XAU / USD ! 25 Nov ! Gold price adjusted downXAU / USD trend forecast November 25, 2024
Gold prices (XAU/USD) surge to approximately $2,720 during the early Asian session on Monday, supported by a weakening US Dollar (USD). The USD's sell-off lends support to the USD-denominated Gold price, while escalating geopolitical tensions further bolster demand for safe-haven assets like the yellow metal.
Investors remain focused on developments in the Russia-Ukraine conflict. Last week, Russian President Vladimir Putin lowered the threshold for a nuclear strike in response to an expanded range of conventional attacks, following reports that the US had permitted Ukraine to use American-made weapons for deeper strikes into Russian territory. This situation is likely to sustain safe-haven flows, benefiting Gold prices.
Gold adjusts H2 fibo, downtrend creates more liquidity for the market
/// BUY XAU : zone 2651-2648
SL: 2643
TP: 50 - 150 - 300pips (2678)
Safe and profitable trading
Shortsetup
$BABA NEOWAVE ANALYSISExperimental analysis with the intention to follow back later on as I am still learning
First leg of the correction is a diametric
Second leg of the correction is most likely a neutral triangle
In a neutral triangle wave C is the biggest and could be 138% to
161.8% of wave A
c-wave of a Neutral Triangle
is usually the longest, most subdivided and most time consuming of the three trending waves
Wave B is confirmed to be ended as we got a move that was faster and bigger than the largest counter trend wave within wave B (red rectangle)
Gold continues to rise - waiting for a correction⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices continued to rise for the fourth consecutive day, approaching the 50-day Simple Moving Average (SMA) as heightened tensions in the Russia-Ukraine conflict increased demand for the safe-haven metal. XAU/USD is trading at $2,672, near weekly highs, with a gain of over 0.80%.
Concerns escalated after reports suggested Russia had launched an Intercontinental Ballistic Missile (ICBM) on Ukraine. However, a Western official cited by Reuters clarified that no ICBM was used on Thursday.
⭐️Personal comments NOVA:
H1 frame is still a very stable price increase - aiming for above 2700 area, waiting for corrective reaction
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2706 - $2708 SL $2713
TP1: $2695
TP2: $2680
TP3: $2660
🔥BUY GOLD zone: $2640 - $2642 SL $2635
TP1: $2650
TP2: $2660
TP3: $2670
⭐️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
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
XAU ! 11/20 ! Gold sideways, holding above 2600XAU / USD trend forecast November 20, 2024
Gold prices (XAU/USD) continue their intraday retreat from the $2,642 level, a one-and-a-half-week high reached earlier on Wednesday, dropping to a new daily low during the early European session. The US Dollar (USD) gains support from dip-buying, fueled by a notable rise in US Treasury yields amid expectations of a more cautious approach to policy easing by the Federal Reserve (Fed). This shift in sentiment diverts investment flows away from the non-yielding yellow metal.
Gold price recovered, still maintaining above 2600, sideways price range 2600-2645
/// SELL XAU : zone 2629-2632
SL: 2637
TP: 50 - 100 - 300pips (2602)
Safe and profitable trading
BITCOIN IS FINISHED heading to 42kbitcoin to 42k. Elliot wave. wave 5 usually hits the inverse .382 of wave 3 low to 3 high. price hit that at around 92.5k. Dont see it pushing any higher. Now all that is left is the abc. I did 2 scenarios based on a wave coming to .382 and 0.5 fib. I think it will be the shallower a retracement though and that would put C around 42k which is the ETF floor and also needs to be retested. The timing in this chart isnt correct but the price targets are i guarantee 100%
No NEWS, Opportunity for gold to continue to recoverSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) remain steady during the early European session, hovering near $2,620, slightly below Tuesday’s one-week high. Persistent geopolitical tensions, including the prolonged Russia-Ukraine conflict and unrest in the Middle East, continue to fuel safe-haven demand for the precious metal for a second consecutive day. However, expectations of a less aggressive rate-cutting approach by the Federal Reserve (Fed) limit further gains for the non-yielding Gold.
⭐️Personal comments NOVA:
Small frame, gold buying pressure is still large, positive recovery, price will still move within the range of 2600 - 2644
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2603 - $2601 SL $2598
TP1: $2610
TP2: $2618
TP3: $2625
⭐️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
#BTC #Bitcoin #SS2 #Short #Long #Setup 1+2 #Eddy#BTC #Bitcoin #SS2 #Short #Long #Setup 1+2 #Eddy
Welcome to my Bitcoin Scalping Season 2
In the first season of Bitcoin scalping, I was at your service with 15 setups.
This Setups are based on a combination of different styles and based on my personal strategy.
Please don't forget to get entry approval and risk and capital management based on your own strategy.
((This setup has nothing to do with the launch of Big Short and that setup and analysis is valid.))
My Bitcoin Big Short Setup :
USD/ JPY ! 11/14 ! JPY value will increaseUSDJPY trend forecast November 14, 2024
The Japanese Yen (JPY) remains under selling pressure during the Asian session on Thursday, helping USD/JPY reach the 156.00 level for the first time since July 23, supported by a strong US Dollar (USD). Market sentiment suggests Japan’s political climate may hinder the Bank of Japan (BoJ) from further tightening its policy, which weakens the JPY. Additionally, worries about potential trade tariffs from US President-elect Donald Trump add further pressure on the Yen.
The dollar is benefiting from the new president trump FOMO, but it is cooling down soon.
The Japanese yen also has new moves with the new prime minister, helping the value of the Japanese yen increase further.
/// SELL USD/JPY : zone 156.100 - 156.400
SL: 156.700
TP: 40 - 100 - 200 pips (154.400)
Safe and profitable trading
Continue downtrend - target 2506 coming soon✍️ NOVA hello everyone, Let's comment on gold price next week from 11/18 - 11/22/2024
🔥 World situation:
Gold prices fell for the sixth consecutive day, heading for a weekly loss of over 4%—the steepest since September 2023. Federal Reserve Chair Jerome Powell's mildly "hawkish" remarks strengthened the US Dollar, reducing demand for gold. As of now, XAU/USD trades at $2,564, down 0.17%.
On Thursday, Powell stated that the Fed is not in a hurry to cut interest rates, citing a resilient economy, a robust labor market, and inflation still above the 2% target.
🔥 Identify:
The decline in gold will continue as money is being drawn to other opportunistic financial sectors, the decline could be prolonged, sending gold prices to 2500 or 2400.
🔥 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: $2590, $2610, 2645
Support : $2539, $2504
🔥 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
Short on PalantirPalantir's stock is facing several risks that could justify a short position. Its overvaluation is evident, trading at a P/E ratio of around 247 after a 150% surge in 2024, implying that future growth is heavily priced in; if the company doesn't meet these expectations, a sharp correction could occur. Insider selling over the past 90 days has raised doubts about confidence in Palantir’s future, despite some sales being pre-planned. The stock's gains are tied closely to the AI boom, but there's skepticism over whether Palantir's contracts can maintain momentum, leading to concerns that AI hype may not translate into sustainable growth. Analysts give the stock a "Reduce" rating with a consensus target suggesting a 33% downside, highlighting the potential risk of a pullback.
Furthermore, the stock appears technically overbought, increasing the likelihood of profit-taking and a subsequent decline. Also, it is posible that Palantir is done with the fifth and the last Elliott Wave, and ABC corrective wave are incoming, hence entering a short position (Put) at price $42.00, first target price $32.0 at the 0.5 Fibonacci retracement line, and the second target price 0.382 Fib retracement line $24.0.
A less than perfect earning will help us to get there.
What are your thoughts on what's to come for SPX500?I think we're in for a sell to the previous structure high. Obviously a "Counter trend entry" to ride until we return bullish. Just my Thoughts.....What's your opinion?
Thesis: Bearish Bias break and retest (however either play is at hand). Wait for a break and retest
Notes: Every Bull run has had a correction to the previous structure high. Following that trend.
A Retest would be a 50% prz. for the recent move
and right around 23.6% prz for the entire move.
Daily: Bullish, Trading in a minor consolidation for the past few days.
-Reversal pattern with Doji (Loss of momentum) & Bearish Hammer.
-Con: Seller Exhaustion wicks under support
H4: Bullish ( **Hidden Bearish Divergence @ Minor resistance lvl) look for possible sell off
H1: Bullish
Looking for NAS100 to Short back to Previous Structure High. Notes: Possible descending triangle forming.
look fore bearish sell to trend line/61.8/H4 lvl or H4
Structure point 50% prz/daily lvl 20,595
H1 lvl showing possible Bearish trend beginning
LL & LH formed with Liquidity sweep just above LH
Daily: Bullish
H4: Bullish
H1: Bullish
Thesis: Price is bullish forming a descending triangle
preparing for sell off to trend line.
XAU ! 11/14 ! still a strong decreaseXAU / USD trend forecast November 14, 2024
The US Dollar gained strongly as markets had largely anticipated a 25-basis-point hike by the Federal Reserve at its December meeting. CME FedWatch Tool data shows the odds have increased from 58% to 82%. The DXY index, which measures the Dollar’s strength against major currencies, reached a year-to-date high of 106.52, just above the previous high of 106.51 from April 16, and is currently around 106.49, up 0.50%.
yesterday's sharp drop - continues to make investors believe prices will fall further: 2500
/// SELL XAU : zone 2574-2577
SL: 2580
TP: 50 - 100 - 150pips (2561)
/// SELL XAU : zone 2590-2593
SL: 2598
TP: 50 - 200 - 300pips (2563)
Safe and profitable trading
Gold reduced! The target is aimed at 2514⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) extends its decline for the fifth consecutive session, hitting its lowest level since September 19 near $2,558 during Thursday’s Asian session. Persistent US Dollar (USD) strength, fueled by optimism over President-elect Donald Trump's pro-growth policies and expectations of a Federal Reserve (Fed) pause in easing, keeps pressure on the non-yielding metal. Elevated US Treasury yields and a strong USD, which reached its highest level since November 2023, further weigh on Gold.
Additionally, Wednesday's US Consumer Price Index (CPI) report signaled slower progress in reducing inflation, suggesting fewer rate cuts in 2024. Coupled with a bullish run in US equity markets, this has driven investors away from Gold. Traders now await the US Producer Price Index (PPI) release for near-term direction, with attention on Fed Chair Jerome Powell's speech later today.
⭐️Personal comments NOVA:
The H4 price frame shows a strong downtrend, pay attention to the support zone, buyer liquidity here is quite large 2548
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2580 - $2582 SL $2587
TP1: $2565
TP2: $2550
TP3: $2530
🔥BUY GOLD zone: $2515 - $2513 SL $2508
TP1: $2525
TP2: $2540
TP3: $2560
🔥BUY GOLD zone: $2548 - $2550 SL $2545 scalping
TP1: $2558
TP2: $2564
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
Gold maintains a strong downtrendSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The CME Group's FedWatch Tool shows the likelihood of a 25-basis-point rate cut at the next FOMC meeting has surged to over 80%, up from under 60% on Tuesday. Dallas Fed President Lorie Logan remarked that while significant progress has been made in lowering inflation, the central bank should move forward carefully.
⭐️Personal comments NOVA:
After breaking the D frame support zone (2550), the downtrend will continue, waiting for the SELL SCALPING TEST 2550 zone.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2549 - $2551 SL $2554
TP1: $2544
TP2: $2538
TP3: $2530
⭐️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
AUDUSD Continues Downtrend with High-Probability Weekly FVG AUDUSD has maintained a strong downtrend, recently wicking into a weekly Fair Value Gap (FVG) that previously broke structure, confirming this FVG as high-probability. The recent close below the weekly FVG reinforces a bearish bias, indicating that sellers are still in control.
The next target for this move is the sellside liquidity at 0.63541. This setup aligns with the prevailing trend, making it a high-probability continuation to the downside.
Always remember: DYOR (Do Your Own Research).