Short
Continued accumulation - gold price around 4000✍️ NOVA hello everyone, Let's comment on gold price next week from 08/03/2026 - 08/07/2026
⭐️GOLDEN INFORMATION:
Gold price tumbles nearly 1.50% on Friday as the US Dollar recovers some ground after Japanese authorities intervened in the foreign exchange markets a day ago, driving the Greenback to a 30-day low before recovering, according to the US Dollar Index (DXY). The XAU/USD trades at $4,045.
XAU/USD drops as Treasury yields, Fed dissents and inflation risks pressure Bullion
The yellow metal is poised to finish the week with losses of over 0.11%, unable to decisively crack the $4,100 milestone. At the same time, the DXY, which tracks the performance of the buck’s value against six currencies, is down 0.05%, at 99.91, but failed to provide a tailwind for Gold prices as US Treasury yields are soaring.
⭐️Personal comments NOVA:
The market is consolidating around 4000-4100, and gold prices continue to be in a medium-term downward correction phase over a larger timeframe.
🔥 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: $4110, $4139, $4165
Support: $4022, $3995, $3960
🔥 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 
Short 
Short 
Short 
Short 
Decline in accumulation - pay attention to the 4090 region.1. Trend Overview
Current trend: Short-term Bearish with a Technical Recovery
Key signals:
Price has declined sharply from 4,150 to 4,022, forming a Lower High – Lower Low structure.
After reaching the 4,022 low, price staged a rebound but is still trading below the EMA 89 (4,068).
EMA 9 (4,045) has started to turn higher, indicating improving short-term buying momentum.
RSI (14) has recovered to around 49, suggesting that bearish momentum is fading, although there is still no confirmation of a bullish reversal.
👉 Conclusion: The selling pressure has eased, but the H1 trend remains bearish. The current rebound is more likely a technical pullback before the market determines its next directional move.
2. Current Price Structure
H1 Structure
Lower High: around 4,094
Lower Low: around 4,022
Current Price: around 4,056
Price is recovering from the recent low and is now approaching the resistance zone created by the previous breakdown.
This suggests that the market is retesting the supply area following the sharp decline.
3. EMA & RSI Analysis
EMA
EMA 9 is turning upward but remains below EMA 89.
Price is still trading below EMA 89.
→ The short-term bearish trend has not yet been reversed.
RSI (14)
RSI is around 49.
It has recovered from the oversold region back to the neutral zone.
This indicates that selling pressure has weakened, but bullish momentum is still not strong enough to confirm a trend reversal.
---------------
SELL GOLD zone : 4087 - 4090
SL : 4095
TP : 4060 - 4044 - 4020
---------------- Short 
Short 
Short 
Selling pressure on the trendline - FVG 40201. Trend
Short-term bias: Bearish.
Price remains below EMA9 and EMA89, confirming sellers are still in control.
The previous ascending channel has been broken to the downside, signaling a shift from consolidation to a bearish trend.
Price continues to form Lower Highs (LH) and Lower Lows (LL).
The current rebound is likely a technical pullback before the next bearish leg.
2. Key Resistance
3,995–4,000
Immediate resistance.
Previous support has turned into resistance.
A rejection here could resume the downtrend.
4,020–4,025
Major resistance.
Confluence of EMA89, previous support, and the descending trendline.
A H1 close above this zone would weaken the bearish outlook.
3. Key Support
3,970
Immediate support.
Recent swing low.
A break below this level would confirm renewed selling pressure.
3,945–3,950
Major support.
Next downside target if 3,970 is broken.
4. EMA
EMA9 remains below EMA89.
Price is trading below both moving averages.
This continues to favor the bears unless price reclaims 4,020–4,025.
5. RSI (14)
RSI is around 48, showing a mild recovery after being oversold.
Momentum has improved slightly but remains below the bullish threshold of 50.
Without a breakout above resistance, the rebound is likely to be corrective rather than the start of a new uptrend.
-----------------
SELL GOLD zone : 4020 - 4023
SL : 4028
TP : 4005 - 3977 - 3941
--------------- Short 
Short 
Maintain accumulation below the descending trendline at 4100.1. Trend
Short-term bias: Bearish.
Price remains below the long-term descending trendline, confirming sellers are still in control.
EMA9 is below EMA89, maintaining bearish momentum.
The market continues to form Lower Highs (LH) and Lower Lows (LL).
The recent CPI-driven rally was rejected near the trendline and quickly sold off, reinforcing the downtrend.
2. Key Resistance
4,052–4,055
Immediate resistance.
Previous support turned resistance.
Near EMA9 and the current consolidation zone.
4,080–4,086
Major resistance.
Confluence of the descending trendline, EMA89, and a supply zone.
A rejection here could trigger another bearish leg.
4,104
Strong resistance.
Recent CPI spike high.
A H1 close above this level would weaken the current bearish outlook.
3. Key Support
4,040
Immediate support.
Price is currently testing this level.
3,987–3,990
Major support.
Previous swing low and key demand zone.
A break below could extend the decline toward 3,960–3,950.
4. EMA Analysis
EMA9 remains below EMA89, keeping the short-term trend bearish.
Price is trading below both EMAs, suggesting rallies are more likely to be corrective unless resistance is broken.
5. RSI (14)
RSI is around the mid-40s.
Momentum has cooled after the CPI spike.
There is room for another downside move before the market becomes oversold.
----------------
SELL GOLD zone : 4094 - 4096
SL : 4102
TP : 4080 - 4062 - 4044
----------------- Short 
Gold prices continue to move sideways, remaining stable.GOLDEN INFORMATION:
Gold (XAU/USD) attracts some sellers after failing to find acceptance above the $4,100 mark the previous day, although it holds above the $4,000 psychological mark during the Asian session on Wednesday. Despite soft US Consumer Price Index (CPI) data, investors remain worried about energy-driven inflation as escalating US-Iran tensions and the closure of the Strait of Hormuz remains supportive of elevated crude oil prices. Furthermore, US Federal Reserve (Fed) Chair Kevin Warsh reiterated the price stability commitment in his first congressional testimony, leaving the door open for at least one rate hike by year's end. This, to a large extent, offsets modest US Dollar (USD) weakness and turns out to be a key factor exerting some pressure on the non-yielding bullion.
⭐️Personal comments NOVA:
News may have a certain impact on gold prices in the short term, however, the main trend will remain sideways consolidation, maintaining a decline below 4100.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4100 - 4102 SL 4110
TP1: $4082
TP2: $4065
TP3: $4040
🔥BUY GOLD zone: 3986- 3984 SL 3976
TP1: $4000
TP2: $4025
TP3: $4055
⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas.
⭐️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 Short 
Short 
Selling pressure below 4100 - creating a gap.1. Trend
Short-term bias: Bearish.
Price remains below the descending trendline, indicating sellers are still in control.
EMA9 is below EMA89, signaling weakening bullish momentum.
The market continues to form lower highs and lower lows.
2. Key Resistance
4,080–4,085
Immediate resistance.
Confluence of EMA9 and previous support, now acting as resistance.
A rejection from this area could trigger another bearish move.
4,100–4,120
Strong resistance zone.
Coincides with the descending trendline and EMA89.
A breakout above this zone would weaken the current bearish structure.
4,120
Recent swing high.
A H1 close above this level would invalidate the short-term bearish outlook.
3. Key Support
4,050
Immediate support.
Price is currently testing this level.
4,021
Major support.
Previous swing low and a key demand zone.
A break below this level would confirm a continuation of the bearish trend.
-----------------------
SELL GOLD zone : 4094 - 4097
SL : 4102
TP : 4080 - 4062 - 4044
------------------------- Short 
Gold price trending downwards below 4095.GOLDEN INFORMATION:
Gold (XAU/USD) opens with a modest bearish gap at the start of a new week and slides back closer to the $4,050 level during the Asian session. A further escalation of tensions between the US and Iran, along with the closure of the Strait of Hormuz, lifts crude oil prices and revives inflation fears. This, in turn, bolsters expectations of elevated interest rates by the US Federal Reserve (Fed), which benefits the safe-haven US Dollar (USD) and drives flows away from the bullion.
⭐️Personal comments NOVA:
Middle East tensions return, DXY continues to recover, selling pressure on gold falls below 4100. Accumulation zone resumes, maintaining at 4022 - 4095.
⭐️SET UP GOLD PRICE
🔥SELL GOLD zone: 4094 - 4096 SL 4104
TP1: $4080
TP2: $4060
TP3: $4044
🔥BUY GOLD zone: 4023- 4021 SL 4013
TP1: $4038
TP2: $4055
TP3: $4077
⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas .
⭐️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 Short 
Accumulate - wait for a breakout of the trendline.✍️ NOVA hello everyone, Let's comment on gold price next week from 07/13/2026 - 07/17/2026
⭐️GOLDEN INFORMATION:
Gold (XAU/USD) price retreats on Friday during the North American session, pressured by US President Donald Trump's comments allowing the resumption of US-Iran talks, but reiterating that the ceasefire is “over.” The XAU/USD pair trades at around $4,103, down 0.48%.
XAU/USD falls as renewed war risks lift yields and Dollar
The yellow metal seems poised to end the week down 0.51%, driven by the escalation of the conflict. The Greenback erased its earlier losses, as the US Dollar Index (DXY), which measures the buck’s value against six currencies, holds firm at 100.94, unchanged.
⭐️Personal comments NOVA:
Gold prices are still consolidating within a downtrend around 4000-4200. Gold prices are primarily affected by changing news from the Middle East and the DXY recovery.
🔥 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: $4200, $4380
Support: $4022, $3942
🔥 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 
Bitcoin Daily Analysis 11 JulyGood day, everyone! Let’s dive into today's Bitcoin update.
To briefly summarize the higher timeframes, as we discussed in detail two days ago, both the monthly and weekly charts remain bearish. Tomorrow, once the weekly candle closes, we will perform another top-down analysis starting from the higher timeframes.
Daily Timeframe
Yesterday's daily candle doesn't provide much actionable information in my opinion. It printed a small lower shadow, a moderate upper shadow, and a medium-sized green body. To me, this candle mostly reflects market indecision.
4-Hour & 1-Hour Timeframes
Let's drop down to the 4-hour chart to get a clearer view of the current price action. On the 4-hour timeframe, price attempted to push up aggressively with a strong bullish leg to break its last swing high. However, since it was Friday—the final trading day of the week for traditional markets—it wasn't the ideal day for a breakout. Price ended up getting stuck as it reacted to that 4-hour high.
Given that global markets are closed over the weekend, crypto market volume naturally dries up. Therefore, we shouldn't expect any major moves from Bitcoin between today and tomorrow evening, unless a sudden, high-impact news event drops.
Regardless, let’s review our entry triggers once more:
Long Scenario: Yesterday, we were waiting for a reaction to the $64,500 resistance line, and we are seeing that play out now. If price manages to close a candle above the $64,500 resistance on strong volume, I will open a long position. If the current market structure and the last 1-hour higher low remain as they are, I will place my stop loss just below $63,600.
Short Scenario: For shorts, I’m looking at two potential setups. First, if price gets rejected from current levels or turns the breakout of this resistance into a fakeout and aggressively reverses, I will trigger a short position upon a confirmed breakout below the $61,755 support. Second, if price consolidates right below $64,500 and forms a tight 4-hour trading range (box), I will look to enter a short position on a 1-hour breakdown of that range's floor.
I hope you enjoyed today's analysis and find it useful. As always, make sure to keep your risk and money management in check! Short 
Short 
