XAU ! Scalping , trade under 2700 ! The bears will prevailSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
US President-elect Donald Trump's promise to impose tariffs on imports from Canada, Mexico, and China sparked renewed safe-haven demand for Gold.
Meanwhile, Ukraine reported its largest Russian drone attack to date, alongside reports of Russia using a hypersonic missile last week and advancing at its quickest pace since the 2022 invasion. Allegations of North Korean troops being deployed in Ukraine further complicate the situation, while Ukraine's strikes on deep Russian targets using Western-supplied missiles increase the risk of further conflict escalation.
⭐️Personal comments NOVA:
Gold price is recovering. If it breaks through 2662, the buying force will still be strong and will wait for a stronger resistance area at 2688.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2688 - $2690 SL $2693
TP1: $2680
TP2: $2670
TP3: $2660
⭐️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
Xausell
XAU ! Nov 21 ! waiting for resistance 2674XAU / USD trend forecast November 21, 2024
Gold prices (XAU/USD) hold onto their upward momentum as the European session approaches, currently hovering near the $2,660 mark, a one-and-a-half-week high reached earlier this Thursday. This marks the fourth consecutive day of gains, driven by heightened geopolitical risks arising from the escalating Russia-Ukraine conflict, which supports demand for the safe-haven metal. Additionally, a slight weakening of the US Dollar (USD) provides further support for the commodity.
The price increase continues - gold price recovers strongly. Waiting for reaction at resistance levels: 2674 - 2682 - 2710. The price increase continues - gold price recovers strongly. Waiting for reaction at resistance levels: 2674 - 2682 - 2710. World military tension will ease from next year with more peaceful policies of President Trump.
/// SELL XAU : zone 2672-2675
SL: 2680
TP: 50 - 150 - 300pips (2645)
Safe and profitable trading
Gold sideway below 2700 - in DOWN trendSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Traders took profits on recent Trump trades, leading to a pullback in the US Dollar from a four-month high and giving a boost to Gold prices on Thursday. The USD continued to ease after the Federal Reserve cut its benchmark interest rate by 25 basis points, bringing it to a target range of 4.50%-4.75%.
⭐️Personal comments NOVA:
sideway in a bearish correction - waiting for the 2700 resistance zone to scalp SELL
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2700 - $2702 SL $2705
TP1: $2694
TP2: $2688
TP3: $2680
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Scalping ! XAU ! Trendline Recovery 2678SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The US Federal Reserve’s policy decision on Thursday is in focus, with markets widely anticipating a 25 basis point rate cut, which could support gold by lowering the opportunity cost of holding non-yielding assets.
According to the CME FedWatch Tool, there is a 98.1% chance of this quarter-point cut in November.
⭐️Personal comments NOVA:
Trendline + DOW , Gold price recovered briefly - for the upcoming decline to 2606
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2668 - $2670 SL $2673
TP1: $2665
TP2: $2662
TP3: $2658
⭐️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
You Know: This Is Comprehensive Sell Trade setupCore Analysis Method: Smart Money Concepts - 7 Dimension Analysis
This analysis provides a short-term sell setup within a larger bullish swing structure, using liquidity levels, chart patterns, and volume to determine an ideal entry point for a pullback.
😇 7 Dimension Analysis
Time Frame: H1
Swing Structure:
Bullish Structure with Break of Structure (BOS): The current structure remains bullish, with a BOS already confirmed. However, there are signs of a potential pullback.
Inducement Complete: Liquidity has been gathered in previous moves, indicating a probable short-term correction.
Current Price Zone: The price is positioned in a discounted zone, making it an attractive area for initiating a short position during this pullback.
Point of Interest (POI): Key Order Block (OB) and Fair Value Gap (FVG) areas are located around the 2724 price level, with liquidity resting here.
Pattern:
🟢 Chart Patterns:
A Rounding Top and Triple Top formation is present at the swing’s high, which could signal a reversal or the start of a Deep corrective move.
🟢 Candle Patterns:
A Double Bottom is forming, with the last candle closing as an inside bar and showing bullish support. This pattern suggests a potential short-term rally toward the FVG area before resuming a bearish correction.
Volume:
Sell-side volume is showing strength, indicating the presence of sellers and supporting a potential downside move within this pullback.
Momentum (RSI):
🟢 Momentum shows the price in a super bearish zone with signs of weakening bullish strength.
A bearish divergence is visible at the top, suggesting a decline in bullish momentum and adding weight to a probable short-term reversal.
Volatility (Bollinger Bands):
🟢 After a contraction, a squeeze breakout has been observed, with the price walking along the band. This formation often points to strong momentum, and in this case, it supports the downside breakout and potential continuation of the bearish pullback.
Strength (ROC & DMI):
Rate of Change (ROC) indicates an increasing bearish trend.
Bear DMI Line is above the 20 level, with an upward ADX curve, indicating that bearish strength is building.
Rating: ⭐⭐⭐
Probability: 60%
The overall analysis suggests a moderate confidence level, with strong indicators for a short-term bearish correction within a larger bullish swing structure.
Trade Setup:
Entry Details:
Entry Time Frame: M5
Entry TF Structure: Bearish
Point of Interest (POI): FVG
Trade Execution:
💡 Decision: Sell Limit
🚀 Entry: 2753
✋ Stop Loss: 2763
🎯 Take Profit: 2725
😊 Risk to Reward Ratio: 3.5 RR
🕛 Expected Duration: 1 Day
SUMMARY:
This setup aims to capture a bearish correction within a bullish structure on the H1 timeframe. Key reversal patterns, such as the Triple Top and bearish divergence on RSI, alongside increased sell-side volume, suggest potential for a short-term downward move. A Sell Limit order is planned around 2753, targeting a quick pullback to 2725, with a favorable risk-to-reward ratio of 3.5 RR.
FOMC ! Is this a sharp decline or correction?⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) dropped nearly 1.5% on Tuesday, reaching a three-week low but found support near the $2,600 level. The stronger US Dollar, driven by reduced expectations of a large Federal Reserve (Fed) rate cut, pressured the non-yielding gold. Additionally, news of a potential ceasefire between Hezbollah and Israel further weighed on the safe-haven metal, pushing it below $2,630.
However, the decline paused as traders await the release of the September FOMC meeting minutes on Wednesday, along with US inflation data (CPI and PPI) later this week, which will influence the Fed’s rate outlook. In the meantime, the subdued USD could help limit further losses for gold
⭐️Personal comments NOVA:
Gold price BREAK through the zone 2625 - 2671 - following a downtrend after news that the Chinese government has unfavorable policies for gold. Adjusted cadence is necessary
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2595 - $2597 SL $2590
TP1: $2602
TP2: $2610
TP3: $2620
🔥BUY GOLD zone: $2606 - $2604 SL $2601
TP1: $2610
TP2: $2615
TP3: $2620
🔥SELL GOLD zone: $2643 - $2645 SL $2650
TP1: $2635
TP2: $2620
TP3: $2610
⭐️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
ATH XAU ! 2638 and adjusted DOWN⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold (XAU/USD) hit a record high on Monday, driven by a weaker US Dollar and expectations of deeper Federal Reserve rate cuts. Geopolitical tensions in the Middle East are also boosting demand for safe-haven assets like gold.
Traders are watching the US Purchasing Managers Index (PMI) data, due later Monday. A stronger-than-expected result could strengthen the USD, potentially pressuring Gold prices.
⭐️ Personal comments NOVA:
Buying pressure is still strong - wait for new ATH areas: 2638 then steadily reduce liquidity below
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2603 - $2601 SL $2596
TP1: $2610
TP2: $2620
TP3: $2630
🔥SELL GOLD zone: $2638 - $2640 SL $2645
TP1: $2630
TP2: $2615
TP3: $2602
⭐️ 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
FOMC! The most important news in September 2024⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) found support from buyers during the Asian session on Wednesday, halting the previous day's pullback near record highs. Expectations of aggressive rate cuts by the Federal Reserve have kept the US Dollar from fully recovering, helping to support gold prices. Additionally, concerns over potential conflict escalation in the Middle East and political uncertainty in the US ahead of the November elections continue to boost the safe-haven appeal of gold.
However, investors are likely to remain cautious ahead of key central bank meetings this week. The Fed will announce its decision on Wednesday, followed by the Bank of England on Thursday and the Bank of Japan on Friday, which could drive market volatility and impact gold prices.
⭐️ Personal comments NOVA:
Gold price decreased slightly - sideway around 2560-2590 before FOMC, Lower interest rates brought positivity to XAU. Waiting for the new ATH to reach 2603 and then drop sharply to gain liquidity below
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2564 - $2562 SL $2557
TP1: $2570
TP2: $2580
TP3: $2590
🔥BUY GOLD zone: $2545 - $2547 SL $2540
TP1: $2550
TP2: $2560
TP3: $2570
🔥SELL GOLD zone: $2603 - $2605 SL $2610
TP1: $2595
TP2: $2580
TP3: $2570
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
ATH XAU is getting closer !! will it reach 2550 ??⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) is under pressure on Friday due to a stronger US Dollar (USD). Positive US growth data and lower Initial Jobless Claims have reduced expectations for a significant rate cut by the Federal Reserve (Fed) in September, weighing on gold. However, rising geopolitical tensions in the Middle East and the ongoing Russia-Ukraine war may increase safe-haven demand, supporting gold prices.
Investors are watching US inflation data for clues on the Fed's rate cut decision. The core Personal Consumption Expenditures (PCE) Price Index, the Fed's preferred inflation measure, is expected to rise 2.7% YoY in July, slightly up from 2.6% in June. A softer-than-expected PCE could prompt the Fed to begin a rate-cutting cycle, which would be favorable for XAU/USD.
⭐️ Personal comments NOVA:
The bulls are still dominant, trying to surpass the old 2531 ATH zone. NOVA is still waiting for September - the end of August will continue to sideway and adjust downwards.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2507 - $2509 SL $2503 scalping
TP1: $2515
TP2: $2522
TP3: $2531
🔥BUY GOLD zone: $2483 - $2485 SL $2478
TP1: $2495
TP2: $2502
TP3: $2510
🔥SELL GOLD zone: $2548 - $2550 SL $2555
TP1: $2540
TP2: $2530
TP3: $2520
⭐️ 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 shows positivity above $2500⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) show a slight downward trend near the $2,500 mark on Monday. However, the potential for further decline may be limited due to growing expectations that the US Federal Reserve will start lowering interest rates in September, which typically supports Gold by reducing the opportunity cost of holding it.
Additionally, rising geopolitical tensions in the Middle East and ongoing economic uncertainty are likely to increase demand for the safe-haven asset, supporting Gold prices. However, weak demand in the Chinese economy, the world's largest gold producer and consumer, could weigh on the metal. Later today, the US July Durable Goods Orders are set to be released. This week's key events include the preliminary US GDP for Q2 and the PCE Price Index for July, due on Thursday and Friday, respectively.
⭐️ Personal comments NOVA:
Gold prices are still positive after the FED's statements, Gold prices continue to maintain above the 2500 zone, stable in the second session of the week.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2496 - $2494 SL $2489
TP1: $2505
TP2: $2515
TP3: $2530
🔥SELL GOLD zone: $2528 - $2530 SL $2535
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
Gold price increased unexpectedly !! MONDAY ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) loses momentum at $2,295 early Monday. Investors are eyeing Fedspeaks this week and the US Michigan Consumer Sentiment Index for May on Friday. The US Dollar Index (DXY), a gauge of USD value against trade partner currencies, rises to 105.12, recovering from nearly one-month lows.
⭐️ Personal comments NOVA:
Monday trading session saw Gold prices increase slightly, still in the disputed price range, selling pressure still prevailed more.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2277 - $2275 SL $2270
TP1: $2285
TP2: $2292
TP3: $2300
🔥SELL GOLD zone: $2325 - $2323 SL $2330
TP1: $2318
TP2: $2310
TP3: $2300
⭐️ 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 sell Just as highlighted by my analysis, today is bearish and the sell momentum kickstarts after the liquidity buy zone has been filled.
The full prospect is a massive sell down to the 90's 📉
Let's watch the market movements and make profits off this analysis
Follow me for more helpful analysis 👍... boost this idea if you support this overview 👏
Gold's DOWN cycle continues !! 1/9/2024⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is rebounding slightly below the mid-$2,000s in the early Asian session on Tuesday. There is a chance that the US Federal Reserve (Fed) will prolong its cautious approach, which could lead to some selling pressure on gold in the short term. However, gold traders will primarily look to the US Consumer Price Index (CPI) on Thursday for new inspiration. Currently, the gold price is trading around $2,030, up 0.14% for the day.
⭐️ Personal comments NOVA:
The downtrend is even more obvious, with the actions of some funds taking profits on Gold above the $2000 price range. Gold continues to suffer negative impacts in early 2024
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2000 - $2002 SL $1992
TP1: $2010
TP2: $2020
TP3: $2030
🔥SELL GOLD zone: $2048 - $2050 SL $2055
TP1: $2040
TP2: $2025
TP3: $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
GOLD Going Down | Trade AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
GOLD 1H 160pipOANDA:XAUUSD
Hey there dear attendants
It will be a pleasure if you could brace me with your supportive likes & comments if you would have tested my strategies
Lets see what happened and break the leg 😍
Hope to benefit for all
So excited 😝 looking forward from hearing from you
Wish the best
XAUUSD low risk
EP1=1930
SL=1935.5
TP=1914
R/R=1,2.9
is not financial advice
XAUUSD Will gold continues the downtrend?The Gold has been declining the last couple of week. The market is currently very optimistic about the debt ceiling negotiation. I see the dollar getting stronger. Markets are pricing in a 37.8% chance of a 25-basis-point hike in June, according to the CME FedWatch tool.
Monthly
We can clearly see at the highs a triple top between the price of 2067 and 2075. The highs are very liquite. At one point the price will move to the highs to collect the liquidity. Also, price is in a top trend in this time frame. At the monthly time frame price still bullish which go against our analysis.
Weekly
The price created a bearish pattern. Also, there is a good point of liquidity that the price have not liquidated yet. I believe that before the price start a move to the upside the liquidity needs to be taken.
Daily
The price is in a clear downtrend. I would love to see a confirmation bearish pattern in this time frame before entering any position.
xauusd ARE you RDy for Short 🧨👌🧨🧨👌Gold is an indicator that can fundamentally shake the entire financial markets of the world.
Now I say that gold will fall due to several reasons, the first is that Bitcoin has an upward trend ahead.
From the point of view of Smart Money, it should touch the ranges of 1889.414 and 1814.577.
The new update of my indicator shows a strong range of 1814.577 for the upward trend of gold.
And the last reason for the trend of gold is the downward trend and no rise is seen for gold at the moment.
Gold Analysis , Possible Swing tradeI posted my gold analysis on Monday where I considered the possibility of a stop hunt before a decisive move down and we are looking at that scenario now. I gave an upper target of the stop hunt and we have hit that to the dollar.
I am looking at a swing short here on gold with at least 10% drop overtime and have a wide SL as indicated in the chart.
The only risk here is FOMO due to misinterpretation of fed meeting yesterday, FED did not say that they are pausing interest rates anytime soon, but big media house is misinterpreting what Powell said yesterday and saying Fed is likely to pause raising rates. (www.youtube.com ) . This can lead to some weakness in dollar and push gold higher, but my stance is clear on Both Gold and DXY.
DXY is forming a long-term bottom and Gold is due a good correction.
I have attached links to my previous gold and DXY analysis below this post.
I have over 6 years of trading and investing experience and have learned a lot in this time. I like to share what I have learned and if you like my content and would like to learn from my experience hit like and follow me for getting notified on my trade, market projections and several upcoming tutorials on technical analysis and several technical Indicators. You can also leave a comment and let me know if you want me to analyze any specific asset or want to learn about any specific topic in the world of Technical Analysis. I Will do my best to create a post for it.
Keep learning and Happy trading All.
GOLD: Bearish Multi-Bar Fakey SetupGOLD – SPOT: Selling On Retracement To Within The Range Of Bearish Multi-Bar Fakey Setup
Price Action: Price moved lower from the Bearish Multi-Bar Fakey Setup that had formed mid-last week (We suggested selling on a breakdown of this setup in the Sep 22nd, members' daily newsletter).
Price exploded lower from the prior Bearish Multi-Bar Fakey Setup that had triggered early last week (Price just tickled above this Setup, before collapsing back down), (We suggested selling on a breakdown of this setup in the Sep 12, weekly newsletter and hopefully, some traders got on board)
Potential Trade Idea: We are considering selling on retracement higher to within the range of the most recent Bearish Multi-Bar Fakey Setup that had triggered late last week.
XAUUSD BEARISH OUTLOOKThe expectations of another hawkish raise in interest rate after the Fed meeting today are keeping the gold in downturn, pulling investments away from it and directing them into the US dollar.
The daily graph is clearly showing a bearish trend for the instrument, the two indicators, MACD and RSI are giving sell signals as well. The MACD histogram is below 0 and the RSI indicator is below 50 neutral line.
If the downturn continues, the price might test its levels of 1600. If the opposite scenario plays out, the price might test its previous high at 1731.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.