Nova-Scalper

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell after a three-day winning streak due to the Greenback's slight recovery and hawkish comments from Federal Reserve officials. Strong US economic data also reduced expectations of a Fed rate cut in September, boosting the US Dollar and weighing on gold prices. However,...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises on Tuesday after hitting two-week lows of $2,325. The increase is supported by a weaker US Dollar (USD) and safe-haven demand due to geopolitical tensions in the Middle East. However, higher short-term Treasury yields and strong US economic data may strengthen the USD. Traders...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) gains strength on Monday, supported by a weaker US Dollar and escalating geopolitical tensions in the Middle East. The long-term outlook remains positive due to increased demand from central banks. However, expectations of fewer rate cuts by the Federal Reserve and a hawkish stance...

Nova-Scalper

✍️ NOVA hello everyone, Let's comment on gold price next week from 5/27 - 5/31/2024 🔥 World situation: Gold price stabilized on Friday after two consecutive days of losses, increasing by 0.23%. However, it experienced a weekly decline of more than 3%, marking the largest weekly loss since December 2023. The better-than-expected US Durable Goods Orders data...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues to decline due to the Federal Open Market Committee (FOMC) minutes being interpreted as more hawkish. This has limited the upside potential for gold. The cautious approach of the US Federal Reserve to maintain its restrictive policy for longer has boosted the strength of...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) trades lower on Wednesday after pulling back from a recent high. The Federal Reserve (Fed) has expressed the need for stronger evidence of easing inflation before considering interest rate cuts, implying that rates will likely remain higher for an extended period. This could...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) loses recovery momentum due to lack of fresh catalysts in a quiet session. However, renewed demand is supported by bets on interest rate cuts from the US Federal Reserve, geopolitical tensions, and strong demand from central banks and Asian buyers. Traders will focus on Fedspeak and...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) surged to a new high of nearly $2,441 during Monday's Asian session due to expectations of interest rate cuts by the US Federal Reserve and escalating tensions in the Middle East. Both Russia and Ukraine engaged in attacks against each other over the weekend, further boosting...

Nova-Scalper Updated 

✍️ NOVA hello everyone, Let's comment on gold price next week from 5/20 - 5/24/2024 🔥 World situation: Speculation about the Federal Reserve potentially lowering rates in 2024 resurfaced, but Fed officials remain cautious and emphasize that one positive inflation reading is not sufficient. Market expectations for a rate cut decreased slightly, according to...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) is trading bearishly after falling from the $2,400 level. The recent rise in precious metals was driven by lower-than-expected US inflation data in April, which raised hopes of rate cuts by the Fed. However, comments from Fed officials on Thursday signaled that interest rates...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold rose due to a weaker US Dollar. The recent CPI report indicated slower inflation in the US, leading to expectations of rate cuts by the Fed. Lower interest rates benefit gold investment. Traders will monitor various economic indicators and speeches by Fed officials, which could impact...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) rose slightly due to a weaker US Dollar (USD). Factors like strong demand, central bank purchases, and geopolitical risks in the Middle East supported gold. However, hawkish comments from Federal Reserve officials, including Chairman Jerome Powell's suggestion of higher interest...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices bounce back even as the US Dollar consolidates on Tuesday. However, the rise could be restrained as investors anticipate key US inflation data. Continued high US rates have pressured gold prices recently, but increasing Middle East tensions may temporarily support them. ⭐️ Personal comments...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices rise near $2,360 amid increasing Middle East tensions, benefiting precious metals. This week's focus is on the US CPI, PPI, and Retail Sales, potentially revealing economic and inflation trends. Last week, several Federal Reserve officials delivered hawkish messages; Atlanta Fed's Raphael...

Nova-Scalper

✍️ NOVA hello everyone, Let's comment on gold price next week from 5/13 - 5/17/2024 🔥 World situation: Gold prices increased significantly on Friday, rising over 1% even as US Treasury bond yields stayed high. This followed a University of Michigan survey indicating a drop in Consumer Sentiment to a six-month low, reflecting increasing economic pessimism...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rises on Friday amid expectations of a potential Federal Reserve interest rate cut due to a weakening labor market and increasing geopolitical concerns. However, hawkish US Fed talks and a stronger US dollar could pressure gold prices. Traders await the US Michigan Consumer...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Global gold demand growth is driven by increased over-the-counter market investment, continuous central bank purchasing, and heightened demand from Asian markets, especially China and India. This growth is reinforced by geopolitical tensions in the Middle East, leading to a preference for safe-haven...

Nova-Scalper Updated 

⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Minneapolis Fed President Neel Kashkari's recent suggestion that the Fed may halt changes to interest rates and possibly increase the federal funds rate if inflation doesn't decline has strengthened the Dollar. This week's economic agenda includes more commentary from Fed officials, Initial Jobless...