CTFX_Fintech

GOLD TRADING SCENARIO ON APRIL 11, 2024:

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
GOLD TRADING SCENARIO ON APRIL 11, 2024:

Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2338, then Buy Gold. TP hopes to reach 2348, which is further than 2363, but there is a condition that requires at 5:00 p.m. Gold closes above 2348, and vice versa. Gold closes below 2348, then exit Buy. redirect Sell to 2328. Sell orders at this time can be held until 7:00 p.m. Gold breaks through 2338, then continue to hold into the American session. If not, exit the Sell order and switch to Buy. Gold exits at 2338, then Sell will always keep the order into the American session until the destination. is 2328 , further than 2315 .

Strategy 2. From now until 11-12 a.m. when gold goes back up to 2348, Sell Gold will always reach 2336. The condition is that at 5 p.m., when gold closes below 2343, keep the Sell order and if it closes above 2345, take the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2363 - the further TP is 2375 and at 7:00 p.m. Gold is still not over 2353, then Sell Gold immediately and still break 2353, then keep the Buy order in the US session - TP 2364, further than 2373.

Strategy 3. From now until 2:00 p.m. gold runs in a small margin to confirm a close above 2343, then Buy Gold to the target price of 2358. The condition is that at 7:20 p.m., if it breaks past 2351, hold the Buy order and wait for the PPI message signal. At 2:00 p.m., confirming the close below 2243, Sell always holds until 19:20 and then waits for Gold to confirm the Price Range and then trade in the US session - ready for the PPI news.

NOTE: The analyzed price range may change slightly during price fluctuations, MN can be flexible. THIS IS A PERSONAL COMMENTARY THAT DOES NOT RECOMMEND INVESTMENT.
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