✍️ NOVA hello everyone, Let's comment on gold price next week from 05/12/2025 - 05/16/2025
🔥 World situation:
Gold prices advanced over 1% on Friday, rebounding as the US Dollar (USD) softened following a two-day winning streak, pressured by declining US Treasury yields. Renewed risk-off sentiment, fueled by persistent geopolitical tensions, bolstered demand for the safe-haven metal. At the time of writing, XAU/USD is trading near $3,338.
US equity markets slipped as investors adopted a cautious stance ahead of Saturday’s high-stakes meeting between US and Chinese delegations in Switzerland. While hopes for a de-escalation in trade tensions remain elevated, uncertainty continues to dominate sentiment.
Adding to the volatility, US President Donald Trump reignited trade concerns by stating on social media, “80% Tariff on China seems right! Up to Scott B.”
🔥 Identify:
Gold prices slow down, starting to accumulate more. Trade negotiations will appear more, putting selling pressure on gold prices in the near future.
🔥 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: $3402, $3435
Support : $3282, $3203
🔥 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
🔥 World situation:
Gold prices advanced over 1% on Friday, rebounding as the US Dollar (USD) softened following a two-day winning streak, pressured by declining US Treasury yields. Renewed risk-off sentiment, fueled by persistent geopolitical tensions, bolstered demand for the safe-haven metal. At the time of writing, XAU/USD is trading near $3,338.
US equity markets slipped as investors adopted a cautious stance ahead of Saturday’s high-stakes meeting between US and Chinese delegations in Switzerland. While hopes for a de-escalation in trade tensions remain elevated, uncertainty continues to dominate sentiment.
Adding to the volatility, US President Donald Trump reignited trade concerns by stating on social media, “80% Tariff on China seems right! Up to Scott B.”
🔥 Identify:
Gold prices slow down, starting to accumulate more. Trade negotiations will appear more, putting selling pressure on gold prices in the near future.
🔥 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: $3402, $3435
Support : $3282, $3203
🔥 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
Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.