Get started

Buytrade

Gold price in uptrend !! Still expecting ATH✍️ NOVA hello everyone, Let's comment on gold price next week from 8/5 - 8/9/2024 🔥 World situation: Gold prices are under pressure after hitting a two-week high of $2,477 earlier during the North American session. Data showed that the US jobs market feels the effects of higher borrowing costs set by the Federal Reserve as the number of Americans applying for work dipped. This bolstered the golden metal, which rallied over 1% before retreating. The XAU/USD trades at $2,430, down 0.60%. Wall Street’s trade with substantial losses, as most equity indices plunged at least 2.20% after the US Bureau of Labor Statistics (BLS) revealed that July’s Nonfarm Payrolls (NFP) figures missed the mark, while June data was revised downward. 🔥 Identify: The H4 uptrend is still quite clear, the trendline is beautiful for new growth, there are still many factors that help Gold reach a new ATH in the near future, typically the FED may cut interest rates in September 2024. 🔥 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: $2478, $2502, $2530 Support : $2420, $2372, $2354 🔥 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
NF - NEW ATH XAU - market expectations⭐️ Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price rises to around $2,450 per ounce in Asia on Friday. Traders are waiting for US labor market data for July. Recent data on manufacturing and employment in the US have raised concerns, boosting demand for safe-haven assets like Gold. US ISM Manufacturing PMI fell to 46.8 in July, lower than expected. Initial Jobless Claims for the week ended July 26 increased to 249K. ⭐️Personal comments NOVA: Sentiment and the market are looking forward to a new ATH point today after the NF news was announced. The expected resistance zone is 2500 ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2442 - $2444 SL $2438( scalping / Only applicable for Asian and European sessions ) TP1: $2449 TP2: $2455 TP3: $2462 🔥BUY GOLD zone: $2415 - $2417 SL $2410 TP1: $2425 TP2: $2440 TP3: $2450 🔥SELL GOLD zone: $2502 - $2504 SL $2510 TP1: $2490 TP2: $2480 TP3: $2460 ⭐️ 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
Uptrend continues after FOMC ! XAU ATH ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price struggles to rise despite a small increase earlier, trading just below $2,445, almost unchanged today. Investors are more interested in riskier assets due to expectations of the Fed starting to cut rates soon, leading to a positive stock market and weakening demand for gold. The Gold price is somewhat supported by a weak US Dollar caused by the Fed's cautious stance. The Fed's hints at a rate cut in September and low US Treasury bond yields are keeping the dollar down. Additionally, tensions in the Middle East are supporting the safe-haven gold. ⭐️ Personal comments NOVA: Gold price after yesterday's FOMC news, benefited from the increase in price from the statement that the move will reduce interest rates as soon as September 2024. Expect a new ATH to continue in 2024 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2422 - $2420 SL $2415 TP1: $2430 TP2: $2440 TP3: $2450 🔥BUY GOLD zone: $2433 - $2431 SL $2427 TP1: $2445 TP2: $2460 TP3: $2480 🔥SELL GOLD zone: $2472 - $2474 SL $2479 TP1: $2465 TP2: $2458 TP3: $2450 ⭐️ 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
9
Strong recovery before ADP - NF news !! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price rises for the second day after dropping to $2,400, reaching a one-week high in Asia. Geopolitical tensions in the Middle East increase due to an Israeli attack on Lebanon. Global economic growth is slow, pushing investors towards gold. The US Dollar weakens from a three-week high on Fed's dovish expectations, supporting gold prices. Investors are cautious and await more clues on the Fed's rate-cut plans before making new investments. All eyes are on the outcome of the two-day FOMC meeting happening today. ⭐️ Personal comments NOVA: Price increase before ADP - NF news today July 31, 2024 thanks to the middle east military tension. Technical trends show that buyers dominate the long-term frame H4 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2388 - $2390 SL $2383 TP1: $2405 TP2: $2420 TP3: $2440 🔥SELL GOLD zone: $2430 - $2432 SL $2435 scalping( Asian and European sessions ) TP1: $2425 TP2: $2418 TP3: $2410 🔥SELL GOLD zone: $2452 - $2454 SL $2459 TP1: $2440 TP2: $2430 TP3: $2420 ⭐️ 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
NZD / CHF !! recovering in a DOWN trend⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: Oversold signs - selling pressure gradually decreasing, expect a temporary recovery for NZD/CHF ⭐️ SET UP NZDCHF PRICE: 🔥BUY zone: 0.52200 - 0.52000 SL 0.51700 TP1: 0.52500 TP2: 0.52900 TP3: 0.53500 ⭐️ 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
Long
by Nova-Scalper
6
PCE weekend news - Gold price tries to recover⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Meanwhile, XAU/USD demonstrated some strength beneath the 50-day SMA, buoyed by anticipation that the Fed will commence its rate-cutting cycle in September. This has kept the USD subdued below a two-week peak reached on Wednesday, helping Gold to draw in some buyers. However, upward momentum appears constrained as traders await the upcoming US PCE Price Index release on Friday, which could signal the Fed's policy direction. This data will likely influence USD demand and inject new momentum into the non-interest-bearing gold market. ⭐️ Personal comments NOVA: Gold price H4 frame completes wave 5 ELLIOT, will sideways stabilize below 2400 creating more liquidity for the market ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2352 - $2354 SL $2347 TP1: $2360 TP2: $2368 TP3: $2375 🔥SELL GOLD zone: $2400 - $2402 SL $2407 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
7
NZD/ CAD !! 7/26 trendline Uptrend✍️ NOVA hello everyone, Let's comment on NZD/CAD price long-term trend 🔥 Identify: D1 - long-term time frame shows that the price is following the Uptrend line - touching the trendline. wave 5 🔥 Technically: Based on the resistance and support areas of the NZD/CAD price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: 0.82500 - 0.84000 - 0.85500 🔥 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
Long
by Nova-Scalper
3
Gold corrects slightly after reaching ATH !!⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rose to around $2,470 per troy ounce on Thursday, remaining near record highs as there is growing optimism that the Federal Reserve (Fed) will lower interest rates in September. Lower interest rates make Gold more appealing to investors as a non-yielding asset. Fed officials have expressed confidence in inflation aligning with their goals and are considering an interest rate cut. ⭐️ Personal comments NOVA: Gold price had a 30 price adjustment when it peaked at 2484, the adjustment created liquidity for the market ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2440 - $2442 SL $2435 TP1: $2450 TP2: $2460 TP3: $2470 🔥BUY GOLD zone: $2432 - $2430 SL $2425 TP1: $2440 TP2: $2455 TP3: $2470 ⭐️ 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
ATH - strong increase !!! XAU UP⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fails to capitalize on its Asian session gains, trading with modest intraday gains. A slight uptick in the US Dollar prompts profit-taking due to an overbought RSI on the daily chart. The pullback is also influenced by the overall risk-on sentiment in global equity markets. ⭐️ Personal comments NOVA: Gold price continues to reach ATH in Tuesday's Asian session, new peak at 2484. Bulls dominate - rising momentum shows no signs of stopping ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2442 - $2440 SL $2435 TP1: $2450 TP2: $2465 TP3: $2480 🔥BUY GOLD zone: $2449 - $2451 SL $2444 TP1: $2458 TP2: $2465 TP3: $2480 🔥SELL GOLD zone: $2500 - $2502 SL $2507 TP1: $2490 TP2: $2480 TP3: $2470 ⭐️ 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
Wave 5 model Increases long-term frame H4! XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 7/15 - 7/19/2024 🔥 World situation: Gold's price remained over $2,400 after dropping to a daily low of $2,391. The metal's value is predicted to rise for the third week amid speculation that the Federal Reserve may start easing in September. Despite higher-than-expected factory prices, the dollar didn't strengthen, benefiting gold. The XAU/USD stands at $2,415. June's Producer Price Index exceeded predictions while July's preliminary consumer sentiment reading from the University of Michigan declined, but inflation expectations have eased. 🔥 Identify: Gold price moves in the final wave (wave 5) in the long-term bullish model H4. Target to break the highest peak of 2451 and create a new peak 🔥 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: $2422, $2450, $2466 Support : $2392, $2357 🔥 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
Will XAU hit new ATH in July ??⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: A failed assassination attempt on Donald Trump, a Republican candidate in the 2024 presidential election, increased his chances of winning and raised hopes for less regulation. This boosted investor interest in riskier assets and may limit the rise in the price of gold, which is considered a safe-haven. Additionally, the US dollar's modest strength, fueled by the belief that Trump's policies would increase government debt and inflation, will help keep the XAU/USD (gold price) in check. ⭐️ Personal comments NOVA: The long-term framework still supports the increase in Gold prices - the FED has positive information for early interest rate cuts to help Gold prices gain momentum higher. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2392 - $2390 SL $2385 TP1: $2405 TP2: $2420 TP3: $2430 🔥SELL GOLD zone: $2449 - $2551 SL $2456 TP1: $2440 TP2: $2430 TP3: $2420 ⭐️ 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
11
Prioritize the Uptrend - XAU above $2400⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar gains on Monday, reversing some recent losses and putting pressure on Gold prices for the second day. The Producer Price Index (PPI) rose by 2.6% in June, surpassing expectations of 2.3%. Political uncertainty following a failed assassination attempt on Donald Trump benefits the Dollar, but expectations of a dovish Federal Reserve may limit gains. ⭐️ Personal comments NOVA: Gold price is maintaining an Uptrend above $2400 - accumulating in the price range 2400 - 2420. Optimism for the market is very high reaching a new ATH this year ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2392 - $2390 SL $2385 TP1: $2400 TP2: $2410 TP3: $2420 🔥SELL GOLD zone: $2422 - $2420 SL $2427 TP1: $2415 TP2: $2408 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
7
Gold will continue to increase after PPI news !! new peak⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: On Thursday, gold prices surged to their highest level since May 22, reaching the $2,424-2,425 region due to predictions of a Federal Reserve rate cut in September following a mild US inflation report. However, lack of sustained buying and a modest rebound of the dollar from a nearly three-month low caused some sell-off of the safe-haven metal during Friday's Asian session. The underlying positive sentiment in the equity markets also contributed to this trend. ⭐️ Personal comments NOVA: Sentiment is very optimistic in the market after yesterday's CPI news - Gold prices maintain an upward momentum to close to the old all-time high ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2393 - $2391 SL $2388 scalping TP1: $2397 TP2: $2400 TP3: $2405 🔥SELL GOLD zone: $2450 - $2452 SL $2457 TP1: $2440 TP2: $2430 TP3: $2420 ⭐️ 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
9
CPI - Will Gold price touch 2400 ???⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices saw a third consecutive day of buyer interest, despite trading below the week's peak. Traders appear hesitant, awaiting US consumer inflation data to guide near-term strategies. This information will influence Federal Reserve decisions on interest rate cuts, impacting USD demand and potentially providing momentum for gold. ⭐️ Personal comments NOVA: Gold price is in the bullish range - wave 3 of H1 frames waiting for a break in the 2384 area. The price will show positive signs if today's CPI supports Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2338 - $2340 SL $2332 TP1: $2348 TP2: $2355 TP3: $2370 🔥SELL GOLD zone: $2398 - $2400 SL $2405 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
3
Gold in price increase range! Increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold's price is experiencing slight gains due to speculation that the US Federal Reserve may cut rates as early as September. Global political uncertainties also favor gold, a safe-haven asset. However, China's halt on gold purchases could lead traders to lessen bullish bets, as China is the largest gold consumer globally. Key upcoming events include Fed Chair Jerome Powell's testimony, speeches from Michelle Bowman and Austan Goolsbee of the Fed, and Thursday's US CPI inflation data release. ⭐️ Personal comments NOVA: Gold price leveled off to create liquidity in the 2350 - 2375 area. Waiting for information from the FED on Tuesday and Wednesday, the uptrend is still dominant. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2341 - $2339 SL $2334 TP1: $2348 TP2: $2355 TP3: $2370 🔥SELL GOLD zone: $2382 - $2384 SL $2389 TP1: $2375 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
7
Expect Gold to touch $2400 soon !! ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) dip during early Monday's European session as the People’s Bank of China (PBoC) holds off on gold purchases for the second month in June. This pause could influence gold prices given China's status as the world's largest bullion consumer. ⭐️ Personal comments NOVA: Gold price is maintaining an Uptrend at the beginning of the week - the target is still touching above 2400 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2362 - $2360 SL $2355 TP1: $2370 TP2: $2380 TP3: $2390 🔥SELL GOLD zone: $2396 - $2398 SL $2403 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
2
Breakthrough in early July 2024! XAU fluctuates✍️ NOVA hello everyone, Let's comment on gold price next week from 7/1 - 7/5/2024 🔥 World situation: Gold prices fell on Friday due to a promising inflation report that suggested potential interest rate cuts from the Federal Reserve in 2024. Despite reaching a four-day high of $2,339, gold ended at $2,324, a 0.12% decrease. The US PCE Price Index report for May triggered these fluctuations, indicating a favorable future for consumers affected by price increases. 🔥 Identify: Gold price sideways accumulated for most of June 2024 from 2300 - 2365, expecting a breakthrough in early July with a recovery for Gold. 🔥 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: $2351, $2387 Support : $2317, $2297, $2270 🔥 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
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