news is also supporting that. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2000 - $2002 SL $1992 TP1: $2008 TP2: $2013 TP3: $2020 🔥SELL GOLD zone: $2022 - $2024 SL $2029 TP1: $2015 TP2: $2008 TP3: $2000 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
11
A slowdown in the DOWN trend !! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: This week's main events to watch out for include the release of the US Gross Domestic Product (GDP) for the fourth quarter on Thursday and the Core Personal Consumption Expenditures Price Index (Coe PCE) on Friday. If the US data shows weakness, it is expected to influence the Federal Reserve to adopt a more dovish stance, which could limit the downward movement of gold prices. Additionally, the US Richmond Fed Manufacturing Index for January will be published later on Tuesday, ahead of the key US event. ⭐️ Personal comments NOVA: Gold price range 2020-2027. Still in a DOWN trend if there is no sudden change in bad economic data for the DOLLAR. Gold price continues to struggle sideways above $2000 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2002 - $2005 SL $1995 TP1: $2012 TP2: $2020 TP3: $2030 Pay attention to the 2015-2017 support zone, scalping BUY 🔥SELL GOLD zone: $2040 - $2042 SL $2050 TP1: $2032 TP2: $2026 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
OANDA:XAUUSDShort
by Nova-Scalper
14
Scalping XAU !! 22/1/2024 stuck at the border of 2 trendlines⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is facing renewed selling pressure at the start of the week, putting a halt to its two-day recovery from the $2,000 mark. This level is considered a psychological threshold, and the price had dropped to a one-month low last Wednesday. Last week, positive macroeconomic data from the United States indicated a resilient economy, giving the Federal Reserve (Fed) room to maintain higher interest rates for a longer period. Additionally, hawkish comments from several Fed officials have led investors to lower their expectations for a more aggressive policy easing in 2024. As a result, this is undermining the appeal of gold as an investment, as it does not generate yield. ⭐️ Personal comments NOVA: The price is having a certain compression, stuck in 2 trendlines. The setup touches the downtrend line, a SELL signal ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2025 - $2027 SL $2030 TP1: $2021 TP2: $2017 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
2
Gold's prosperity at the end of January 2024!! XAU✍️ NOVA hello everyone, Let's comment on gold price next week from 22/1 - 26/1/2024 🔥 Identify: The prosperity at the end of January 2024, political and military tensions in the US economy helped Gold prices recover slightly, but not for long. Next week, important economic data such as PMI, GDP... can continue to help Gold prices recover further before falling to sideways accumulation. 🔥 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: $2038, $2056 Support : $2002, $1976 🔥 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
7
Prices continue to DECREASE during the week! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving within a limited range during the Asian session on Friday and continues to stay close to a low point reached earlier this week, around the psychological level of $2,000. The Middle East is experiencing heightened geopolitical tensions as Pakistan conducted retaliatory airstrikes inside Iran on Thursday. Additionally, clashes between the US and Houthi forces in the Red Sea, coupled with ongoing concerns about China's weak economy, provide support for the safe-haven status of gold. ⭐️ Personal comments NOVA: Following the DOWN trend of Gold, US economic data is also supporting that ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1993 - $1995 SL $1985 TP1: $2002 TP2: $2010 TP3: $2020 🔥SELL GOLD zone: $2033 - $2035 SL $2040 TP1: $2027 TP2: $2020 TP3: $2010 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
7
Scalping XAU! 19/1/24 Strong selling resistance zone⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US-led coalition is still engaged in conflicts with the Iran-backed Houthi faction in the Red Sea, which is contributing to the stability of the Comex Gold price as the US Dollar remains subdued. On Thursday, Houthi rebels in Yemen fired two ballistic missiles at a tanker ship owned by the US and operated by Greece. In response, the US conducted its fifth attack against Houthi targets. ⭐️ Personal comments NOVA: set up signal SELL XAU, resistance zone along with US economic data expected to be good for USD bad for XAU ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2033 - $2035 SL $2040 TP1: $2025 TP2: $2017 TP3: $2002 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
2
Strong SELLING PRESSURE can cause Gold price to fall to 2002area⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Federal Reserve (Fed) Governor Christopher Waller stated on Tuesday that the Fed has the ability to decrease the target range for the federal funds rate in the upcoming year. Waller emphasized the importance of gradually and cautiously reducing the rates once the appropriate time arrives. Based on the CME FedWatch tool, market indicators suggest a 67% probability that the Federal Open Market Committee (FOMC) will initiate rate cuts in March. However, following Waller's remarks, traders adjusted their expectations from seven cuts in 2024 to six. ⭐️ Personal comments NOVA: After last night's decline, Gold prices showed strong selling pressure, trading below the EMA lines, with an unclear trend, continuing a wide sideways range above the $2000 range. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2000 - $2002 SL $1995 TP1: $2010 TP2: $2025 TP3: $2040 🔥SELL GOLD zone: $2039 - $2041 SL $2047 TP1: $2030 TP2: $2022 TP3: $2010 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
5
PPI !! There is a chance for recovery!! XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: On Friday, investors will pay close attention to the economic data coming out of China. It is predicted that the Consumer Price Index (CPI) for the nation will decrease by 0.4% compared to the previous year in December. Similarly, the Producer Price Index (PPI) is expected to drop by 2.6% year-on-year, down from the previous reading of 3.0%. If the data turns out to be weaker than expected, it could potentially have a negative impact on the price of gold, as China is one of the largest consumers of the precious metal worldwide. In addition, the US Producer Price Index (PPI) will also be released later in the day on Friday. ⭐️ Personal comments NOVA: PPI prediction is quite positive for the dollar, Gold price is still sideways around the area below $2040, selling pressure is still trying to return to the $2000 area ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2022 - $2020 SL $2017 scalping Asian session TP1: $2026 TP2: $2030 TP3: $2034 🔥BUY GOLD zone: $2000 - $2002 SL $1995 TP1: $2010 TP2: $2020 TP3: $2030 🔥SELL GOLD zone: $2053 - $2055 SL $2060 TP1: $2045 TP2: $2038 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
OANDA:XAUUSDShort
by Nova-Scalper
5
Should gold be prioritized for sale anymore?Hello everyone, what do you think about the price of gold? Today gold does not have too many fluctuations, mainly around 2030 USD and the trend is still stuck in a downward trend! About gold trading strategy: -On the analysis chart, gold is limited below the resistance level of 2036 USD and confluences with the two EMA lines, so the downtrend is even more supported. Therefore, we will prioritize Sell orders with the goal of taking profits at the defensive level of the Bulls in 2020 - 2017 USD. Good luck to you !
OANDA:XAUUSD
by Karina_Bella
Waiting for new motivation after today's CPI news⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the early Asian trading hours on Thursday, the price of gold (XAU/USD) experienced a gradual increase. The weakened US Dollar (USD) provided some encouragement to the yellow metal, particularly in anticipation of the significant US CPI report later in the day. Currently, the gold price stands at $2,026, reflecting a 0.15% gain for the day. ⭐️ Personal comments NOVA: It is still a nice DOWN trend according to the H1 chart frame, trading below the EMA makes the trend even clearer. CPI data at the beginning of the year creates prosperity for the US economy ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2015 - $2013 SL $2010 scalping TP1: $2019 TP2: $2025 TP3: $2032 🔥BUY GOLD zone: $2000 - $2002 SL $1995 TP1: $2010 TP2: $2020 TP3: $2030 🔥SELL GOLD zone: $2037 - $2039 SL $2045 TP1: $2034 TP2: $2028 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
OANDA:XAUUSDShort
by Nova-Scalper
8
Steady correction DOWN trend!! XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is facing difficulties in gaining significant momentum after experiencing a slight decline from the $2,040 level yesterday. It is currently moving within a tight trading range during the Asian session on Wednesday. Traders appear hesitant and are choosing to wait for the upcoming release of the most recent consumer inflation data on Thursday before making any new directional trades. ⭐️ Personal comments NOVA: Gold price is in a stable downward adjustment rhythm, with strong selling pressure. Price trading below the EMA shows the main downtrend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2010 - $2012 SL $2007 scalping TP1: $2016 TP2: $2020 TP3: $2025 🔥BUY GOLD zone: $2000 - $2002 SL $1995 TP1: $2010 TP2: $2020 TP3: $2030 🔥SELL GOLD zone: $2048 - $2050 SL $2055 TP1: $2040 TP2: $2025 TP3: $2012 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
4
Forming a short-term DOWN trend, correction⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: There is no important US economic news today, mainly based on technical analysis according to the Gold chart ⭐️ Personal comments NOVA: Prices are forming a downward wave pattern in the short term. According to fibonacci, Gold prices need a DOWN adjustment period to continue creating more liquidity for the market in early 2024. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2047 - $2045 SL $2040 TP1: $2052 TP2: $2060 TP3: $2074 🔥SELL GOLD zone: $2074 - $2076 SL $2080 TP1: $2068 TP2: $2060 TP3: $2050 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
19
SCALPING !! 12/28/23 test the corrective wave rhythm⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) experienced slight downward pressure on Thursday following its recent three-week high. The valuable metal gave up some of its gains as investors took profits after a significant rally over the past two weeks. This occurred as the cost of holding the non-interest-bearing metal increased due to the recovery of US Treasury yields. ⭐️ Personal comments NOVA: Based on today's correction, test the price trend at 2085 and signal SELL ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2085 - $2087 SL $2090 Scalping TP1: $2080 TP2: $2075 TP3: $2070 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
2
Scalping XAU! Set up the SELL signal at the resistance zone⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The end of important economic news last week was beneficial for Gold, helping the Gold price this week to stabilize sideways in the H1 frame. ⭐️ Personal comments NOVA: Gold price has a great possibility of continuing to stabilize the price above the $2050 area ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2065 - $2067 SL $2070 Scalping TP1: $2062 TP2: $2058 TP3: $2053 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
2
PPI news !! Gold prices continue to fall ??⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The general expectation is that the US central bank will maintain the existing conditions and keep interest rates unchanged after their two-day meeting on Wednesday. As a result, the focus of the market will be on the accompanying monetary policy statement and the updated economic projections. Following this, there will be a press conference held by Fed Chair Jerome Powell, which will be closely analyzed for any confirmation of a shift in policy stance. Currently, the markets are anticipating the possibility of at least four 25 basis point rate cuts by the Fed in 2024. Therefore, if there is a more cautious approach, it will put significant pressure on the US Dollar and cause an upward movement in the price of Gold, which does not yield interest. ⭐️ Personal comments NOVA: Both technical factors and economic data are not supporting the uptrend of Gold, still under SELL pressure. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1964 - $1966 SL $1956 TP1: $1970 TP2: $1978 TP3: $1985 Note the price resistance zone: SELL 1994-1996 🔥SELL GOLD zone: $2006 - $2004 SL $2015 TP1: $1995 TP2: $1982 TP3: $1970 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
3
Scalping!!! 7/12 XAU signal SELL , resistance ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is attracting some buying for the second consecutive day on Thursday. However, the buying lacks momentum and the price remains within a familiar range that has been held for the past three days during the first half of the European session. On the fundamental front, there is a growing belief that the Federal Reserve (Fed) has completed its tightening campaign and will begin cutting rates as early as March 2024. Additionally, recent dovish comments from officials at the European Central Bank (ECB), as well as the decisions by the Reserve Bank of Australia (RBA) and the Bank of Canada (BoC) to keep rates steady, have raised hopes that interest rates have reached their peak globally. Consequently, this is viewed as a significant factor supporting the non-yielding yellow metal. ⭐️ Personal comments NOVA: Scalping intraday, price has low volume, sideways waiting for news today. There is a resistance zone at 2033-2035 setting up a SELL signal before the Unemployment Claims news ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2033 - $2035 SL $2038 Scalping TP1: $2030 TP2: $2027 TP3: $2024 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
5
ADP Non-Farm! How does Gold price affect today?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold is currently stabilizing around $2,020 on Wednesday morning, after experiencing a two-day decline from its record high of $2,144 on Monday. The increase in the value of gold is benefiting from a general retreat of the US Dollar, as buyers of the Greenback pause after its recent upward movement and in anticipation of the release of the significant US ADP Employment Change data. ⭐️ Personal comments NOVA: One of the news that often greatly affects Gold today is ADP Non-Farm. The data supports the downtrend along with an adjustment to rebalance the market. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1990 - $1992 SL $1982 TP1: $2000 TP2: $2010 TP3: $2020 🔥SELL GOLD zone: $2049 - $2051 SL $2060 TP1: $2040 TP2: $2032 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
OANDA:XAUUSDShort
by Nova-Scalper
2
Scalping XAU! 30/11 sideway adjustment DOWN⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is struggling to gain momentum in early European trading on Thursday. It is currently consolidating its recent strong gains, reaching its highest level since May 5th, which was achieved the previous day. Traders are showing hesitancy and are choosing to wait for the release of the key inflation data from the United States (US) before making any new bets on the direction of the market. The US Personal Consumption Expenditures (PCE) Price Index is scheduled to be released later during the North American session and may have an impact on the Federal Reserve's (Fed) future policy decisions. This, in turn, will influence the demand for the US Dollar (USD) and provide substantial motivation for the non-interest-bearing precious metal. ⭐️ Personal comments NOVA: Currently, the price is sideways around the 2035-2045 area. To overcome the 2050 resistance area, several downward corrections are needed before there is enough force for the next price increase ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2041.5 - $2043.5 SL $2047 Scalping TP1: $2037 TP2: $2034 TP3: $2029 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
6
Scalping XAU! 28/11 Accumulate price range⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: There appears to be limited potential for any significant downward movement in the price of Gold, as it is increasingly recognized that the Federal Reserve (Fed) has concluded its efforts to tighten monetary policy. Additionally, the markets have already factored in the likelihood of multiple interest rate cuts in 2024. As a result, US bond yields and the value of the US dollar are expected to remain restrained. Furthermore, concerns regarding a global economic downturn and a generally weaker performance in European stock markets should provide some support for the safe-haven appeal of precious metals. Considering these factors, bearish traders should exercise caution ahead of the release of important inflation data from the US this week. ⭐️ Personal comments NOVA: The price is still accumulating sideways before continuing to overcome the 2020 resistance area ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2016 - $2018 SL $2021 TP1: $2012 TP2: $2008 TP3: $2005 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
4
Continue to adjust and accumulate short-term! XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) has recovered some of its losses as the US dollar (USD) continues to decline in the early Asian session on Friday. No economic data was released from the US on Thursday. Currently, the gold price is trading at around $1,992, with no change throughout the day. Moving forward, gold traders will be closely monitoring the US S&P Global PMI data on Friday. It is expected that the Manufacturing PMI will decrease from 50 to 49.8, while the Services PMI is estimated to ease from 50.6 to 50.4. Traders will be paying attention to these figures in order to identify potential trading opportunities based on the gold price. ⭐️ Personal comments NOVA: Today's PMI news is not expected to have much impact on Gold prices too much. Gold price is still in the process of adjusting and accumulating to enter the strong resistance zone of 2005-2010. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1973 - $1975 SL $1968 TP1: $1985 TP2: $1997 TP3: $2008 🔥SELL GOLD zone: $2008 - $2010 SL $2017 TP1: $2000 TP2: $1990 TP3: $1980 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
1
Bank holiday! Slowly today XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The recovery in the price of gold (XAU/USD) has lost its momentum after pulling back from $2,006 earlier in the Asian session on Thursday. The positive US consumer sentiment report has led to an increase in US Treasury yields and a stronger US Dollar, which has attracted some sellers of the yellow metal. Market activity remains subdued as the United States prepares for the Thanksgiving Day holiday on Thursday. Currently, the price of gold is trading around $1,990, showing a slight increase of 0.02% 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 hovering around 103.88. The yields on US Treasury bonds are also rising, with the 10-year yields climbing by 4.40%. This upward movement in yields puts pressure on gold as investors see US Treasury yields as a more attractive investment compared to non-yielding metals. ⭐️ Personal comments NOVA: Today is BANK holiday in the US market. There will not be much fluctuation today, the price is mostly sideways and in a cumulative correction ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1980 - $1982 SL $1977 Scalping TP1: $1985 TP2: $1988 TP3: $1991 🔥BUY GOLD zone: $1968 - $1970 SL $1960 TP1: $1980 TP2: $1988 TP3: $1995 🔥SELL GOLD zone: $1994 - $1997 SL $2001 TP1: $1988 TP2: $1975 TP3: $1968 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
5