✍️ NOVA hello everyone, Let's comment on gold price next week from 04/21/2025 - 04/25/2025
🔥 World situation:
Gold prices are poised to close the week on a strong footing, gaining over 2.79% as the precious metal surged nearly $90 amid continued US Dollar (USD) weakness driven by lingering global trade uncertainties. At the time of writing, XAU/USD is trading around $3,326.
Despite touching a fresh all-time high of $3,358, the rally has cooled slightly as traders lock in profits ahead of the extended Easter weekend, with both European and US markets closed. Meanwhile, real yields have ticked higher, offering a modest headwind. On the policy front, San Francisco Fed President Mary Daly noted that the US economy remains resilient, though some segments are showing signs of slowing. She emphasized that monetary policy is still restrictive enough to keep inflation in check, while also suggesting that neutral rates could be on the rise.
🔥 Identify:
Gold price is still in a big uptrend, short-term corrections only make gold price accumulate more and continue to reach new ATH, tariffs are tense, gold price continues to increase strongly: 3382, 3400
🔥 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: $3357, $3382, $3400
Support : $3284, $3236, $3155
🔥 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 are poised to close the week on a strong footing, gaining over 2.79% as the precious metal surged nearly $90 amid continued US Dollar (USD) weakness driven by lingering global trade uncertainties. At the time of writing, XAU/USD is trading around $3,326.
Despite touching a fresh all-time high of $3,358, the rally has cooled slightly as traders lock in profits ahead of the extended Easter weekend, with both European and US markets closed. Meanwhile, real yields have ticked higher, offering a modest headwind. On the policy front, San Francisco Fed President Mary Daly noted that the US economy remains resilient, though some segments are showing signs of slowing. She emphasized that monetary policy is still restrictive enough to keep inflation in check, while also suggesting that neutral rates could be on the rise.
🔥 Identify:
Gold price is still in a big uptrend, short-term corrections only make gold price accumulate more and continue to reach new ATH, tariffs are tense, gold price continues to increase strongly: 3382, 3400
🔥 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: $3357, $3382, $3400
Support : $3284, $3236, $3155
🔥 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.