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
Xauusdshort
XAUUSD: 2942-2945 short. Expected to drop $10I mentioned it earlier in the analysis circle. The news is almost calm. There is no dominant content, so we need to combine technical indicators including historical trends to look at the market trend. So as to speculate the market trend. Do a good job in every transaction.
From the 10-minute-30-minute trend chart, the ultra-short-term gold price will fall, and 2942-2945 needs to be focused on. From the 1-hour combined with the 4-hour trend, it is necessary to touch the upper pressure level before retracing to test the support below. The upper pressure level is at 2945-2950
So the stage trading is different, so the profit including the concerned points are different. If you are ultra-short-term trading, then remember to close the order in time at the 4-6P point to lock in the profit. If you are a short-term trader, you need to pay attention to the 8-15p space. If you are medium- and long-term. Then you need to pay attention to the stop profit of 20-50 points or even higher.
Every day, a lot of analysis content including some real-time trading opportunities and opinions will be published in the analysis circle. Friends who like it can remember to keep paying attention.
gold on bullish rejection above 2958#XAUUSD has repeatedly faced rejection above the 2949 level, forming a strong bearish zone. Currently, the market awaits a decisive breakout.
A breakout above 2949 could trigger a bullish toward the next decline zone at 2958, where profit-taking may occur. However, a pullback to 2942 is expected before further bullish continuation.
If the price fails to sustain above 2949 and drops below 2935, strong selling pressure could push toward 2916, indicating a deeper bearish trend.
XAUUSD set for 300 pip plus drop?There is gap open in XAUUSD we may see potential drop as the market trend is exhausted and could continue to drop to weekly support level for deeper liquidity grab. From weekly perspective we can see XAUUSD is over extended toward the upside and we may see deeper pull back or a short term versal in the trend.
Waiting on a possible entry to the sell positions.!!
XAUUSD Trade Idea (24-2-2025) 1. Bearish Momentum: XAU/USD exhibits signs of downward pressure, signaling a potential sell opportunity.
2. Key Resistance: Gold faces resistance near recent highs, strengthening the bearish outlook.
3. Technical Breakdown: A breach of support levels indicates further downside potential.
4. Fibonacci Retracement: Gold’s retracement aligns with critical bearish Fibonacci levels.
5. RSI Divergence: Overbought conditions suggest a correction is imminent.
6. Fundamental Weakness: Stronger USD and higher yields weigh on gold prices.
7. Geopolitical Factors: Risk aversion may shift focus away from gold.
8. Target Projection: The bearish target is set at $2,900 for the upcoming week.
9. Stop-Loss Strategy: Risk management is essential to navigate volatility.
10. Market Confirmation: Await confirmation signals before entering short positions.
GOLD SHORT | SELL THEORY [24/02-01/03]From what I’m seeing price is seemingly fatigued. There was a credible break on the 4H chart though - which is low-key worrying, HOWEVER on the daily chart? Sweeps on sweeps - which to me certify that price will be seeking a reversal of some sort at some point.
Once one of the printed lows gets violated by price (as drawn on the chart - with a candlestick) the sell will be confirmed.
I had a potential trade with actually played out nicely but I didn’t enter it, which I’m cool about as I wasn’t sure.
I won’t be trading Gold until I actually get confirmation.
Are we on an expanded flat correction?!As my chart , It seems like after an orange impulse wave (12345) we are on an expanded flat corrective wave (phosphoric ABC) and on wave C we are on a triangle wave (purple ABCDE), Then target of this correction maybe be around 2910 !
And after that continue bullish waves !
Gold’s Bull Trap? Major Reversal Incoming!As I expected in yesterday's post , Gold ( OANDA:XAUUSD ) started to rise from the Support zone($2,919-$2,905) and bounced exactly on my hypothesized lines , and I hope you were able to profit.
Gold failed to break the Resistance zone($2,948-$2,940) . And it appears to have created a Bull Trap .
In terms of the Elliott wave theory , Gold seems to have completed the main wave 5 , and one of the signs for me was the Bull Trap .
I expect Gold to fall to at least the Support zone($2,919-$2,905) after breaking the Uptrend lines . ( Next targets are also possible ).
Note: If Gold can go over the Resistance zone, we can expect more pumps.
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 30-minute time frame.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Golden interval operationGold 4-hour level, yesterday's high and low repeatedly roller coaster consolidation, the current Bollinger band has gradually narrowed, the upper track 2952, the lower track 2918, and the overall 4-hour current operation is a bullish trend with gradually rising highs and lows. In the short term, it is temporarily running within the upper and lower tracks. Wait for the Bollinger band to reopen before choosing to follow the trend
The upper pressure is focused on the 2950-55 area. If it breaks, it will be 2965-2985. The lower support is the 10-day moving average of 2915. If it breaks, it will be 2906-2880. Tonight, we will focus on the breakthrough of this range. The decline in the early trading today and the European trading will continue, so the US market will rebound and there will be a second decline. Therefore, the operation is mainly high-short, supplemented by low-long.
Gold operation suggestions: It is recommended to go short in the 2940-45 area, stop loss at 2951, and target 2925-2915 area;
Be bold and short goldBrothers, did you short gold?
As I mentioned in my previous article, I have already entered short positions in the 2930-2940 zone. Today, gold has broken below Wednesday’s low, which has to some extent opened further downside potential and strengthened the probability of continued decline. Moreover, under the pressure of the head and shoulders pattern, I believe gold is highly likely to retest the 2920-2910 support zone today.
I have followed my trading plan and am currently in profit on my short positions. We can continue to hold and wait for further profit expansion. Did you follow me in shorting gold?If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
XAUUSDToday's operation strategy:
The current price of gold is around 2931, short it when it rebounds to 2937-2940, stop loss 2955, target 2925-2920
For more trading strategies, you can click on my link
But for long-term traders, the main focus is to go long on the pullback.
What do you think about gold? Welcome to comment and exchange, I wish you a smooth transaction
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
Keep making money by shorting goldYesterday, I remained firmly committed to shorting gold from start to finish, and as anticipated, gold retraced to my two target zones: 2930-2925 and 2920-2910.
Today, gold has pulled back to around 2916, breaking Wednesday’s low, which has, to some extent, opened up downside potential and strengthened expectations for further downside acceleration toward the 2900-2880 region. Additionally, from a short-term technical perspective, a head and shoulders pattern has formed, further supporting the likelihood of a sharper decline. Therefore, in today’s trading, I continue to favor short positions in gold.
As gold’s price action shifts lower, overhead resistance levels are also adjusting downward. This calls for a more conservative expectation of gold’s rebound potential. For short-term trading, we can consider scaling into short positions in the 2930-2940 zone.
Bros, are you optimistic about the continued decline of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
XAUUSD:Shocking reversal, short selling has wonAfter the London market started, short gold at 2930-2933, target 2915, in fact, the price only dropped to around 2916, although it did drop a lot, but it was still a bit regrettable that it did not reach TP.
After the notification followed the closing of the order, short gold immediately in the range of 2930-2925. Currently relevant trading opportunities have been published in my analysis circle, remember to keep previewing.
XAUUSD: Real-time trading at the current price, check it outYesterday's Federal Reserve January policy meeting minutes highlighted: "Upward risks to the inflation outlook" and "some other factors are considered to be likely to hinder the process of inflation decline" and the expectation of interest rate cuts as important support for the short-term rebound in gold prices. This has made our long orders successfully profitable.
After the Asian market started today, the market hit the highest position of 2950 and then quickly fell back. The impact of this news on the market after a night of digestion has been very small. Regarding the peace talks, the US Department of State is also urging the Ukrainian national leaders to sign the peace talks agreement, which means that this peace talks is very meaningful.
From the trend chart of gold prices, the overall upward momentum is still very weak. After the London market opened, the gold price continued to fall. The lowest point was 2924. It is currently fluctuating at a low level. It is expected to fall sharply today. The operation is mainly short at high levels.
xauusd: Choose to sell near the current price of 2930,2934-2937
TP2915
TP2905
SL2945
Detailed operations will be updated in Jack's analysis circle. Keep paying attention to the follow-up results, and leave me a message at any time if you have any questions.
OANDA:XAUUSD TVC:GOLD
Short gold againAs I mentioned in my previous article, I anticipated that gold might pull back to the 2930-2925 region, or even extend to the 2910 region, during today or tomorrow's New York trading session. Clearly, gold has retraced as expected and hit my target zone of 2930-2925. Our short position around 2954 has once again yielded a very favorable profit, totaling 270 pips.
Currently, gold has experienced a slight rebound, but it’s evident that the bullish momentum is weakening while bearish control is strengthening. After the accelerated short squeeze phase, 2955 may become the high for this stage. Moreover, as geopolitical risks decrease, the bullish momentum for gold further weakens, making it likely that gold could further dip and test the 2920-2910 support zone.
Therefore, for current short-term trading, I believe it might be a good idea to consider shorting gold again in the 2935-2940 region.Bros, will you follow me and short gold again? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
0217-0221 GOLD WEEKLY OUTLOOKHello traders,
When events develop in an illogical manner, emotions and manipulation are often the first two factors to consider.
1. The "illogical" phenomenon behind last Friday's U.S. stock market surge
Last night, U.S. stocks experienced a significant rally despite lacking fundamental support. However, from the perspective of economic data and market dynamics, this surge appears to lack rationality.
1. Inflationary pressures are significantly increasing
In January, the Producer Price Index (PPI) inflation rate unexpectedly rose to 3.5% (higher than the expected 3.2%), while the core PPI inflation rate reached 3.6% (higher than the expected 3.3%).
This marks the highest PPI inflation rate since February 2023. More importantly, this data confirms that the previous 0.5% month-on-month increase in CPI was not due to seasonal factors but rather a reflection of persistent inflationary pressures.
2. Employment data indicates an overheated economy
Last week, initial jobless claims came in at 213K, lower than the expected 216K, while continuing claims reached 1850K, below the expected 1882K.
This demonstrates that the labor market remains strong, and the "hot" employment data further reinforces concerns about an overheating economy.
3. Rate cut expectations are delayed
With CPI, PPI, and employment data all exceeding expectations, the Federal Reserve's rate cut expectations have been pushed further back. Currently, the market generally anticipates the earliest rate cuts to occur in September 2025.
Even worse, if the Fed's core Personal Consumption Expenditures (PCE) data, which is expected to be released today, also shows an increase, the market may reprice rate hike expectations. The two-year U.S. Treasury yield has already broken out of its symmetrical triangle, with technical analysis suggesting its next target could be 5%, further strengthening expectations that the Fed may resume rate hikes instead of continuing to cut rates.
4. Liquidity is shrinking
On Thursday (February 13), the Federal Reserve's overnight reverse repurchase agreement (RRP) usage dropped to $67.82 billion, the lowest level since April 2021, indicating that market liquidity is rapidly contracting.
From this data, it is evident that U.S. stocks lack fundamental support for their rally. However, under such circumstances, the significant rise in U.S. stocks raises questions about whether emotional trading and market manipulation are at play.
---
2. Crowded markets: Risk appetite reaches extremes
Scott Rubner, Managing Director and Tactical Expert at Goldman Sachs Global Markets, published a report following last night's U.S. stock market rally, bluntly stating that this is his final bullish email on U.S. stocks for this quarter. He pointed out:
> “Everyone is in this pool, including retail investors, 401(k) retirement fund inflows, beginning-of-year fund allocations, and corporations. The dynamics of fund flow demand are rapidly changing, and negative seasonality is approaching.”
This suggests that the market is already too crowded, and the momentum for buying on dips is rapidly diminishing. The following data further confirms the extreme crowding in the market:
1. Assets in leveraged long equity ETFs reached a record high of $95 billion last week, compared to $67.6 billion during the stock market frenzy of 2021.
2. Since the third quarter of 2022, the total assets of funds using derivatives for long bets have tripled.
3. Assets in leveraged short equity ETFs decreased by $13.3 billion, falling to $8.5 billion. In other words, for every $1 in leveraged short ETFs, there is a record $11 in leveraged long ETFs.
The level of crowding in market trading has reached an extreme, or even "crazy," state. This extreme risk appetite has planted hidden risks for the future trajectory of the market.
---
3. Why did gold pull back?
In such an extreme market environment for U.S. stocks, gold, as a safe-haven asset, failed to reach new highs last Friday and instead retreated. The reasons behind this phenomenon mainly include the following:
1. A stronger U.S. dollar
Due to rising expectations that the Fed may resume rate hikes, the U.S. Dollar Index saw a significant rebound last Friday. Gold prices typically have a negative correlation with the dollar, and a stronger dollar directly suppressed gold's upward momentum.
2. Rising real interest rates
The upward movement in the two-year U.S. Treasury yield and the market's repricing of the Fed's monetary policy caused real interest rates to rise. Gold, as a non-yielding asset, is highly sensitive to real interest rates. Rising real interest rates weaken gold's appeal.
3. Market sentiment shifting toward risk assets
Despite the market's uncertainties, the strong performance of U.S. stocks attracted substantial capital inflows into risk assets. Increased risk appetite among investors reduced demand for safe-haven assets like gold.
4. Technical resistance
From a technical analysis perspective, gold faced significant resistance near its previous highs. Profit-taking by bulls further exacerbated gold's pullback.
---
4. Technical Analysis
Weekly Chart
It is evident that gold has entered a period of consolidation near its top. Last week closed with a bearish candle, forming a multi-candle evening star pattern on the weekly chart, which is a bearish reversal signal. For the upcoming week, the trading strategy will focus on identifying short opportunities on lower timeframes.
Four-Hour Chart
The five-wave structure appears to have ended, with the final wave reaching higher and broader levels than previously anticipated.
Considering the gradual formation of a top structure, next week's trading plan will focus on short opportunities below the four-hour EMA.
---
GOOD LUCK!
LESS IS MORE!