Shorttrade
Gold price continues sideways waiting for tomorrow's CPI⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) struggled to build on Monday's gains and edged lower during Tuesday's Asian session, weighed down by continued US Dollar strength. After Friday's mixed jobs report, investors reduced expectations of a larger Fed rate cut in September, boosting the USD and pressuring gold.
Additionally, a positive sentiment in equity markets further dampened demand for the safe-haven metal. XAU/USD remains within a multi-week trading range as investors await more clarity on the Fed’s rate decision. Focus now shifts to US inflation data due Wednesday, with the potential rate-cut prospects limiting aggressive bearish positions on gold.
⭐️ Personal comments NOVA:
There was no important news on Tuesday, Gold prices continued sideways in the price range of 2480-2520 waiting for important data of the week: CPI, PPI,...
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2486 - $2484 SL $2479
TP1: $2495
TP2: $2505
TP3: $2520
🔥SELL GOLD zone: $2519 - $2521 SL $2526
TP1: $2510
TP2: $2500
TP3: $2490
⭐️ 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
SHORT US30 HAS BEEN PREPAREDTeam, we have been prepare to SHORT US30/DOW at the current market price
Why do we enter the short before the CPI. It a good psychology that the market would expect poor data come out base on last Friday sell off. Similar market expectation.
Short position at 40725-15 , with stop loss at 40779.80
Target at 40592.70
AUS200 - This is what I expect the trend for todayWe have review the market for the AUS200, but we are expecting further downtrend base on the chart which we have set up for AUS200.
PLEASE NOTE: We are not enter this trade today.
We would consider short at 8012.60, with stop loss either at 8030.40 or 8062.7
target would be 7973.60
and target 2 at 7941.50
Trendline H1 ! Set up SELL, test support⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
GBPAUD today will have notable GBP news, affecting current prices. Trade with today's news data
⭐️ SET UP GBPAUD PRICE:
🔥SELL zone: 1.96300 - 1.96500 NOW SL 1.96800
TP1: 1.96000
TP2: 1.95500
TP3: 1.94000
⭐️ Technical analysis:
Trendline H1 , test support and NEWS GBP TODAY
⭐️ 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 continues to go sideways - adjusting downward⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) reversed course from near-record highs and dropped below the $2,500 level after Friday's US jobs report. The mixed data lowered expectations of a 50 basis point rate cut by the Fed, leading to some US Dollar recovery and putting pressure on gold.
However, fears of a US economic downturn and ongoing conflict between Israel and Hamas kept demand for safe-haven assets like gold steady. These factors, along with the potential start of the Fed’s rate-cutting cycle, caution against a bearish outlook for XAU/USD.
⭐️ Personal comments NOVA:
Gold price adjusts to a short-term decrease - creating more liquidity for the expectation of price increase to create a new ATH
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2472 - $2470 SL $2465
TP1: $2480
TP2: $2490
TP3: $2500
🔥SELL GOLD zone: $2505 - $2507 SL $2512
TP1: $2498
TP2: $2490
TP3: $2480
⭐️ 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
XAU / USD ! 9/9 ! SIDEWAY continue to decreaseXAU / USD trend forecast September 9, 2024
According to the data, Fed interest rate probabilities fluctuated sharply. Based on CME FedWatch Tool data, at some point, traders priced a 50 bps cut with odds rising as high as 70%. Nevertheless, as the dust settled, market participants estimated that a 25 bps cut was more likely as the chances of it rose by 73%, while for a 50 bps cut they decreased to 27%.
In the meantime, Fed policymakers crossed the newswire. New York Fed President John Williams said that lowering rates soon will help to keep the labor market balanced. Fed Governor Christopher Waller echoed some of his comments at a speech at the University of Notre Dame. He said, “The time has come” to begin easing policy and revealed that he was open to any size of easing.
Based on H2, resistance and EMA 200 line to set up SELL signal
/// SELL XAU : zone 2505-2507
SL: 2513
TP: 50 - 150 - 200 pips (2487)
Safe and profitable trading
BHARAT ELECTRONICS in my Watchlist! Big Short Setup FormingBHARAT ELECTRONICS in my Watchlist! Big Short Setup Forming
The last long trade from 12 April, 2023 is at its reversal point giving us a 170 gains in 518 days.
If today's 1D candle turns red, this could be a good short entry for long term traders and swing traders in 1D time frame.
I will update this trade post 3:30 if this candle turns red and confirms a Short trade.
Let's see how it goes from here.
DYOR before following other's trades blindly.
According To The "13 EMA" Zoom Is Down Trending Am trying to grow a garden
But am not sure of selling vegetables
To the local market is profitable.
Maybe if I calculate my expenses well including taxes,then this will build my confidence to sell vegetables one day.
This stock NASDAQ:ZM is down trending using the "13 EMA" system you can clearly see this.
As it drops after a major rally.
According to the Breaking News⚡ right Here on TradingView
One of the officers of the company wants to resign or something like that.
This is negative news which may cause this stock to plumet!! Down.
👉 Because it's in a down trend
👉 Because the Breaking News is negative
👉 Because it's after rally that's when you sell.
You should get ready for a market crash ⬇️🧟
To learn more 🚀 Boost this content
Thank you for reading.
⚠️ Warning: Trading is risky because of this you will lose money wether you like it or not please Learn risk management and profit taking strategies.
NF September! Opportunities or challenges for XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) are struggling to build on their recent recovery, hovering in a narrow range below the $2,525 mark during Friday's Asian session. Traders are cautious, awaiting the key US Nonfarm Payrolls (NFP) report. Meanwhile, expectations of a larger Fed rate cut later this month keep the US Dollar in check, supporting gold.
Mixed US employment data this week has raised concerns about the weakening labor market, further fueling demand for the safe-haven metal amid ongoing geopolitical tensions. As a result, gold is poised for a potential breakout and modest weekly gains, with its upside prospects looking favorable.
⭐️ Personal comments NOVA:
There will still be a bearish VIEW for XAU, before the news of FED's interest rate reduction. Today's NF is also expected to be good for the dollar
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2499 - $2497 SL $2494 scalping
TP1: $2503
TP2: $2508
TP3: $2515
🔥BUY GOLD zone: $2450 - $2452 SL $2445
TP1: $2460
TP2: $2470
TP3: $2480
🔥SELL GOLD zone: $2529 - $2532 SL $2536
TP1: $2520
TP2: $2510
TP3: $2500
⭐️ 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
XAU ! NF ! decision for the market to fall sharplyXAU / USD trend forecast September 6, 2024
The ADP National Employment Report released Thursday showed that US private-sector jobs increased by 99,000 in August, the smallest rise since January 2021, missing the forecast of 145,000. July’s figure was also revised down to 111,000 from 122,000. Additionally, job openings fell to 7.673 million in July, a three-and-a-half-year low, indicating a weakening labor market.
Sideway below 2500 is a good signal for Gold in the near future, waiting for interest rate cut in September 2024
Based on H4, resistance and EMA 200 line to set up SELL signal
/// SELL XAU : zone 2528-2531
SL: 2536
TP: 50 - 150 - 300 pips (2501)
Safe and profitable trading
XAU decreased! PMI ! Important data today⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices edged higher during the Asian session on Thursday, building on their rebound from near two-week lows around $2,472. A US labor market report on Wednesday showed job openings dropping to a three-and-a-half-year low, fueling speculation of a larger Fed rate cut in September, which supports the non-yielding metal. Concerns about the US economy also drive investors toward safe-haven assets like gold.
However, strong buying momentum is lacking as traders remain cautious ahead of Friday’s key Nonfarm Payrolls (NFP) report. Thursday’s ADP employment report, Weekly Jobless Claims, and ISM Services PMI may offer short-term opportunities, but expectations for upcoming Fed rate cuts continue to support gold prices.
⭐️ Personal comments NOVA:
The financial market was shaken by the news that the FED lowered interest rates in September, fearing an economic recession. Gold also found it difficult to avoid the general sentiment, continuing to reduce and adjust more strongly.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2472 - $2470 SL $2467 scalping
TP1: $2478
TP2: $2483
TP3: $2490
🔥BUY GOLD zone: $2451 - $2453 SL $2446
TP1: $2460
TP2: $2470
TP3: $2480
🔥SELL GOLD zone: $2506 - $2508 SL $2513
TP1: $2495
TP2: $2480
TP3: $2460
⭐️ 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
ETH Analysis 2024/09/06
BINANCE:ETHUSDT
Notice: The points are only valid from 2024/09/06 to 2024/09/26
What we have now?
1.The key support and resistances level:
2820
2600
2400
2305
2110
What should we do?
1. For Future traders
Open the long position when the price fails to break through the lower support level
TP when the price is close to upper resistance level or TP 50% of your position first, the other 50% for a huge breakout.
SL when the price break through the lower support level and -5% ROI of your asset
Open the short position when the price fails to break through the upper resistance level
TP when the price is close to lower support level or TP 50% of your position first, the other 50% for a huge breakout.
SL when the price break through the upper resistance level and -5% ROI of your asset
When should we close the positions?
8 hours trend is much easier to catch than 24 hours trend, better close it as long as it reach to the support and resistance level.
2. Spot trader
The approach of spot traders is similar to the one mentioned above.
3. Holder
Forget everything I said.
Always put a Stop Loss for your positions!! Trade safe!
Gold price tends to decrease - sellers try to prevail⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices rebounded from multi-day lows on Wednesday but stayed under the $2,500 mark as the US Dollar gained strength. Despite this, ongoing geopolitical tensions and expected Fed rate cuts could support gold in the near term.
Later in the day, the release of JOLTS Job Openings and the Fed's Beige Book will be closely watched. Investors are eagerly awaiting Friday's US August Nonfarm Payrolls report, which could influence the Fed's rate decisions in September. A weaker-than-expected report might heighten recession fears and prompt faster rate cuts, potentially boosting gold further as lower rates make it more attractive.
⭐️ Personal comments NOVA:
Gold broke 2500, fell back to 2470 after yesterday's PMI news, moving in the short-term H1 downtrend.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2462 - $2460 SL $2455
TP1: $2470
TP2: $2480
TP3: $2490
🔥SELL GOLD zone: $2505 - $2507 SL $2510 scalping
TP1: $2500
TP2: $2495
TP3: $2490
🔥SELL GOLD zone: $2513 - $2515 SL $2520
TP1: $2500
TP2: $2485
TP3: $2470
⭐️ 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
$2500 large accumulation price zone! XAU decrease⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) slipped on Tuesday due to a stronger US Dollar and rising US Treasury yields. However, expectations that the Federal Reserve might cut interest rates in September could support gold, as lower rates reduce the cost of holding non-yielding assets. Additionally, ongoing geopolitical tensions in the Middle East may boost demand for safe-haven assets like gold.
Looking ahead, the ISM Manufacturing PMI is set to be released on Tuesday, and the key focus will be on the US Nonfarm Payrolls (NFP) report for August, which could influence the Fed's rate decision and impact gold prices in the near term.
⭐️ Personal comments NOVA:
Gold prices enter September with high expectations for volatility and new price increases. Correction to reach new ATH continues this year
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2472 - $2470 SL $2465
TP1: $2480
TP2: $2495
TP3: $2510
🔥SELL GOLD zone: $2509 - $2511 SL $2514 scalping
TP1: $2504
TP2: $2498
TP3: $2490
🔥SELL GOLD zone: $2527 - $2529 SL $2534
TP1: $2520
TP2: $2510
TP3: $2500
⭐️ 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
Short on EUR/USD – 30-Minute Timeframe We’re taking a short position on EUR/USD on the 30-minute timeframe, driven by the strength of the U.S. dollar. The recent price action indicates a continuation of the downtrend, providing an opportunity to capitalize on the bearish momentum.
Key Levels:
• Entry: Initiated after confirming the strong dollar trend and the break of key support levels on the chart.
• Target: Aiming for lower support zones as indicated on the chart, where price may find temporary relief or consolidation.
• Stop-Loss: Placed above the recent high to manage risk and protect against a potential reversal.
Rationale:
The U.S. dollar continues to show strength, applying pressure on the euro. This trade is aligned with the broader market trend, which favors further downside for the EUR/USD pair. The technical setup, supported by the prevailing macroeconomic factors, suggests that the downtrend is likely to persist in the near term.
Risk Management:
To manage risk effectively, the stop-loss is set above the recent high, ensuring that potential losses are limited while allowing for the possibility of continued downward movement. Monitor the trade closely and adjust as needed based on market developments.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Gold falls below 2500 !! XAU ! 9/2/24XAU / USD trend forecast September 2, 2024
Protests erupted across Israel after the military recovered the bodies of six hostages allegedly killed by Hamas in Gaza. Israel's largest labor union has called for a nationwide strike, threatening to shut down the entire economy on Monday. Meanwhile, China's NBS Manufacturing PMI dropped to 49.1 in August from 49.54 in July, missing expectations of 49.5, while Non-Manufacturing PMI improved slightly to 50.3 from 50.2, surpassing forecasts of 50.0. In the US, the PCE Price Index increased by 2.5% year-over-year in July, slightly below market expectations of 2.6%.
Sideway below 2500 is a good signal for Gold in the near future, waiting for interest rate cut in September 2024
Based on M30, resistance and EMA 200 line to set up SELL signal
/// SELL XAU : zone 2508-2510
SL: 2516
TP: 50 - 150 - 300 pips (2480)
Safe and profitable trading
September , XAU/USD price correction , ZONE 2500⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) continued to drop on Monday, falling below the $2,500 mark as a stronger US Dollar, following July's Personal Consumption Expenditures (PCE) Index, pressured the metal. Additionally, concerns over China's sluggish economy, the world’s largest gold buyer, added to the decline.
However, expectations of an interest rate cut by the US Federal Reserve (Fed) in September could help limit Gold’s losses, as lower rates reduce the opportunity cost of holding non-yielding assets like gold. Looking ahead, key US economic data are due this week, including the ISM Manufacturing PMI on Tuesday, the Services PMI on Thursday, and employment data on Friday, which includes Nonfarm Payrolls (NFP), the Unemployment Rate, and Average Hourly Earnings for August.
⭐️ Personal comments NOVA:
Gold price has a slight decrease adjustment in early September 2024, but is still within the sideway price range of 2480 - 2530, accumulating for the Uptrend.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2483 - $2485 SL $2478
TP1: $2492
TP2: $2500
TP3: $2510
🔥SELL GOLD zone: $2509 - $2511 SL $2516
TP1: $2500
TP2: $2490
TP3: $2482
⭐️ 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
NMDC Downside Target 220, 210, 200NMDC may see a decline in the upcoming few sessions, the stock is currently in a downtrend and has been rejected by a strong resistance on the daily chart where an inverted hammer candle has formed indicating weakness in the stock. 220 is a strong support in the stock, if the stock breaks this support, then the stock can also see 210 to 200 levels.