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Shortxauusd

PPI good for USD - Gold falls ! today⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices bounce back even as the US Dollar consolidates on Tuesday. However, the rise could be restrained as investors anticipate key US inflation data. Continued high US rates have pressured gold prices recently, but increasing Middle East tensions may temporarily support them. ⭐️ Personal comments NOVA: Gold price is still recovering - however today's PPI data is likely to support the dollar - Gold is under selling pressure ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2308 - $2306 SL $2300 TP1: $2315 TP2: $2322 TP3: $2330 🔥SELL GOLD zone: $2376 - $2378 SL $2383 TP1: $2370 TP2: $2360 TP3: $2350 ⭐️ 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 continues to have selling pressure - DOWN✍️ NOVA hello everyone, Let's comment on gold price next week from 5/6 - 5/11/2024 🔥 World situation: Gold's initial gains were wiped out on Friday due to disappointing Nonfarm Payrolls data from the US Bureau of Labor Statistics, indicating a slower jobs market. Despite briefly nearing a daily high of $2,310, it didn't surpass May 2’s high of $2,326 and retreated to current spot prices. The XAU/USD remains stable at around $2,300. Optimism on Wall Street diminishes the appeal of gold as a safe-haven asset. Notably, US Treasury yields and real yields are declining, affecting gold prices inversely. 🔥 Identify: During Gold's correction - there is a lot of selling pressure. The Fed's interest rate is not too surprising. There will not be much fluctuation this week, mainly sideways in the DOWN trend 🔥 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: $2347, $2400 Support : $2272, $2237, $2205 🔥 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
Gold price continues to adjust !! XAU decrease⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is facing difficulties in taking advantage of the rebound it experienced from the support level of the 100-hour Simple Moving Average (SMA) around the $2,166-2,165 range. Instead, it is declining during the Asian session on Friday. Despite the Federal Reserve's (Fed) policy update on Wednesday, investors are shifting their focus away from it as the US Dollar (USD) has shown a strong comeback due to optimism surrounding the growth of the US economy. This, coupled with the higher yields of US Treasury bonds and the prevailing risk-on sentiment, are the main factors causing downward pressure on the safe-haven precious metal. ⭐️ Personal comments NOVA: Gold price after creating a new peak at $2222, decreased immediately then returned to the $2170 area. Currently, economic data is still supporting the dollar Information, FED keeping interest rates unchanged and world political tensions are still the driving force for Gold prices to increase in the near future. The DOWN correction is likely to continue today ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2147 - $2145 SL $2140 TP1: $2155 TP2: $2162 TP3: $2170 🔥SELL GOLD zone: $2193 - $2195 SL $2200 TP1: $2185 TP2: $2170 TP3: $2160 🔥SELL GOLD zone: $2188 - $2186 SL $2191 scalping TP1: $2184 TP2: $2180 TP3: $2170 ⭐️ 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
NF - expect a DOWN correction FRIDAY⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold, which had been rising since February 28, dropped close to $2,160 per ounce during Asian trading on Friday. Market expectations of a potential interest rate cut by the Federal Reserve in June have been supporting the price of gold. Fed Chair Jerome Powell's comments during his testimony before Congress further reinforced speculation about rate cuts. ⭐️ Personal comments NOVA: A week that witnessed record high prices for Gold. A sudden price increase cannot avoid a DOWN correction. NF expects a downward adjustment for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2100 - $2102 SL $2096 TP1: $2110 TP2: $2120 TP3: $2130 🔥SELL GOLD zone: $2178 - $2180 SL $2185 TP1: $2170 TP2: $2160 TP3: $2150 ⭐️ 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
Gold price dropped sharply below $2000, strong selling pressure⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) has fallen below the psychological level of $2,000 during the early Asian session on Wednesday. The stronger inflation data in the United States has caused some selling pressure on gold, as it reduces expectations of an early interest rate cut. Currently, the price of gold is trading around $1,992, remaining unchanged 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 trading near 104.85 after reaching a three-month high of 105.00. The US Treasury yields have increased, with the 10-year yield at 4.32% and the 2-year rate surging to 4.654%, marking the largest one-day increase since May 5, 2023. ⭐️ Personal comments NOVA: After yesterday's CPI news, Gold price dropped sharply, below $2000. Selling pressure is still very large, waiting for the recovery and SELL watch to continue for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1980 - $1978 SL $1973 TP1: $1988 TP2: $1994 TP3: $2000 Pay attention to the $2005 resistance area 🔥SELL GOLD zone: $2013 - $2015 SL $2020 TP1: $2005 TP2: $1997 TP3: $1990 ⭐️ 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
9
Gold DOWN with CPI news today !! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is experiencing a decline for the fifth consecutive day during the early Asian trading session on Tuesday. The ongoing narrative of the US Federal Reserve (Fed) advocating for a prolonged period of higher interest rates is exerting downward pressure on the non-yielding yellow metal. Investors are eagerly awaiting the release of crucial US inflation data, as it may offer insights into the Fed's future decisions regarding interest rates. Currently, the price of gold is hovering around $2,018, reflecting a decrease of 0.06% for the day. Meanwhile, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major world currencies, remains stable at approximately 104.12. The yields on US Treasury bonds are slightly increasing, with the 10-year yield currently standing at 4.17%. ⭐️ Personal comments NOVA: Gold prices tend to continue DOWN during the Monday trading session, it is expected that the price will continue in the downtrend and can approach the price range of $2005. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1995 - $1997 SL $1990 TP1: $2000 TP2: $2005 TP3: $2010 Pay attention to 2 support zones: scalping BUY $2015 and BUY $2005 🔥SELL GOLD zone: $2028 - $2030 SL $2035 TP1: $2024 TP2: $2020 TP3: $2015 ⭐️ 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
Expect a slight decrease at the end of the week!! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is consolidating within a narrow range around the $2035 region per troy ounce during the early trading hours in Asia on Friday. At the same time, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is recovering and surpassing the 104.00 mark. The yields on US Treasury bonds are also rising, with the 10-year yield currently at 4.16%. A decrease in the number of initial jobless claims in the US highlights the resilience of the economy and could potentially lead the Federal Reserve (Fed) to hold off on cutting interest rates in the near future. According to data released by the US Department of Labor on Thursday, the number of weekly initial jobless claims dropped to 218K for the week ending February 3, down from 227K in the previous week. This figure was slightly higher than the market consensus of 220K. Additionally, continuing claims decreased by 23K to 1.891M for the week ending January 27. ⭐️ Personal comments NOVA: Gold prices continue to show stability, buyers and sellers have great competition at this price range. Continued sideways large range $2010-$2040 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2015 - $2017 SL 2010 TP1: $2025 TP2: $2032 TP3: $2040 🔥SELL GOLD zone: $2048 - $2050 SL $2055 TP1: $2040 TP2: $2030 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
3
Gold price adjusted DOWN !! XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian trading session on Tuesday, the price of gold (XAU/USD) is observed to be fluctuating within a narrow range. It is consolidating after experiencing losses and reaching a one-week low around the $2,015 mark on the previous day. While there is a slight decrease in global risk sentiment, which provides some support to the safe-haven precious metal, the bullish US Dollar (USD) and expectations that the Federal Reserve (Fed) may not reduce interest rates as much as initially anticipated act as obstacles. The latest macroeconomic data from the United States continues to indicate a resilient economy, giving the Fed more room to maintain higher interest rates for a longer period. Furthermore, hawkish remarks made by several Fed officials, including Fed Chair Jerome Powell, have prompted investors to revise their expectations for a more aggressive policy easing in 2024. This shift in sentiment has contributed to the recent significant increase in US Treasury bond yields, which will likely bolster the US Dollar and limit any gains for the price of gold. ⭐️ Personal comments NOVA: Adjustment cycle DOWN, sideway after the news that the FED will not lower interest rates in March 2024 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2000 - $2002 SL $1995 TP1: $2010 TP2: $2020 TP3: $2030 🔥SELL GOLD zone: $2034 - $2036 SL $2042 TP1: $2025 TP2: $2016 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
4
Gold price is recovering, this week ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is unable to take advantage of the previous day's strength above the 50-day Simple Moving Average (SMA). Instead, it is moving within a narrow trading range during the Asian session on Tuesday. Despite remaining below the $2,040-2,042 supply zone, the precious metal is still within a familiar trading range as traders await more clarity on when the Federal Reserve (Fed) will begin cutting interest rates before making any new bets. As a result, all eyes will be on the outcome of the highly-anticipated two-day FOMC monetary policy meeting scheduled to be announced on Wednesday. As investors prepare for the significant risk associated with the central bank event, they are reducing their expectations for a more aggressive Fed policy easing in 2024 due to the resilience of the US economy. This is seen as a major obstacle for the non-yielding gold price. However, declining US Treasury bond yields are providing some support. Additionally, the escalating crisis in the Middle East is expected to limit the downside for gold as it serves as a safe-haven asset. Traders are now focusing on the Prelim GDP data from the Eurozone and the US macro data, including the Conference Board's Consumer Confidence Index and JOLTS Job data. ⭐️ Personal comments NOVA: Gold price increased before federal and NF interest rate information this week, expectations of recovery this week are very high ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2012 - $2010 SL $2005 TP1: $2020 TP2: $2028 TP3: $2038 Note the Scalping BUY support zone 2022-2024 🔥SELL GOLD zone: $2048 - $2050 SL $2055 TP1: $2044 TP2: $2038 TP3: $2030 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
10
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'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
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
Has the Gold price finished adjusting DOWN yet?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Despite the early Asian session rebound of the US Dollar (USD), the price of gold (XAU/USD) remains in positive territory. The demand for the Greenback has been strengthened by the better-than-anticipated US labor data from Friday. However, the upcoming inflation data for this week will hold significant importance. Currently, the gold price is trading at $2,045, registering a 0.06% gain for the day. ⭐️ Personal comments NOVA: At the end of last week's trading session, Gold prices had a certain recovery. But NOVA thinks Gold's DOWN correction has not ended, selling pressure is still there ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2030 - $2032 SL $2024 TP1: $2038 TP2: $2045 TP3: $2058 🔥SELL GOLD zone: $2058 - $2056 SL $2065 TP1: $2050 TP2: $2042 TP3: $2032 ⭐️ 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
Adjusted to decrease in early 2024 !! XAU✍️ NOVA hello everyone, Let's comment on gold price next week from 1/2 - 1/5/2024 🔥 World situation: A very successful end to 2023 for Gold. In the first week of 2024, there will be some important news that directly affects the price of Gold such as: PMI, ADP Non-Farm, Unemployment Claims, Average Hourly Earnings m/m,... The price model is creating a slight downward correction 🔥 Identify: Wait for a downward adjustment to balance the market and continue the long-term UP trend 🔥 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. The support zones identified according to FIBONACCY are defined as: Resistance: $2090 Support : $2052, $2031 🔥 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
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
Slight adjust today, still in an uptrend⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is attracting buyers and has surpassed the $2,000 mark in the early hours of Asian trading on Wednesday. This increase in demand for the precious metal is driven by the decline in US Treasury bond yields and the weakening of the US dollar (USD). According to the minutes of the November Federal Open Market Committee (FOMC) meeting, all participants agreed that policy decisions would continue to be based on the complete set of incoming information. They also deemed it appropriate to maintain the target interest rate within the range of 5.25% to 5.5%. ⭐️ Personal comments NOVA: After yesterday's strong price increase, surpassing the 2000 mark. Prices will tend to adjust slightly to gain liquidity before continuing to a new peak this year. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1980 - $1982 SL $1975 TP1: $1990 TP2: $2000 TP3: $2010 🔥SELL GOLD zone: $2015 - $2017 SL $2023 TP1: $2008 TP2: $2000 TP3: $1990 ⭐️ 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
26/6 GOLD? limited upside potentialThe US Dollar has seen some modest strength, which is helping to limit the rise of the XAU/USD. In addition, Federal Reserve Chair Jerome Powell, during his recent testimony, emphasized that the central bank plans to raise interest rates gradually to combat high inflation. Powell also stated that rate cuts are not expected in the near future and that the Fed will wait until they are confident that inflation is moving towards the target of 2%. As a result, US Treasury bond yields have increased, providing some support for the US Dollar and potentially keeping the price of Gold in USD from rising significantly. Gold price today is fluctuating around the $1920 mark. The price range is not high SELL zone : $1930 - $1935 SL 1945 Using 2 moving averages EMA 34, EMA 89 parallel to the stiff resistance areas at $1930 - $1935 and $1954 - $1957
TVC:GOLDShort
by DNA_TradingFX
22
GOLD 22/6 $ prices stabilized after the Fed newsGold prices remained relatively unchanged on Thursday, but were still recovering from four consecutive days of decline. The market was cautious due to the uncertainty surrounding the Federal Reserve's upcoming decision on interest rates, which affected traders' confidence in the precious metal. Yesterday, bullion prices briefly dropped to their lowest point in three months, breaking a period of stability. This occurred after Jerome Powell, the Chair of the Federal Reserve, testified before the House Financial Services Committee of Congress, suggesting that interest rates may need to be increased in order to control inflation. Gold price on June 22, 2023 fluctuated at $ 1932, narrow band sideways continuation $1915 - $1957 Consider entering orders today: SELL zone: $1947 - $1950, sl $1960 Based on technical analysis indicators EMA 34, EMA 89 combines with a strong resistance at $1950 area
TVC:GOLDShort
by DNA_TradingFX
13
GOLD 21/6!! A slight recovery after the fallThe price of gold (XAU/USD) remains at a low point for the week, recovering from a three-day decline near $1,937. Investors are getting ready for an important event this week, which is the bi-annual testimony of Fed Chair Jerome Powell. It's important to mention that negative news about China, along with the Federal Reserve's hawkish stance and positive data from the United States, are keeping the bears in the XAU/USD market optimistic. Expect a slight recovery of the downtrend on June 20. But the downtrend is still dominant Can SELL price range $1946-$1950, SL 1960 Based on 2 technical indicators EMA 34, EMA 89 combined with the MACD, it shows that the 9 EMA crosses the upward signal line, showing divergence.
TVC:GOLDShort
by DNA_TradingFX
18