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BTC recovers ahead of interest rate announcementBTC Daily Chart – Short Analysis Bitcoin is still trading inside a bearish structure, staying below key moving averages and the descending trendline. Main resistance: $100,000 – $102,000 This zone aligns with the 0.5 Fibonacci level and previous support turned resistance → high probability of rejection. Current move: Price is bouncing, but no bullish confirmation as long as it stays under $102k. Expected scenario: BTC may retest the $100k–$102k zone, fail to break it, and continue downward. Downside target: $83,700 – $84,000 This level matches liquidity and trendline confluence. Conclusion: Trend remains bearish unless BTC breaks and closes above $102k.
Short
by Nova-Scalper
2
Continue to accumulate - gold price moves slowly around 4050⭐️GOLDEN INFORMATION: Gold (XAU/USD) trades firmer near $4,075 in early Asian hours on Monday, supported by rising expectations of a Fed rate cut following comments from John Williams. Attention now turns to Tuesday’s US September PPI and Retail Sales data. Williams noted Friday that the Fed could still lower rates soon without derailing progress on inflation. Markets now see nearly a 74% chance of a December cut, up from 40% last week, according to the CME FedWatch Tool. Softer rates would lower the opportunity cost of holding non-yielding gold, offering the metal additional support ⭐️Personal comments NOVA: Gold price continues to accumulate and move sideways in the range: 4000 - 4100, The market did not have many major changes at the beginning of the week. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4143 - 4145 SL 4150 TP1: $4130 TP2: $4120 TP3: $4100 🔥BUY GOLD zone: 4003 - 4001 SL 3996 TP1: $4016 TP2: $4028 TP3: $4040 ⭐️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:XAUUSDShort
by Nova-Scalper
2
Gold sideways, selling pressure returns to 4000⭐️GOLDEN INFORMATION: Gold (XAU/USD) comes under renewed pressure in Friday’s Asian session, though it continues to trade within its weekly range amid mixed signals. Expectations for a December Fed rate cut have faded further after the delayed September NFP release, supporting the US Dollar’s climb to its strongest level since late May and weighing on the non-yielding metal. ⭐️Personal comments NOVA: Downward trend, gold price continues to accumulate at the end of the week: 4000 - 4100 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4144 - 4146 SL 4151 TP1: $4130 TP2: $4120 TP3: $4100 🔥BUY GOLD zone: 4006 - 4004 SL 3999 TP1: $4020 TP2: $4040 TP3: $4060 ⭐️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:XAUUSDShort
by Nova-Scalper
Gold price continues to decrease, 4000⭐️GOLDEN INFORMATION: Gold (XAU/USD) edges up toward $4,110 in early Asian trading on Thursday, supported by a cautious market mood and lingering uncertainty around the US economy. Traders now await the US September NFP report later in the day. Heightened uncertainty—exacerbated by delayed labor data following the recent government shutdown—has complicated the Fed’s assessment of the job market, boosting demand for safe-haven assets like gold. The long-awaited September jobs report will be closely watched for signals on labor conditions and future US rate policy ⭐️Personal comments NOVA: Price continues to move sideways and accumulate around 4000 - 4100. H1 forms a short-term downtrend line. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4148 - 4150 SL 4155 TP1: $4140 TP2: $4120 TP3: $4100 🔥BUY GOLD zone: 4024 - 4022 SL 4017 TP1: $4035 TP2: $4050 TP3: $4070 ⭐️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:XAUUSDShort
by Nova-Scalper
2
continue to accumulate - trading below 4000✍️ NOVA hello everyone, Let's comment on gold price next week from 11/10/2025 - 11/14/2025 ⭐️GOLDEN INFORMATION: Gold (XAU/USD) climbs 0.64% during Friday’s North American session, trading near $4,002 after rebounding from a daily low of $3,974. The ongoing US government shutdown and rising risk aversion keep equities under pressure, boosting demand for the safe-haven metal. Gains in bullion are further supported by growing expectations of a December Fed rate cut. Meanwhile, the University of Michigan’s preliminary Consumer Sentiment Index for November dropped to its lowest level since June 2022, reflecting mounting concerns over the shutdown’s potential impact on the US economy. ⭐️Personal comments NOVA: The market continues to be in a wait-and-see mode, accumulating as the US government remains shut down, and economic data from the US is delayed. 🔥 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: $4022, $4084 Support: $3961, $3917, $3885 🔥 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:XAUUSDShort
by Nova-Scalper
1
DXY recovers - gold price under selling pressure below 4000⭐️GOLDEN INFORMATION: Gold (XAU/USD) slips toward $3,970 during Thursday’s Asian session as investors reassess the Federal Reserve’s (Fed) policy outlook following stronger-than-expected US economic data. Several Fed officials — including Michael Barr, John Williams, Anna Paulson, Beth Hammack, Christopher Waller, and Alberto Musalem — are set to speak later in the day. Data from ADP on Wednesday showed US private-sector employment rose by 42,000 in October, rebounding from September’s revised 29,000 decline, suggesting signs of stabilization in the labor market after two months of weakness. ⭐️Personal comments NOVA: Gold price continues to accumulate below 4000, DXY recovers when efforts are made for the US government to operate. Gold continues to lack current upward momentum. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4087 - 4089 SL 4094 TP1: $4070 TP2: $4050 TP3: $4030 🔥BUY GOLD zone: 3948 - 3946 SL 3941 TP1: $3960 TP2: $3970 TP3: $3990 ⭐️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:XAUUSDShort
by Nova-Scalper
1
BTC continues to correct below 100k🟠 BTCUSD Technical Plan Current Price: 101,960 Overview: BTC continues to follow a downtrend structure, with each lower high being rejected from the descending trendline (marked with red arrows). The market recently broke below key Fibonacci support and is now trading around the 1.0 extension level near 100,950. 📉 Short-term Expectation: Price may retest the broken support zone around 104,700 – 105,800 (Fib 0.5–0.618 + EMA zone). This area is expected to act as strong resistance where sellers may re-enter the market. If the rejection is confirmed, BTC could continue dropping toward the 95,200 – 94,700 support zone (1.618 extension). 📈 Alternative Scenario (Bullish Correction): If price breaks above 105,800, a short-term correction could extend toward the trendline resistance near 111,400 before another potential reversal.
Short
by Nova-Scalper
1
BTC recovers before interest rate announcementBitcoin (BTC/USD) – Daily Chart Analysis Bitcoin is currently trading around the 114K–115K zone after rebounding from the ascending support trendline near 108K. This reaction confirms that buyers are still defending the broader bullish structure, but significant resistance lies ahead. Key Observations: Resistance Zone (117K–118K): This area has acted as a strong supply zone in the past, where price was previously rejected twice (marked by red arrows). It also aligns with the EMA 89 and volume cluster, making it a critical barrier for bulls. Support Zone (108K–102K): The lower trendline and horizontal support near 102K–104K remain vital for the long-term bullish structure. A break below this region would open the door for deeper correction toward 100K. EMA Confluence: The short-term moving averages (EMA 34 and 89) are attempting to turn upward, suggesting early signs of recovery—but confirmation requires a daily close above 118K. Possible Scenarios: Bullish Case: If BTC successfully breaks and closes above 118K, momentum could accelerate toward 127K–128K, where the upper trendline and major resistance coincide. Bearish Case: If price faces rejection at the 117K–118K zone, a retest of 108K, or even 102K, is likely before the next major move. Outlook: Bitcoin remains in a neutral-to-bullish phase short term, but traders should closely monitor the 117K–118K resistance for potential rejection or breakout confirmation.
Short
by Nova-Scalper
2
Gold price is consolidating around 4100⭐️GOLDEN INFORMATION: Gold (XAU/USD) slips below $4,150 in Friday’s Asian session, weighed down by a firmer US Dollar and cautious sentiment after recent sharp losses. The end of India’s Diwali festival may also curb physical demand. However, lingering US government shutdown risks, global trade tensions, and expectations of US rate cuts could lend support to the non-yielding metal. ⭐️Personal comments NOVA: Gold's downward correction is still continuing, accumulating below 4200. Buying power is weakening and there is not much momentum to increase prices this week. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4217 - 4219 SL 4224 TP1: $4202 TP2: $4190 TP3: $4170 🔥BUY GOLD zone: 3954 - 3956 SL 3949 TP1: $3970 TP2: $3990 TP3: $4015 ⭐️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:XAUUSDShort
by Nova-Scalper
2
Gold price tries to recover back to 4200⭐️GOLDEN INFORMATION: Gold (XAU/USD) drops below $4,100 in Wednesday’s Asian session, extending its sharpest selloff in over a decade as traders lock in profits after a nine-week record-breaking rally. Easing US-China trade tensions ahead of the November 1 tariff deadline further dampen safe-haven demand. ⭐️Personal comments NOVA: Gold price is accumulating, trying to recover back to 4163, 4200 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4163 - 4165 SL 4170 TP1: $4150 TP2: $4135 TP3: $4120 🔥BUY GOLD zone: 4003 - 4001 SL 3996 TP1: $4020 TP2: $4035 TP3: $4050 ⭐️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:XAUUSDShort
by Nova-Scalper
1
Short term correction - down below 4300⭐️GOLDEN INFORMATION: Gold (XAU/USD) dips to around $4,245 in early Asian trading on Monday, pausing after its record-breaking rally. The pullback comes as physical demand eases following the festive surge, while traders await China’s Q3 GDP, Industrial Production, and Retail Sales data later in the day. Last week, the metal gained support from India’s festive demand and robust ETF inflows. However, with fundamentals largely priced in, a short-term correction or consolidation appears likely. ⭐️Personal comments NOVA: Gold price started to accumulate, adjusted down below 4300 at the beginning of the week. Short-term downtrend ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4320 - 4322 SL 4327 TP1: $4310 TP2: $4300 TP3: $4283 🔥BUY GOLD zone: $4222-$4224 SL $4217 TP1: $4235 TP2: $4250 TP3: $4270 ⭐️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:XAUUSDShort
by Nova-Scalper
2
Gold price dropped sharply, adjusted around 3900⭐️GOLDEN INFORMATION: Gold (XAU/USD) holds below the key $4,000 mark during the Asian session on Friday. While the metal remains under pressure after Thursday’s pullback from record highs, softer US Dollar momentum, expectations of further Fed rate cuts, and lingering US government shutdown concerns continue to lend support. ⭐️Personal comments NOVA: Gold price started to have a large-scale correction, below 3400. Selling pressure continued around 3900. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 4018 - 4020 SL 4025 TP1: $4005 TP2: $3980 TP3: $3965 🔥BUY GOLD zone: $3894-$3896 SL $3889 TP1: $3905 TP2: $3920 TP3: $3935 ⭐️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:XAUUSDShort
by Nova-Scalper
3
Be careful with the continued downward correction.BTC Plan Analysis Currently, BTC has rallied strongly toward the 118,700 – 118,800 zone and is testing the 1.0 Fibonacci resistance. This area may trigger short-term profit-taking. Main outlook: After a sharp rally, the market is likely to see a corrective move. Key Levels Resistance: 118,800 – 119,000 (near-term resistance, currently being tested) 120,428 (strong resistance on the higher timeframe) 122,500 (major resistance, extended wave target) Support: 116,485 (Fibo 0.786, important confluence support) 114,837 (previous resistance turned support + EMA200) 114,150 – 114,050 (lower support, Fibo 0.236) Possible Scenarios BTC may face selling pressure at 118,800 – 119,000, leading to a correction back to 116,500. If 116,500 breaks, the next support zone is 114,800 – 114,000. If BTC holds above 116,500 and bounces, the market will likely retest the higher resistance at 120,400 – 122,500. 👉 Summary: Price is currently at short-term resistance. It’s better to wait for a reaction before making decisions. The correction toward 116.5K remains the primary scenario before the next clear move.
Short
by Nova-Scalper
1
BTC Accumulates in Downtrend - CorrectionBTC Analysis BTC is currently moving in line with the broader trend structure. After a strong bearish leg, the price reacted precisely at the 108k demand zone, rebounding sharply by around +4,000 points. This confirms that buyers are still actively defending this critical level. At present, BTC is trading near 112k, with the next resistance levels to watch at 113,925 – 116,132. A short-term bullish continuation into these zones is possible, but strong selling pressure is expected there. If the price fails to hold above the 113k – 114k area, a pullback toward the 109k demand zone could follow. A deeper bearish continuation would then likely target 106k – 106.2k, which aligns with the next key Fibonacci extension and a major support area. Key Notes: • The broader trend remains intact; buyers successfully defended 108k. • Watch resistance at 113.9k – 116.1k for potential reversal signals. • Key support zones: 109k (demand) and 106k (major target).
Short
by Nova-Scalper
1
Selling pressure continues to adjust, reaching 3692?⭐️GOLDEN INFORMATION: Gold (XAU/USD) slips in Friday’s Asian session, unable to build on Thursday’s rebound as strong US data lifted the Dollar to a three-week high and tempered Fed rate-cut bets. Still, losses may be limited with traders awaiting the US PCE inflation report for clearer direction. ⭐️Personal comments NOVA: Gold price adjusted, accumulated according to 2 trend lines. Waiting for break and continue to get liquidity around support zone 3692 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3788- 3790 SL 3795 TP1: $3780 TP2: $3770 TP3: $3760 🔥BUY GOLD zone: $3692-$3690 SL $3685 TP1: $3700 TP2: $3710 TP3: $3725 ⭐️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:XAUUSDShort
by Nova-Scalper
2
Gold prices began to correct, 3690⭐️GOLDEN INFORMATION: Gold (XAU/USD) holds firm near $3,750 in Thursday’s Asian session, supported by expectations of further Fed rate cuts and ongoing geopolitical risks. The Fed’s September 25 bps cut lowered the policy rate to 4.00%–4.25%, with its dot plot signaling two more reductions this year and another in 2026. Lower borrowing costs reduce the opportunity cost of holding Gold, keeping the metal underpinned. ⭐️Personal comments NOVA: Gold price continued to break the 3750 support and fell sharply afterwards. Gold price started a major correction after the market was too FOMO on the buying side. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3788- 3790 SL 3795 TP1: $3780 TP2: $3770 TP3: $3760 🔥BUY GOLD zone: $3691-$3689 SL $3684 TP1: $3700 TP2: $3710 TP3: $3725 ⭐️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:XAUUSDShort
by Nova-Scalper
2
adjustment reduction, liquidity 3730⭐️GOLDEN INFORMATION: Gold (XAU/USD) steadies near $3,760 in Wednesday’s Asian session after pulling back from a record $3,791. Expectations of further Fed rate cuts and safe-haven demand continue to underpin the metal. Fed Chair Jerome Powell noted the “challenging” balance between inflation risks and a weakening labor market, signaling readiness to ease policy further if needed. Markets now price in two additional 25 bps cuts this year, in October and December, which would lower the opportunity cost of holding non-yielding Gold. ⭐️Personal comments NOVA: correction down, accumulation and continue to increase price towards 3800 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3800- 3802 SL 3807 TP1: $3790 TP2: $3780 TP3: $3770 🔥BUY GOLD zone: $3730-$3728 SL $3723 TP1: $3740 TP2: $3750 TP3: $3760 ⭐️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:XAUUSDShort
by Nova-Scalper
1
break support, continue to correct downETH 4H Chart Analysis • Breakout Zone: ETH has broken below the $4,360 – $4,330 zone (purple box), which previously served as strong support. This signals a shift in sentiment toward bearish momentum. • Current Price Action: After a sharp drop, ETH is consolidating around $4,170, hinting at a possible short-term rebound before continuing its downward structure. • Resistance Levels: • $4,360 – $4,330: Recently broken support, now acting as strong resistance. • $4,505: Next resistance above, in line with prior range highs. • Support Levels: • $4,166: First Fib extension target, currently being tested. • $3,880 – $3,900: Major support zone if price declines further (2.618 Fib extension + horizontal demand zone). • Outlook: ETH may retest the $4,330 – $4,360 resistance before continuing lower. If bearish pressure persists, the next downside target is around $3,880 – $3,900.
BINANCE:ETHUSDShort
by Nova-Scalper
1
Continued correction - gold price falls below 3600⭐️GOLDEN INFORMATION: Gold (XAU/USD) slips for a second day, trading near $3,640 in Friday’s Asian session after profit-taking from record highs and a stronger US Dollar (USD). The pullback follows the Fed’s first rate cut of the year, a 25 bps move that lowered the target range to 4.0%–4.25% and signaled two more cuts ahead. Chair Jerome Powell described the decision as a “risk management cut” and downplayed urgency for further easing, a less dovish tone that supports the Greenback and weighs on bullion in the near term. ⭐️Personal comments NOVA: Gold price continues to adjust, recovers briefly and returns to the 3600 price zone ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3704- 3706 SL 3711 TP1: $3690 TP2: $3680 TP3: $3665 🔥BUY GOLD zone: $3596-$3598 SL $3591 TP1: $3608 TP2: $3620 TP3: $3630 ⭐️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:XAUUSDShort
by Nova-Scalper
1
start to correct down, back to 3618⭐️GOLDEN INFORMATION: Gold (XAU/USD) consolidates after retreating from record highs above $3,700, reached following the Fed’s dovish rate cut. The central bank signaled two more reductions this year, keeping bullion supported in Thursday’s Asian session. Heightened geopolitical risks from the Russia-Ukraine war and Middle East tensions further underpin safe-haven demand. At his press conference, Fed Chair Jerome Powell framed the move as a “risk management cut” and downplayed urgency for aggressive easing. This helped the US Dollar (USD) extend its rebound from multi-year lows, capping gold’s upside. Still, the broader backdrop favors bulls, with any dips likely to attract fresh buying ⭐️Personal comments NOVA: The market started to correct down after reaching ATH 3707, the interest rate reduction result was as expected. Pressure to close profits this week ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3678- 3680 SL 3685 TP1: $3670 TP2: $3660 TP3: $3650 🔥BUY GOLD zone: $3618-$3620 SL $3613 TP1: $3630 TP2: $3640 TP3: $3655 ⭐️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:XAUUSDShort
by Nova-Scalper
1
Gold prices began to adjust down⭐️GOLDEN INFORMATION: Gold (XAU/USD) slips in Thursday’s Asian session, trimming part of Wednesday’s gains as stronger equities and a modest Dollar rebound weigh on the metal. Still, expectations of Fed rate cuts next week, along with trade frictions, geopolitical tensions, and political uncertainty in Europe and Japan, limit downside risks. Traders now await US inflation data for clearer cues on the Fed’s policy path. ⭐️Personal comments NOVA: Gold prices are showing signs of a slight correction, after buying power began to gradually decrease. The market needs to gain liquidity around lower support zones. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3674- 3676 SL 3681 TP1: $3666 TP2: $3650 TP3: $3640 🔥BUY GOLD zone: $3596-$3598 SL $3591 TP1: $3608 TP2: $3620 TP3: $3633 ⭐️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:XAUUSDShort
by Nova-Scalper
4
Fomo is too big, selling pressure adjusts ADP-NF⭐️GOLDEN INFORMATION: Gold (XAU/USD) extends its pullback from record highs near $3,579, easing lower in Thursday’s Asian session as calmer bond markets and stable equities trigger profit-taking amid overbought conditions. A firmer US Dollar adds pressure, though cooling labor market data and expectations of Fed rate cuts later this month help limit losses. Traders now await Friday’s Nonfarm Payrolls report for further direction. ⭐️Personal comments NOVA: Gold price is accumulating around 3529, there are signs of downward adjustment to gain liquidity, be careful of larger declines ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: 3600- 3598 SL 3605 TP1: $3585 TP2: $3568 TP3: $3552 🔥BUY GOLD zone: $3476-$3474 SL $3469 TP1: $3485 TP2: $3500 TP3: $3510 ⭐️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:XAUUSDShort
by Nova-Scalper
1