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Short recovery for Gold !! zone $2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises during Asian session, reaching over one-week high around $2,338. US macro data suggests easing inflation and a slowing economy, leading to speculation of two interest rate cuts by the Federal Reserve (Fed) this year. Expectations keep the US Dollar (USD) near weekly low, supporting gold as a commodity. ⭐️ Personal comments NOVA: Gold price sideways, moving within the 2300 - 2350 range, expecting a recovery close to the $2350 price range and then adjusting again without too much important economic data. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2306 - $2304 SL $2298 TP1: $2315 TP2: $2322 TP3: $2330 🔥SELL GOLD zone: $2353 - $2355 SL $2360 TP1: $2345 TP2: $2338 TP3: $2330 ⭐️ 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:XAUUSDLong
by Nova-Scalper
2
XAU !! Short recovery - below 2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price struggles to capitalize on previous bounce from $2,300 mark, oscillates in narrow band during Asian session. Currently around $2,330 area, traders seek clarity on timing of Federal Reserve interest rate cuts. Fed adopted more hawkish stance with only one rate cut forecasted for 2024. Markets still expect two rate cuts this year due to subsiding US inflation and weaker Retail Sales data. Rate cut bets rise for September and December. ⭐️ Personal comments NOVA: Gold price is still in the sideway price range of 2300 - 2350, today bank holiday Gold price will not change too much. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2307- $2309 SL $2302 TP1: $2315 TP2: $2325 TP3: $2340 🔥SELL GOLD zone: $2348 - $2350 SL $2355 TP1: $2340 TP2: $2330 TP3: $2320 ⭐️ 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:XAUUSDLong
by Nova-Scalper
5
Gold price recovered slightly - short term⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rebounds slightly during Asian session on Tuesday, partially recovering from previous day's losses. US macro data indicates declining inflationary pressures, raising expectations for a September rate cut by the Federal Reserve (Fed) and providing some support for gold. However, gold remains within a familiar range below the 50-day Simple Moving Average (SMA), cautioning bullish traders. ⭐️ Personal comments NOVA: Gold prices increased slightly - bad economic data for the dollar, but still narrow sideways range ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2307 - $2305 SL $2300 TP1: $2315 TP2: $2322 TP3: $2330 🔥SELL GOLD zone: $2348 - $2350 SL $2355 TP1: $2340 TP2: $2330 TP3: $2320 ⭐️ 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:XAUUSDLong
by Nova-Scalper
12
NF - Strong recovery for Gold !! ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is consolidating near a two-week high during the Asian session on Friday. Investors are waiting for the release of the Nonfarm Payrolls (NFP) report from the United States, which will influence future Federal Reserve policy decisions and impact gold prices. ⭐️ Personal comments NOVA: Gold prices recovered strongly this week thanks to economic news beneficial to Gold. NF continues to be forecast to help Gold prices recover above the $2400 area at the end of the week ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2352 - $2350 SL $2345 TP1: $2360 TP2: $2368 TP3: $2375 🔥SELL GOLD zone: $2399 - $2401 SL $2406 TP1: $2390 TP2: $2380 TP3: $2370 ⭐️ 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:XAUUSDLong
by Nova-Scalper
5
AUDNZD - Look for Continuation Long (SWING) 1:4!The price is currently forming a symmetrical triangle chart pattern on the Daily Time Frame (DTF) for AUDNZD. The strategy involves waiting for the price to convincingly break the descending trendline (TL) and exercising patience within the demand zone before initiating a trade. This analysis is particularly relevant on higher timeframes such as H4 and D. Additional support for this setup comes from a Double Bottom Chart Pattern on the Daily (D) timeframe and the presence of a weekly (W) trendline. This is considered a promising setup, contingent on certain conditions. It's essential for swing traders to implement proper risk management, setting a Stop Loss (SL) around 40 pips. However, it's important to note that a breakout may not occur immediately, especially considering that AUDNZD is classified as a minor currency pair. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Long
by S-Fx_
Gold price is positive based on US economic data⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from a three-week low and trades within a narrow range during the Asian session. Bullish traders are favored due to expectations of a Federal Reserve interest rate cut later this year, supported by recent US macro data indicating a slowdown in manufacturing activity and the economy. This has resulted in the US Dollar (USD) declining to a near two-month low, benefiting gold as a safe-haven asset. ⭐️ Personal comments NOVA: Gold price is positive thanks to good economic data at the beginning of the week for Gold - large amplitude sideway. The H4 long-term framework still supports continued decline and correction ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2325 - $2327 SL $2320 TP1: $2335 TP2: $2342 TP3: $2350 🔥SELL GOLD zone: $2374 - $2376 SL $2381 TP1: $2360 TP2: $2350 TP3: $2340 ⭐️ 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:XAUUSDLong
by Nova-Scalper
7
Economic data is supporting Gold - increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises on Friday due to a weaker US dollar and lower US yields. Traders expect the Federal Reserve to cut interest rates following weak US GDP data. Geopolitical risks in the Middle East may also boost gold as a safe-haven asset. Later, gold traders will monitor the US Core PCE figure for April, which is expected to show an increase in inflation. If the data is higher than expected, it could support the US dollar and limit gold price gains. ⭐️ Personal comments NOVA: Gold prices rebound after economic data that is not good for the dollar this week - expect the recovery to continue on Friday ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2317 - $2315 SL $2312 scalping TP1: $2322 TP2: $2326 TP3: $2330 🔥SELL GOLD zone: $2361 - $2363 SL $2366 TP1: $2357 TP2: $2353 TP3: $2348 🔥SELL GOLD zone: $2373 - $2375 SL $2380 TP1: $2368 TP2: $2360 TP3: $2350 ⭐️ 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:XAUUSDLong
by Nova-Scalper
3
IMX Long Trade SetupCurrent Situation: IMX has experienced a sell-off this week but might be poised for a reversal. The current ENTRY box offers a favorable setup, incorporating multiple levels of confluence such as trend, 0.786 Fib, horizontal supports, and a reset Stochastic RSI on 12-hour and daily timeframes. Trade Strategy: Entry Point: Enter a long position within the $2.15 to $2.10 range. Take Profit Targets: First Target: $2.26 Second Target: $2.39 Third Target: $2.53 Stop Loss: Set a stop loss at a candle close under $2.09 to manage risk. Risk Management: Watch for weakness into the ENTRY box to reduce stop-loss risk. Be mindful of leverage, as losses are amplified if the trade goes against you. Alternative Long Zone: If the current setup fails and IMX drops further, consider entering a long position in the $2.03 to $1.99 region. Stay cautious and good luck with your trading! 📊📈 #Crypto #IMX #Trading #LongTrade #EntryPoint #TakeProfit #StopLoss #MarketAnalysis #Cryptocurrency #Blockchain
Long
by Richtv_official
Gold recovered slightly - XAU increased⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises on Tuesday after hitting two-week lows of $2,325. The increase is supported by a weaker US Dollar (USD) and safe-haven demand due to geopolitical tensions in the Middle East. However, higher short-term Treasury yields and strong US economic data may strengthen the USD. Traders are cautious ahead of key US inflation data this week. The US Conference Board’s Consumer Confidence and speeches from Fed officials are scheduled for Tuesday. The US Core PCE Price Index on Friday will be closely watched. If there are more hawkish comments from the Fed and signs of persistent inflation, traders may reconsider expectations of a rate cut, leading to a stronger USD and downward pressure on gold prices. ⭐️ Personal comments NOVA: Gold prices recovered slightly at the beginning of the week when there was not much important economic news, mainly sideways ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2334 - $2336 SL $2330 scalping TP1: $2342 TP2: $2350 TP3: $2360 🔥BUY GOLD zone: $2309 - $2307 SL $2302 TP1: $2315 TP2: $2322 TP3: $2330 🔥SELL GOLD zone: $2378 - $2380 SL $2385 TP1: $2370 TP2: $2360 TP3: $2350 ⭐️ 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:XAUUSDLong
by Nova-Scalper
2
Gold price continues to trend UP !! XAU INCREASE⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold rose due to a weaker US Dollar. The recent CPI report indicated slower inflation in the US, leading to expectations of rate cuts by the Fed. Lower interest rates benefit gold investment. Traders will monitor various economic indicators and speeches by Fed officials, which could impact the US Dollar and limit gold's potential gains. ⭐️ Personal comments NOVA: Yesterday's economic data such as CPI contributed to a stable increase in Gold. The long-term H4 frame shows that Gold continues to increase, returning to the old peak of 2430 is entirely possible. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2365 - $2367 SL $2360 TP1: $2375 TP2: $2390 TP3: $2410 🔥SELL GOLD zone: $2410 - $2412 SL $2417 TP1: $2400 TP2: $2392 TP3: $2380 ⭐️ 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:XAUUSDLong
by Nova-Scalper
7
CPI, an opportunity for Gold prices to continue to increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) rose slightly due to a weaker US Dollar (USD). Factors like strong demand, central bank purchases, and geopolitical risks in the Middle East supported gold. However, hawkish comments from Federal Reserve officials, including Chairman Jerome Powell's suggestion of higher interest rates for a longer period, may push gold lower in the short term. Later today, the US Consumer Price Index (CPI) for April will be released, providing insight into the timing of the Fed's rate adjustments. Additionally, Retail Sales for April will be published, offering information on consumer spending trends. If inflation data exceeds expectations, the Fed may adopt a more aggressive stance, strengthening the Greenback and putting pressure on USD-denominated gold. ⭐️ Personal comments NOVA: Today's CPI data continues to be evaluated by experts in favor of Gold. Gold price is still moving within the H4 long-term price increase range. Today's expected resistance levels are $2376, $2390 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2346 - $2348 SL $2343 scalping (European and Asian sessions ) TP1: $2352 TP2: $2358 TP3: $2370 🔥SELL GOLD zone: $2376 - $2378 SL $2381( scalping )(European and Asian sessions ) TP1: $2370 TP2: $2365 TP3: $2358 🔥SELL GOLD zone: $2390 - $2392 SL $2397 TP1: $2380 TP2: $2370 TP3: $2358 ⭐️ 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:XAUUSDLong
by Nova-Scalper
6
BREAK 2330, Gold price recovered and increased⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises on Friday amid expectations of a potential Federal Reserve interest rate cut due to a weakening labor market and increasing geopolitical concerns. However, hawkish US Fed talks and a stronger US dollar could pressure gold prices. Traders await the US Michigan Consumer Sentiment Index for May and speeches from Fed's Bowman, Goolsbee, and Barr. The upcoming US CPI report will also garner attention. ⭐️ Personal comments NOVA: Gold price did not return to the $2300 area but rebounded, broke the BREAK, and recovered again. Prioritize the upcoming UP trend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2330 - $2328 SL $2323 TP1: $2340 TP2: $2350 TP3: $2360 🔥SELL GOLD zone: $2364 - $2366 SL $2371 TP1: $2355 TP2: $2340 TP3: $2330 ⭐️ 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:XAUUSDLong
by Nova-Scalper
2
Military tension - positive Gold price ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold's value is on the rise, driven by a weaker US dollar following recent Nonfarm Payrolls data that suggests possible Federal Reserve rate cuts. This situation could make gold cheaper for foreign buyers, with strong demand from central banks and Asian markets further supporting gold prices. Persistent Middle East tensions could also increase gold's appeal as a safe haven. However, any hawkish remarks from Fed officials, such as Minneapolis President Neel Kashkari, could bolster the USD and negatively impact gold prices. ⭐️ Personal comments NOVA: Although it is in a DOWN trend, the tension of the Israeli war has caused the price of Gold to rebound and have gradually larger buying volume. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2306 - $2304 SL $2299 TP1: $2315 TP2: $2330 TP3: $2345 🔥SELL GOLD zone: $2345 - $2347 SL $2352 TP1: $2335 TP2: $2322 TP3: $2310 ⭐️ 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:XAUUSDLong
by Nova-Scalper
1
XAU recovery after FOMC !!⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices surged above $2,300 as the Federal Reserve announced a slower balance sheet reduction and provided no indication of lowering interest rates. Fed Chair Jerome Powell stated that rate cuts would only be considered once inflation reaches its 2% target. ⭐️ Personal comments NOVA: Gold price recovered above $2,300 after the FOMC meeting on Wednesday. keeping interest rates unchanged - the economy is still facing many difficulties, Gold continues to become a safe investment channel and has the trust of investors. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2307 - $2309 SL $2304 scalping ( Use the Asian and European trading sessions ) TP1: $2315 TP2: $2320 TP3: $2325 🔥SELL GOLD zone: $2340 - $2342 SL $2347 TP1: $2332 TP2: $2325 TP3: $2315 ⭐️ 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:XAUUSDLong
by Nova-Scalper
2
Military tensions - Gold prices continue to increase✍️ NOVA hello everyone, Let's comment on gold price next week from 4/22 - 4/26/2024 🔥 World situation: The price of gold surged to a new high above $2,400 as tensions between Israel and Iran in the Middle East escalated. The uncertainty surrounding the conflict led investors to seek the safety of gold, pushing prices up to $2,417 per troy ounce. However, the rally was short-lived as Tehran announced that it had no intention of retaliating. Currently, XAU/USD is trading at $2,394, showing a gain of 0.70%. Gold experienced a volatile swing of $44.00 as traders processed the developments from Friday. Despite recent comments from Federal Reserve officials indicating a more neutral stance on inflation, the decline in US Treasury bond yields and the weakening US dollar are keeping gold prices supported. 🔥 Identify: Gold price maintains a stable increase in the H4 time frame. Along with Middle East military tensions, Gold price continues to have a huge upward momentum. 🔥 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: $2430, $2468, $2487 Support : $2360, $2306 🔥 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:XAUUSDLong
by Nova-Scalper
4
Gold is stuck in 2 trend lines ! Uptrend⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold skyrockets to approximately $2,410 per troy ounce during the Asian session on Friday. The precious yellow metal, considered a safe-haven asset, gains traction as market participants grow increasingly risk-averse due to the news from ABC News confirming that Israeli missiles have struck a location in Iran. This development further escalates tensions in the Middle East. As per Reuters, who cites Iran's Fars News Agency, local residents have reported hearing explosions at Isfahan airport, located in the central region. However, the cause of these explosions remains undisclosed. Investigations are currently underway to ascertain the specific details surrounding the incident. ⭐️ Personal comments NOVA: Gold's 2 Uptrend lines continue, Gold price remains stable. In the context of a very close war, GOLD PRICES have more motivation to increase in price ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2362 - $2360 SL $2355 TP1: $2380 TP2: $2400 TP3: $2430 🔥SELL GOLD zone: $2429 - $2431 SL $2436 TP1: $2420 TP2: $2412 TP3: $2400 ⭐️ 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:XAUUSDLong
by Nova-Scalper
2