Get started

Buytrade

Gold price recovers slightly - fluctuates below 2650⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) dip slightly in thin post-Christmas trading, hovering near $2,630 during the Asian session on Friday. However, the metal may find support as markets look for clues about the US economy under the incoming Trump administration and the Federal Reserve’s 2025 rate outlook. Gold, as a non-yielding asset, benefits from moderate US PCE inflation data that casts doubt on limited Fed rate cuts next year, suggesting potential for further reductions. Its safe-haven demand is further supported by ongoing geopolitical risks, including the prolonged Russia-Ukraine war and tensions in the Middle East. ⭐️Personal comments NOVA: Short-term recovery at the end of the week - continued lack of liquidity, sideways below the 2650 area ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2650 - $2648 SL $2655 TP1: $2640 TP2: $2630 TP3: $2620 🔥BUY GOLD zone: $2616 - $2618 SL $2611 TP1: $2622 TP2: $2630 TP3: $2640 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
5
Scalping! XAU! Waiting for gold price to BREAK from trendSCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) stays under pressure during the early European session on Wednesday but manages to hold above the one-week low reached the previous day, showing limited follow-through selling. Expectations of a less dovish Federal Reserve (Fed) continue to support higher US Treasury bond yields, creating headwinds for the non-yielding yellow metal. However, USD bulls appear cautious, holding off on making strong moves ahead of the pivotal FOMC decision. ⭐️Personal comments NOVA: Moving sideways in 2 trendlines, M30. Leaning towards breaking the uptrend and waiting for today's interest rate cut results. ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2645 - $2643 SL $2640 scalping TP1: $2650 TP2: $2655 TP3: $2660 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
1
interest rate cut! most important data end of 2024⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) extends its recovery from the $2,633 level, a one-week low, and gains modest traction during the Asian session on Wednesday. The uptick appears to be driven by repositioning ahead of a key central bank event. However, gains are likely to be limited as traders await the outcome of the crucial two-day FOMC policy meeting later today. The Federal Reserve (Fed) is broadly expected to cut interest rates by 25 basis points and signal a more cautious approach to further rate reductions. ⭐️Personal comments NOVA: The market will pick up and recover when the FED lowers interest rates later today. But it won't have too much of an impact because most investors won't be too surprised. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2664 - $2662 SL $2667 scalping TP1: $2658 TP2: $2652 TP3: $2645 🔥SELL GOLD zone: $2694 - $2696 SL $2702 TP1: $2685 TP2: $2670 TP3: $2660 🔥BUY GOLD zone: $2607 - $2605 SL $2600 TP1: $2618 TP2: $2630 TP3: $2645 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
4
Ethereum Bullish: $5,000 & $7,000 by soon?Ethereum (ETH) appears to have significant bullish potential in the near term. Based on the current technical indicators, I believe ETH could reach $5,000 relatively soon and potentially move towards $7,000 within the next 1-2 years. While I may not be a dedicated crypto trader or heavy investor, the fundamentals supporting Ethereum’s growth remain strong. Key drivers include continued adoption of DeFi (Decentralized Finance), Ethereum 2.0 upgrades, and increasing institutional interest. Additionally, macro factors such as U.S. regulatory policies, which may favor crypto adoption, further support this bullish outlook. Given the historical context of growing interest in cryptocurrencies under previous administrations, along with America’s clear intent to become a leading crypto holder, these targets appear conservative. The current technical structure suggests ETH has the potential to continue its upward trajectory, especially as it consolidates around the $3,700 - $3,900 range. In conclusion, I remain highly optimistic about Ethereum’s prospects, with a target of $5,000 and $7,000 over the next 1-2 years. This is not financial advice, just my personal view!
FOREXCOM:ETHUSDLong
by Charts_M7M
Gold recovers! Break and move uptrend⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) continues its weekly rally for the third straight day on Wednesday, reaching a two-and-a-half-week high during the Asian session. The metal aims to sustain its momentum above the $2,700 level, supported by multiple factors. Geopolitical tensions from the escalating Russia-Ukraine conflict, unrest in the Middle East, and concerns about US President-elect Donald Trump's proposed tariffs drive safe-haven demand. Additionally, expectations of rate cuts by major central banks further bolster the non-yielding yellow metal. However, the US Dollar's (USD) recent rebound to a near one-week high on Tuesday limits further gains for USD-priced Gold. Moreover, traders remain cautious ahead of today's US consumer inflation data, which could shape the Federal Reserve's policy decision next week, influencing the USD and Gold's direction. Despite this, the broader outlook suggests that the XAU/USD remains biased towards further upside movement. ⭐️Personal comments NOVA: The large time frame is showing a strong recovery in the 2700 price range. Continue the short-term uptrend, waiting for a bearish price reaction at 2722 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2720 - $2722 SL $2727 TP1: $2710 TP2: $2700 TP3: $2690 🔥BUY GOLD zone: $2685 - $2683 SL $2680 scalping ( Asian and European sessions ) TP1: $2690 TP2: $2695 TP3: $2700 🔥BUY GOLD zone: $2673 - $2671 SL $2666 TP1: $2680 TP2: $2690 TP3: $2700 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
2
XAU ! Scalping ! Buy according to the main short-term trendSCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) pares most of its intraday gains, hovering near the two-week high reached the day before, and trades slightly higher above $2,660 in early European trading on Tuesday. The US Dollar (USD) continues to gain momentum, extending its rebound from a nearly one-month low following the NFP report, as expectations grow that the Federal Reserve (Fed) will take a cautious approach to rate cuts. This remains a key factor limiting the appeal of the non-yielding yellow metal and restricting its upside. ⭐️Personal comments NOVA: Gold price is having a good recovery after a lot of good news for this precious metal, priority is given to scalping with the trend, support zone 2655 ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2656 - $2654 SL $2649 scalping TP1: $2665 TP2: $2678 TP3: $2688 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
1
Silver's Next Big Move: A High-Probability Trade to $34.88!This trade is based on a clean 4-hour FVG (Fair Value Gap) setup. The FVG displaced above a short-term high, confirming a bullish structure shift, and subsequently retraced into a high-probability FVG. This type of retracement often offers strong entries with minimal risk while aligning with the higher timeframe directional bias. Key Levels to Watch: - Entry Zone: Within the retraced 4-hour FVG. - Immediate Target: HTF (Higher Timeframe) buyside liquidity at 34.88981. - Stop Loss: Positioned below the 4-hour FVG to protect against invalidation of the setup. Conclusion: This setup leverages a textbook ICT concept, utilizing displacement and retracement into a high-probability zone. If the price continues respecting the FVG and bullish structure, the HTF buyside liquidity target at 34.88981 becomes highly achievable. DYOR (Do Your Own Research)!
OANDA:XAGUSDLong
by INSIDER_INTEL
XAU sideway is about to end! Scalping BUY 2634SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) faces selling pressure after briefly rising to the $2,650 resistance zone, reaching a new daily low during the early European session on Wednesday. Despite this, the metal continues to trade within its established range from the past week, as traders remain cautious ahead of Federal Reserve (Fed) Chair Jerome Powell's speech. Market participants are seeking insights into the Fed's rate-cut outlook, which could influence US Dollar (USD) demand and shape the next significant move for gold. ⭐️Personal comments NOVA: Scalping BUY price range before ADP-NF news was announced ( 2634 - 2632 ) ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2634 - $2632 SL $2629 scalping TP1: $2640 TP2: $2645 TP3: $2650 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
3
NZD/USD Insight: High-Probability Targets for the Week AheadAnalysis: From the HTF Weekly Chart, NZD/USD highlights critical price action after a long-term sell-side liquidity raid at the equal lows. A recent bullish candle close above the last down candle and the swept lows suggests potential upward momentum, confirming a likely retracement or continuation higher. Key Levels to Watch: Immediate Target: - Buyside liquidity at 0.60364 (minimum target). Potential Reversal Zones: - Bearish breaker at 0.61600, reinforced by a Fair Value Gap (FVG) at 0.61077, making this breaker a high-probability resistance zone. Downside Potential: - If price reacts at the bearish breaker, anticipate a move lower targeting sell-side liquidity at 0.57720, which aligns with the higher timeframe structure. Price dynamics will heavily depend on how price reacts to intermediate levels, particularly the bearish breaker and its confluence with the FVG. Conclusion: - Short-term: Expect price to reach 0.60364. - Medium-term: A reaction at 0.61600 could lead to a reversal targeting 0.57720. - Always trade with confirmation at these key zones.
Long
by INSIDER_INTEL
2
EURUSD Bullish ? Monthly FVG Reversal Setup to the UpsideBreaking down the EUR/USD setup: Sell-Side Liquidity Raided: Price has effectively taken out the sell-side liquidity (SSL) levels at 1.060 and 1.04482, creating the conditions for a reversal. Monthly Fair Value Gap (FVG): Price has tapped into the monthly FVG and, more importantly, closed above it, signaling a possible bullish reversal. Higher Timeframe Bias: The monthly FVG holds strong as a bullish PD array. With price rejecting this range, there’s potential for a move toward the weekly buy-side liquidity (BSL) at 1.09387. Obstacles to Watch: Price is approaching two high-probability bearish FVGs on the weekly timeframe. These zones could cause re tracements back into the higher timeframe monthly FVG range. Monitor these areas closely for signs of price respecting or disregarding these bearish zones. Projection: If price continues to disrespect the bearish FVGs and maintains bullish displacement, a continuation toward 1.09387 is likely. Keep in mind retracements into the FVG range as healthy pullbacks during the move higher. Conclusion: This setup highlights a high-probability reversal scenario based on ICT concepts. However, as always, patience and confirmation are key—watch how price reacts to the bearish FVGs along the way. Disclaimer: Always conduct your own research (DYOR) and trade responsibly.
Long
by INSIDER_INTEL
Break - signal BUY SACLPING XAU SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: The US Bureau of Economic Analysis (BEA) reported on Wednesday that the Personal Consumption Expenditures (PCE) Price Index increased to 2.3% year-over-year in October, up from 2.1% in September. The core PCE Price Index, which excludes food and energy costs, rose 0.3% month-over-month and climbed to 2.8% annually from 2.7% the previous month. Meanwhile, data from the US Commerce Department showed the economy grew at a robust annual rate of 2.8% in the third quarter, driven by strong consumer spending, which increased by 3.5%. ⭐️Personal comments NOVA: M30 witnessed gold price BREAK trend increasing, waiting for a reasonable BUY scalping signal ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2642 - $2640 SL $2637 scalping TP1: $2646 TP2: $2650 TP3: $2657 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
2
XAU ! 26 Nov ! SCALPING support zone M45XAU / USD trend forecast November 26, 2024! SCALPING Gold prices (XAU/USD) continue to trade with a bearish tone for the second consecutive day, hovering just above a one-week low during the early European session on Tuesday. Increasing confidence that US President-elect Donald Trump's expansionary policies will drive up inflation and reduce the likelihood of further interest rate cuts by the Federal Reserve (Fed) has pushed US Treasury yields higher. This, in turn, has renewed demand for the US Dollar (USD), weighing on the appeal of the non-yielding yellow metal. Gold price continues to fall - moving towards long-term support zone 2605, slight recovery reaction /// BUY XAU : zone 2606-2603 SL: 2600 TP: 40 - 80 - 150 pips (2618) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
Gold falls - the market is still in an Uptrend⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Conversely, some Federal Reserve (Fed) officials remain cautious about further rate cuts, which could limit gold’s upward potential. Markets are recalibrating their expectations for Fed rate reductions next year as inflation concerns take center stage. Elevated interest rates tend to diminish gold's attractiveness. According to the CME FedWatch Tool, traders now see a 50.9% probability of a 0.25% rate cut, a decline from 69.5% just a month ago. ⭐️Personal comments NOVA: Gold decreased at the beginning of the week, the market created more liquidity in the price range below 2700 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2685 - $2687 SL $2700 scalping TP1: $2680 TP2: $2675 TP3: $2670 🔥SELL GOLD zone: $2739 - $2741 SL 2746 TP1: $2730 TP2: $2715 TP3: $2700 🔥BUY GOLD zone: $2653 - $2651 SL $2646 TP1: $2665 TP2: $2680 TP3: $2690 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
3
Bulls - high pressure ! XAU increase next week ✍️ NOVA hello everyone, Let's comment on gold price next week from 11/25 - 11/29/2024 🔥 World situation: Gold prices surged to a two-week high on Friday during the North American session, supported by a dip in US Treasury yields. Geopolitical tensions kept the metal in demand, though improved US business activity limited its upward momentum. At $2,710, XAU/USD is up 1.50%. The yellow metal gained strength as the US 10-year Treasury yield dropped by two basis points to 4.40%, providing a boost to gold. The precious metal is on track to post weekly gains exceeding 5%. 🔥 Identify: A week that saw a big recovery, gold returned above the 2710 area. World tension news is still the main driver for gold prices to continue to recover. 🔥 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: $2747, $2788, 2800 Support : $2645, $2604 🔥 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 ! Nov 22 ! strong resistance 2710XAU / USD trend forecast November 22, 2024 Escalating Russia-Ukraine tensions continue to fuel safe-haven demand, propelling Gold prices higher for the fifth consecutive day on Friday, even amid a strong US Dollar. In response to Ukraine's deployment of US- and UK-supplied missiles in strikes on Russian territory, Russian forces launched a new intermediate-range ballistic missile targeting Ukraine. Recovery continues, strong resistance 2710 will wait for gold price to reach /// SELL XAU : zone 2708-2710 SL: 2716 TP: 50 - 150 - 300pips (2680) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
3
Gold follows an Uptrend! 2706SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) hold onto solid intraday gains during the early European session, trading near a two-week high just below $2,700. Escalating geopolitical tensions from the Russia-Ukraine conflict continue to drive demand for the safe-haven metal, marking its fifth consecutive day of gains. Additionally, expectations that US President-elect Donald Trump's expansionary policies may spark inflation further support gold, often seen as a hedge against rising prices. ⭐️Personal comments NOVA: The buying pressure of the bulls is still very high, the gold price may continue to trend up to the 2706 area ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2682 - $2680 SL $2675 TP1: $2690 TP2: $2700 TP3: $2706 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
1
XAU ! 11/ 21 ! SCALPING Gold price still increasesXAU / USD trend forecast November 21, 2024 ! SCALPING Anticipations that US President-elect Donald Trump's proposed tariffs could drive inflation higher and reduce the Federal Reserve's (Fed) ability to lower interest rates continue to support elevated US Treasury yields. Combined with a generally upbeat risk sentiment, this could deter traders from making aggressive bullish moves on XAU/USD. Attention now shifts to upcoming US macroeconomic data and Fed commentary, which are expected to offer fresh direction for the precious metal. Long term frame, the uptrend still has great buying power. SCALPING short term frame to find a good BUY entry point /// BUY XAU : zone 2646-2643 SL: 2640 TP: 40 - 80 - 150 pips (2658) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
Gold prices continue to increase today !⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices continue to rise, marking their third consecutive day of gains, as risk aversion drives demand for safe-haven assets despite a strong US Dollar. The precious metal has gained over 3.40% this week, with buyers targeting the $2,700 level. At the time of writing, XAU/USD trades at $2,650, up 0.69%. The recent dip to a two-month low of $2,536 was largely due to profit-taking following Donald Trump's victory in the US presidential election. Concerns that some of his policies could reignite inflation pushed US Treasury yields higher and supported the Greenback. ⭐️Personal comments NOVA: The break of the H1 and H4 trends shows that gold price increases, reversing from decreasing to increasing ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2681 - $2683 SL $2688 TP1: $2670 TP2: $2660 TP3: $2650 Pay attention to the resistance area at 2672 and support at 2640 🔥BUY GOLD zone: $2614 - $2612 SL $2607 TP1: $2625 TP2: $2640 TP3: $2655 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
1
Support zone ! scalping BUY XAU ! 2644 SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) pulls back from a one-and-a-half-week high reached earlier on Wednesday, slipping to a fresh daily low below $2,630 as the European session approaches. A notable rise in US Treasury yields, driven by expectations of a more cautious easing approach from the Federal Reserve (Fed), boosts demand for the US Dollar (USD) and weighs on the non-yielding precious metal. Additionally, the upbeat sentiment in equity markets diverts flows away from safe-haven assets like Gold, halting its two-day winning streak. However, escalating tensions in the Russia-Ukraine conflict may continue to provide some support for Gold and could limit further losses, urging caution before making new bearish bets. ⭐️Personal comments NOVA: Support zone M15 , set up scalping BUY - Price recovered back to 2644 ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2624 - $2622 SL $2619 TP1: $2630 TP2: $2636 TP3: $2645 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
1
World tension! Gold price momentum increases⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold recorded consecutive gains on Tuesday, rising by 0.70% as escalating tensions in the Russia-Ukraine conflict fueled risk aversion. Investors turned to the safe-haven metal, pushing its price above $2,600 after hitting a two-month low of $2,536. At the time of writing, XAU/USD is trading at $2,629. The metal's rise was supported by declining US Treasury yields and a weaker US Dollar amidst a light economic calendar. Geopolitical risks also played a major role, with Russia’s intensified attacks on Ukraine and US President Joe Biden’s authorization of long-range missile use within Russia further boosting demand for Gold. ⭐️Personal comments NOVA: Gold prices recovered at the end of November 2024 thanks to tensions in the world, Russia - Ukraine; Korean peninsula. Recovery continues ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2672 - $2674 SL $2679 TP1: $2665 TP2: $2650 TP3: $2640 🔥BUY GOLD zone: $2612 - $2610 SL $2607 scalping TP1: $2618 TP2: $2625 TP3: $2640 🔥BUY GOLD zone: $2576 - $2578 SL $2571 TP1: $2588 TP2: $2600 TP3: $2610 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
4
Gold Positive - Rebounds on Military TensionsXAU / USD trend forecast November 19, 2024 Gold prices (XAU/USD) drew safe-haven demand on Monday, rebounding after last week's sharpest weekly decline in over three years and breaking a six-day losing streak amid escalating geopolitical tensions. Additionally, a pullback in US Treasury yields led to profit-taking on the US Dollar (USD) following its post-election surge to a new year-to-date high, providing further support for the non-yielding yellow metal. Korean peninsula tension - boosts gold price to increase and recover. Wait for resistance zone according to FIBONACCY for gold price to decrease /// SELL XAU : zone 2640-2643 SL: 2648 TP: 50 - 100 - 200pips (2623) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1