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Longxauusd

Strong increase after FOMC meeting! XAU PUMP⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is continuing to increase after a strong recovery from the 50-day Simple Moving Average (SMA), which was around the $1,973 mark. This recovery comes after a three-week low and the positive momentum has carried over into Thursday. The Federal Reserve (Fed) announced on Wednesday that they have no plans to raise interest rates and their "dot plot" indicates three 25 basis points (bps) rate cuts in 2024. Additionally, policymakers believe that inflation will reach the Fed's target of 2% without a recession. This dovish stance has caused a significant drop in US Treasury bond yields and has put pressure on the US Dollar (USD), which in turn has boosted the value of gold. ⭐️ Personal comments NOVA: After yesterday's FOMC meeting, the decision to keep the old interest rate unchanged and reduce the next round has created very good news for Gold. The scholarship market will flourish again at the end of 2023. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2004 - $2006 SL $1996 TP1: $2015 TP2: $2022 TP3: $2030 🔥BUY GOLD zone: $2015 - $2017 SL $2012 Scalping TP1: $2022 TP2: $2035 TP3: $2050 🔥SELL GOLD zone: $2050 - $2052 SL $2060 TP1: $2045 TP2: $2040 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:XAUUSDLong
by Nova-Scalper
5
CPI inflation assessment - Gold positive or negative?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian session on Tuesday, the price of gold (XAU/USD) has slightly increased and moved away from a three-week low, which was around the $1,976-1,975 range reached the previous day. However, there is a lack of continued buying or strong bullish sentiment as traders appear hesitant to make aggressive bets on the direction of the market before the release of the latest consumer inflation data from the United States (US) later today. The upcoming Consumer Price Index (CPI) report will have a significant impact on the Federal Reserve's (Fed) policy outlook and will help determine the short-term trajectory for the non-yielding yellow metal. ⭐️ Personal comments NOVA: Today released extremely important CPI economic data. Parameters to evaluate inflation and evaluate the current US economy. More and more money is returning to the financial investment market, showing signs of prosperity for the economy. This is also a disadvantage for Gold prices. After witnessing the new ATH point, Gold prices are in free fall. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1965 - $1967 SL $1957 TP1: $1975 TP2: $1988 TP3: $1993 🔥SELL GOLD zone: $2013 - $2015 SL $2023 TP1: $2005 TP2: $1997 TP3: $1990 Pay attention to the resistance zone 1992-1995 ⭐️ 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
New week with expectations of gold price recovery⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The Federal Reserve will disclose its decision on the interest rate on Wednesday, marking its final meeting of the year. Market expectations for the December meeting suggest that there will be no alteration in rates, and there is a belief that the dot plot will decrease. However, following the release of robust employment data, the market has revised its projections for the timing of the initial rate cuts, shifting them from March to May. ⭐️ Personal comments NOVA: The week started with not much impactful news. Expect a recovery today. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1990 - $1992 SL $1982 TP1: $2000 TP2: $2010 TP3: $2020 🔥SELL GOLD zone: $2020 - $2022 SL $2030 TP1: $2015 TP2: $2010 TP3: $2005 ⭐️ 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
Scalping XAU! 11/12 Recovery pace in downward momentum⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving downwards for the second consecutive day on Monday, distancing itself even further from the record high it reached last week. During the first half of the European session, the value of this precious metal remains low, staying below the significant $2,000 mark, due to an increase in US Dollar (USD) buying. The release of the US monthly jobs report on Friday, which exceeded expectations, led investors to reduce their expectations of an early easing of policies by the Federal Reserve (Fed). As a result, there has been a recovery in US Treasury bond yields, which in turn strengthens the dollar and weakens demand for commodities priced in USD. ⭐️ Personal comments NOVA: Second, there have not been too many price fluctuations. Scalping BUY signal for recovery ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1996.5 - $1994.5 SL $1991.5 Scalping TP1: $2000 TP2: $2004 TP3: $2007 ⭐️ 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
4
Sideway, Rebalance the market XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Newly published data on Wednesday indicated that the November ADP private payrolls experienced a modest increase of 103,000, compared to the previous reading of 106,000. This figure fell short of market expectations, which had anticipated a growth of 130,000. The release of the ADP report followed Tuesday's unveiling of the Labor Department's JOLTS job openings number for October. Surprisingly, this figure reached its lowest point since March 2021, plummeting to 8.73 million from a downwardly revised 9.35 million in September. ⭐️ Personal comments NOVA: After the instability at the beginning of the week, the price is showing signs of stabilization by sideways with a shorter price range in the 2015 - 2035 area. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2005 - $2007 SL $1997 TP1: $2015 TP2: $2022 TP3: $2030 🔥SELL GOLD zone: $2049 - $2051 SL $2056 TP1: $2040 TP2: $2030 TP3: $2020 ⭐️ 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
Big market fluctuations at the end of the year⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) experienced a significant reversal during Monday's trading session, dropping by approximately $125 after initially surging to a new record high around the $2,144-2,145 range. However, the sharp decline halted near the $2,020 level as investors increasingly acknowledged that interest rates in the United States (US) have reached their peak. Additionally, market participants have been factoring in the possibility of a more accommodative stance from the Federal Reserve (Fed) and an increased likelihood of a rate cut by March 2024. ⭐️ Personal comments NOVA: After Monday's crazy trading session. Prices have decreased around the 2020-2050 region. At the end of the year, Gold has large and erratic fluctuations. There will be short-term Scalping signals before Gold stabilizes and has a clear upcoming trend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1995 - $1997 SL $1990 TP1: $2010 TP2: $2020 TP3: $2032 🔥SELL GOLD zone: $2073 - $2075 SL $2083 TP1: $2065 TP2: $2055 TP3: $2047 ⭐️ 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
New peak of Gold is established !! Amazing⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) continues to strengthen after a notable rally in the past few weeks, reaching a new all-time high around the $2,144-2,145 range during Monday's Asian session. However, it has since retraced some of its gains and is currently trading below the $2,100 level, still showing a 0.70% increase for the day. The rise in US Treasury bond yields has attracted buyers to the US Dollar (USD), leading to profit-taking by gold bulls due to overbought conditions on the daily chart. Nonetheless, the expectation that the Federal Reserve (Fed) will no longer raise interest rates and might begin easing its monetary policy by the first half of 2024 could continue to support gold, which does not yield interest. ⭐️ Personal comments NOVA: Start the trading session with a crazy price increase. Officially reached a new peak Currently, prices are adjusting to stabilize, creating balance in the market ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2070- $2072 SL $2067 scalping TP1: $2077 TP2: $2082 TP3: $2090 🔥BUY GOLD zone: $2053 - $2055 SL $2045 TP1: $2060 TP2: $2070 TP3: $2080 ⭐️ 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 officially has a new peak, increasing strongly✍️ NOVA hello everyone, Let's comment on gold price next week from 4/12 - 8/12/2023 🔥 World situation: Last Friday, after the PMI news and the FED meeting, the information was not good for the dollar, it witnessed a new milestone for Gold. Gold price reaches a new peak in 2075. This is a previously forecast result at the end of 2023. Although information about the war between Ukraine and Israel has gradually decreased, it is still happening. That is also the motivation for Vang to continue to increase strongly 🔥 Identify: Currently, buying power is still very strong. Price is in a nice technical zone to continue increasing December will still witness new record high points for Gold 🔥 Technically: Based on the resistance and support areas of the gold price according to the D1 frame, NOVA identifies the important key areas as follows: New Resistance: $2100, $2150 Support : $2051, $2027, $2005 🔥 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
Start December. PMI impact on Gold price⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian session on Friday, there is a noticeable increase in interest in the price of gold (XAU/USD), leading to a partial recovery from the losses experienced the previous day. The current value of this precious metal is approximately $2,040, representing a modest increase of 0.15% for the day. It is worth noting that this places the price within close proximity to its highest level since May 5, which was reached on Wednesday. Recent data from the United States (US) reveals that inflation rates have continued to decrease in October, while the labor market has shown signs of slowing down. These developments support the belief that the Federal Reserve (Fed) will no longer pursue interest rate hikes. This dovish outlook has become a significant contributing factor in the positive performance of gold, which does not offer any yield. ⭐️ Personal comments NOVA: With good forecasts for the dollar, bad for Gold after today's PMI news. Gold is still in the accumulation phase, sideways to have a new breakthrough in December ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2015 - $2017 SL $2007 TP1: $2027 TP2: $2040 TP3: $2052 🔥SELL GOLD zone: $2060 - $2062 SL $2070 TP1: $2050 TP2: $2040 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:XAUUSDLong
by Nova-Scalper
3
Strong growth, continuing the upward trend⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) continues to gain momentum after breaking through the $2,008-2,010 resistance level earlier this week. It has now climbed higher for the fifth consecutive day on Wednesday. This positive movement has also led to the commodity reaching a near seven-month high, around the $2,052 mark, during the Asian session. Looking ahead, the short-term outlook for gold remains optimistic due to the ongoing weakness in the US Dollar (USD), driven by expectations of a dovish Federal Reserve (Fed) stance. ⭐️ Personal comments NOVA: The growth of Gold at the end of the year has been predicted in advance. Optimism and excitement cover the entire market ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2018 - $2020 SL $2010 TP1: $2032 TP2: $2040 TP3: $2050 🔥SELL GOLD zone: $2060 - $2062 SL $2070 TP1: $2055 TP2: $2048 TP3: $2040 ⭐️ Technical analysis: If the Asian session low is breached in a corrective pullback, it is anticipated that there will be substantial support and new buyers around the $2,035-2,034 region. This support should prevent the Gold price from declining significantly, keeping it near the $2,020 level, which is now an important point of reference. Conversely, if buying momentum extends beyond the $2,052 region, or the multi-month high recorded earlier this Wednesday, it could pave the way for a challenge to the all-time high of around the $2,079-2,080 zone achieved in May. ⭐️ 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
Gold price is trying to surpass the 2020 zone⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) continues to rise above the crucial $2,000 level during the early trading hours in Asia on Tuesday. The value of the precious metal reaches a six-month high due to the weakening US Dollar (USD) and the decrease in US Treasury bond yields. Currently, the gold price is trading near $2,015, experiencing a 0.01% decrease for the day. At the same time, the US Dollar Index (DXY) has fallen to its lowest point since late August, around 103.20. This rise in the USD-denominated gold is attributed to the decline in Treasury yields, with the 10-year yield dropping from 4.51% to 4.39%. ⭐️ Personal comments NOVA: Gold prices still show stable price increases, trying to surpass the 2020 zone to reach the highest zone this year. Today, CB Consumer Confidence was announced with forecasts to continue to support Gold prices ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1995 - $1997 SL $1990 TP1: $2003 TP2: $2010 TP3: $2020 🔥SELL GOLD zone: $2028 - $2030 SL $2035 TP1: $2020 TP2: $2015 TP3: $2010 ⭐️ 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
The bulls have a major advantage⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold: The next milestone to watch out for is the 2023 high, reaching approximately $2070. The price of gold continued to rise towards the end of last week, ultimately closing above the important threshold of $2000 per troy ounce. However, this increase in value was accompanied by a decrease in open interest, indicating the possibility of a correction in the near future. Meanwhile, the next significant resistance level for gold is expected to be the peak of $2067 reached in 2023 on May 4th. ⭐️ Personal comments NOVA: The beginning of the week witnessed great FOMO among bulls. Gold price is approaching the strong resistance zone in 2020. This is the period when Gold price creates a new peak this year. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2001 - $2003 SL $1997 scalping TP1: $2009 TP2: $2014 TP3: $2020 🔥BUY GOLD zone: $1990 - $1992 SL $1982 TP1: $2000 TP2: $2012 TP3: $2020 ⭐️ 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
End November, during the Gold price bull cycle✍️ NOVA hello everyone, Let's comment on gold price next week from , Last week of November 🔥 World situation: At the end of the year, published US economic data showed difficulties and challenges. There are not many positive signals yet. Gold prices continue to benefit at the end of the year. In the last week of November, there are important data such as: CB Consumer Confidence, Prelim GDP q/q, Core PCE Price Index m/m, ISM Manufacturing PMI,... otherwise the forecast will continue to support The Golden household goes up 🔥 Identify: Observing the technical chart according to the H4 frame, Gold price is still in a very nice uptrend. This is an opportunity for Gold price to have the highest price point in 2023 🔥 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: $2010, $2022 Support : $1991, $1971 🔥 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
GOLD 22/6!! Will buyers prevail?The price of gold is being supported by economic troubles and a weaker US Dollar. Concerns about a global economic downturn are affecting investor sentiment, leading to a generally weaker tone in the stock markets. Additionally, the demand for the US Dollar is subdued, which is also contributing to the support for gold as a safe-haven asset. The USD Index, which tracks the value of the US Dollar against other currencies, is near its monthly low due to uncertainty over the Federal Reserve's rate hike plans. Gold is fluctuating at $1932, may drop 1 more beat before recovering Today, order to place a BUY AT: BUY zone: $1923- $1925 sl $1913 Based on the moving averages EMA 34, EMA 89 , the MACD moving average is close to crossing the signal line, volume divergence is forming.
OANDA:XAUUSDLong
by DNA_TradingFX
13
GOLD 21/6!!! Gold near post-Powell lowsGold prices remained just above their lowest level in three months on Wednesday, as they suffered significant losses in the previous session due to traders shifting their focus to the dollar in anticipation of further information on U.S. interest rates. Later in the day, Federal Reserve Chair Jerome Powell is scheduled to testify before Congress, which could provide more insight into the future of monetary policy and interest rates following the mixed messages from the Fed last week. The uncertain stance of the Fed prompted some investors to move their assets into the dollar, given that the central bank paused its rate increase cycle but indicated the possibility of more hikes later in the year. Consequently, gold prices were negatively affected and remained relatively stagnant within a narrow trading range observed over the past month. Prediction of sideways gold price in the price range $1920 - $1955 Today, can put 2 entry at: BUY GOLD: zone $1925- $1927 SELL GOLD: zone $1949- $1951 Combine 2 EMA 34, EMA 89 and finonaccy signal to have 2 beautiful support and resistance entry areas
OANDA:XAUUSDLong
by DNA_TradingFX
20
GOLD 20/6: Gold price weakening at the beginning of the morning The Federal Reserve's unclear direction regarding interest rate increases has resulted in limited price movement in the market. Congress is closely monitoring this situation. So, The price of gold is having difficulty taking advantage of its small increase earlier in the day and is moving within a narrow range during the first half of the Asian session on Tuesday. Currently, the XAU/USD is trading around $1,950, with little change from the start of the day. It has been trading within a familiar range for the past month or so. Gold price assessment on June 20, 23 continues to sideway narrowly in the range of $1935 - $1960 Canh Buy price range $1939-$1941, SL $1930 TP: 1955 Based on technical analysis indicators EMA 34, EMA 89 with support point $1939.
TVC:GOLDLong
by DNA_TradingFX
22
XAUUD / DXY RATIO UPTRENDOANDA:XAUUSD The chart shows a reversal in SPOT GOLD since July 13th and the latest round of CPI/PPI data showing the continued onslaught of inflation. Gold is rising while the dollar strength is dropping as per the DXY index. This all makes sense at least to your average person who is not an economist. That said, XAUUSD has a bullish bias as a hedge against inflation and flight to financial safety. I put up another idea with the ratio of the SPX to Spot Gold suggesting now is the time to sell stocks and buy gold instead potentially consistent with a stock market bear rally instead of a new bull run. Time will tell..........................
OANDA:XAUUSDLong
by AwesomeAvani