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Shortxauusd

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
OANDA:XAUUSDShort
by Nova-Scalper
5
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
OANDA:XAUUSDShort
by Nova-Scalper
3
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
OANDA:XAUUSDShort
by Nova-Scalper
3
NF - Will gold prices continue to fall?⭐️GOLDEN INFORMATION: Gold price (XAU/USD) finds it difficult to build on Thursday’s late recovery from the $3,054 region—its lowest level in a week—and comes under renewed selling pressure during Friday’s Asian session. The metal has dipped back below the $3,100 threshold in recent trading; however, the broader market backdrop still suggests caution is warranted before anticipating any significant correction from the record high reached just a day earlier. ⭐️Personal comments NOVA: Waiting for gold price to react to decrease at trendline H1, still a downward trend, fear of trade crisis, world economy ⭐️SET UP GOLD PRICE: 🔥 SELL 3134 - 3136 SL 3141 TP1: $3125 TP2: $3110 TP3: $3090 🔥BUY GOLD zone: $3033 - $3035 SL $3028 TP1: $3045 TP2: $3060 TP3: $3075 ⭐️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
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
OANDA:XAUUSDShort
by Nova-Scalper
7
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
OANDA:XAUUSDShort
by Nova-Scalper
1
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
OANDA:XAUUSDShort
by Nova-Scalper
2
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
OANDA:XAUUSDShort
by Nova-Scalper
2
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
OANDA:XAUUSDShort
by Nova-Scalper
2
trend towards 2845, trend continues to strengthen! gold ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) declines for the second consecutive day, hitting a two-week low around $2,860 during Friday's Asian session. The US Dollar (USD) continues its recovery for the third straight day, supported by expectations that the Federal Reserve (Fed) will maintain its hawkish stance due to persistent inflation. This strengthens the USD and weighs on the non-yielding gold. ⭐️ Personal comments NOVA: The gold price adjustment is mandatory, along with the influence of the world financial sectors, selling off at the same time. The trade war is very close, gold is also negatively affected by investors. ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2891 - $2893 SL $2898 TP1: $2885 TP2: $2878 TP3: $2870 🔥 BUY GOLD zone: $2846 - $2844 SL $2839 TP1: $2852 TP2: $2860 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
OANDA:XAUUSDShort
by Nova-Scalper
2
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
OANDA:XAUUSDShort
by Nova-Scalper
1
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
OANDA:XAUUSDShort
by Nova-Scalper
1
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
OANDA:XAUUSDShort
by Nova-Scalper
2
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
OANDA:XAUUSDShort
by Nova-Scalper
5
Attempt to find ATH again for the 3rd time - gold price down⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: US real yields, which move inversely to gold prices, rose 4.5 basis points to 2.086%, putting pressure on bullion. Fed Governor Christopher Waller expects President Donald Trump's new trade restrictions to have only a minor effect on prices. Meanwhile, Philadelphia Fed President Patrick Harker reiterated his support for steady interest rates, noting that inflation remains high and persistent. ⭐️ Personal comments NOVA: Gold returns to ATH 294x zone, 3rd attempt to create ATH but will continue to decrease, need more tax news in the near future ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2942 - $2944 SL $2949 TP1: $2935 TP2: $2920 TP3: $2910 🔥 BUY GOLD zone: $2901 - $2899 SL $2894 TP1: $2906 TP2: $2915 TP3: $2925 ⭐️ 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
6
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
OANDA:XAUUSDShort
by Nova-Scalper
10
Gold continues to maintain sideways below 294x, accumulating⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues to climb during Friday’s Asian session, supported by concerns over US President Donald Trump’s tariff plans and a drop in US bond yields. However, expectations that the Federal Reserve (Fed) will maintain its hawkish stance and keep interest rates high could limit further gains for the non-yielding metal. Traders are now focused on the upcoming US Retail Sales data for January, set to be released later in the day. ⭐️ Personal comments NOVA: The uptrend is still going on, however profit-taking selling pressure still exists around 294x, gold will still accumulate around 2900 or more. ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2942 - $2944 SL $2949 TP1: $2935 TP2: $2927 TP3: $2920 🔥 BUY GOLD zone: $2903 - $2905 SL $2898 TP1: $2912 TP2: $2920 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
OANDA:XAUUSDLong
by Nova-Scalper
6
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
OANDA:XAUUSDShort
by Nova-Scalper
1
Gold finds ATH price zone above 2880, sideways above 2835⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The People's Bank of China (PBOC) increased its gold reserves for the third consecutive month in January, supporting gold prices as China remains the world’s largest gold consumer. Reserves rose to 73.45 million fine troy ounces, up from 73.29 million in December. Economist David Qu from Bloomberg Economics noted that the PBOC is likely to continue diversifying its reserves amid growing geopolitical uncertainty. Meanwhile, US labor market data released on Friday indicated continued strength, which could delay Federal Reserve (Fed) rate cuts. The US added 143,000 jobs in January, below the expected 170,000, while the unemployment rate edged down to 4.0% from 4.1%. As a result, traders now anticipate only one Fed rate cut this year, potentially boosting the US Dollar and pressuring gold prices. ⭐️ Personal comments NOVA: Gold accumulates in a good growth price zone, around 2880 and adjusts sideways at the beginning of the week. ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2884 - $2886 SL $2891 TP1: $2878 TP2: $2870 TP3: $2860 🔥 BUY GOLD zone: $2852 - $2854 SL $2849 Scalping TP1: $2858 TP2: $2863 TP3: $2870 🔥 BUY GOLD zone: $2831 - $2833 SL $2826 TP1: $2840 TP2: $2850 TP3: $2860 ⭐️ 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
2
NF - Will the BIG SELL happen or not?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: China has imposed tariffs on select US goods in response to President Trump’s 10% levy on Chinese imports, escalating trade tensions between the world’s two largest economies and reinforcing demand for safe-haven gold. On the economic front, the US Department of Labor (DoL) reported that initial jobless claims rose to 219K for the week ending February 1, up from the previous week’s revised 208K. Meanwhile, US Treasury Secretary Scott Bessent stated that the Trump administration is less concerned about the Federal Reserve’s rate path and is instead focused on lowering 10-year Treasury yields. ⭐️ Personal comments NOVA: The market is too expecting a price increase - big FOMO will have high risks. NF news will shock the market today, BIG SELL will happen ⭐️ SET UP GOLD PRICE: 🔥 BUY GOLD zone: $2851 - $2949 SL $2845 scalping TP1: $2855 TP2: $2860 TP3: $2865 🔥 BUY GOLD zone: $2813 - $2811 SL $2806 TP1: $2820 TP2: $2828 TP3: $2835 ⭐️ 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
SCALPING ! GOLD ! Gold sideways - selling pressure pushes price ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: US President Donald Trump directed his administration to implement emergency 25% tariffs on Colombian imports. However, the tariffs were paused after Colombia agreed to fully accept all illegal migrants returned from the US. On Tuesday, Trump announced plans to impose tariffs on pharmaceutical and computer chip manufacturers, along with upcoming measures targeting aluminum and copper industries, with potential consideration for steel and other sectors. These actions reignited concerns over Trump's protectionist policies, raising fears of inflation. As a result, the yield on the 10-year US Treasury bond rebounded from a one-month low, strengthening the US Dollar and pressuring Gold prices. ⭐️Personal comments NOVA: Price is currently sideways - sellers have more advantage. Wait for SIDEWAY price zone, entry SELL 2745 ⭐️SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2744 - $2746 SL $2749 TP1: $2740 TP2: $2735 TP3: $2730 ⭐️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
2
Gold falls on inauguration day of TRUMP⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Last week's softer-than-expected US inflation data could support Gold prices by fueling speculation of more than one rate cut by the Federal Reserve (Fed). Traders are now looking ahead to President-elect Trump's inauguration on Monday for insights into the executive orders he plans to issue. "Uncertainty surrounding the policies President Trump will implement has been one of the factors supporting Gold," noted David Meger, Director of Metals Trading at High Ridge Futures. Moreover, ongoing geopolitical tensions in the Middle East and the Russia-Ukraine conflict continue to drive safe-haven demand for Gold. According to The Guardian, the Russian military captured two additional settlements in eastern Ukraine's Donetsk region on Saturday, marking the latest progress in its westward advance. ⭐️Personal comments NOVA: Gold short term down around 2700 area, sideways and waiting for new economic policies of the trump administration ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2678 - $2676 SL $2671 TP1: $2685 TP2: $2693 TP3: $2700 🔥SELL GOLD zone: $2716 - $2718 SL $2723 TP1: $2710 TP2: $2700 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
2
Correction Warning for Gold - Back Below 2700⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Initial Jobless Claims for the week ending January 10 increased to 217K, up from 201K the prior week and falling short of the 210K forecast. Recent inflation data and comments from Fed Governor Waller weighed on the US Dollar, as traders grew optimistic about an earlier rate cut. Waller suggested a rate reduction could be considered in the March meeting, noting that inflation is nearing the Fed's 2% target. Meanwhile, Chicago Fed President Austan Goolsbee expressed confidence in the labor market's stabilization during an interview with The Wall Street Journal. ⭐️Personal comments NOVA: Gold has completed its recovery to 2724, and the large sellers in this area will push the price back below 2700 before consolidating and rising again. This is consistent with the market awaiting the inauguration of President TRUMP. ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2688 - $2686 SL $2681 TP1: $2695 TP2: $2702 TP3: $2710 🔥SELL GOLD zone: $2723 - $2725 SL $2728 Scalping TP1: $2718 TP2: $2713 TP3: $2705 🔥SELL GOLD zone: $2732 - $2734 SL $2739 TP1: $2725 TP2: $2710 TP3: $2700 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
1