Gold price break - a recovery in price

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⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) rose for the second consecutive day and reached a two-week high of around $2,373 during Thursday's Asian session. This increase is driven by expectations that major central banks will reduce borrowing costs to stimulate economic activity. The Bank of Canada (BoC) recently lowered its benchmark rate for the first time in four years, signaling concerns about slowing economic growth. Additionally, the European Central Bank (ECB) is anticipated to cut interest rates for the first time since March 2016 at its June policy meeting today.

⭐️Personal comments NOVA:
Gold price breaks from the upper border - recovery and upward momentum at the end of the week. Pay attention to upcoming resistance zones

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2355 - $2357 SL $2352 scalping
TP1: $2360
TP2: $2368
TP3: $2378

🔥BUY GOLD zone: $2341 - $2339 SL $2334
TP1: $2350
TP2: $2360
TP3: $2370

🔥SELL GOLD zone: $2378 - $2380 SL $2385
TP1: $2370
TP2: $2360
TP3: $2350


⭐️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
- The winner is the one who sticks with the market the longest
Nota
Gold price dropped below the 2360 zone
Nota
Gold prices decreased during the Asian and European sessions, following the chart, commenting on NOVA day
Nota
+ 30 pips, signal PLAN DAY BUY SCALPING 2355-2357
Nota
+ 120 pips , signal PLAN DAY BUY 2355-2357 , near TP 2
Nota
+ 135 pips , amazing BUY 2355-2357 plan day
Nota
+ 230 pips, great BUY 2355-2357 plan day
Nota
+ 40 pips , continue profit signal PLAN DAY SELL 2378-2380
Nota
+ 90 pips, plan day Sell 2378-2380
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