CTFX_Fintech

TRADING STRATEGY ON MARCH 6, 2024:

Short
CTFX_Fintech Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
TRADING STRATEGY ON MARCH 6, 2024:

Strategy 1. From now until 10am - 11am VN (03.00 - 04.00 UTC) Gold does not break out of 2123, this price range can BUY Gold, target price is 2136. Gold waits at 13.00 - 14.00 VN (06.00 - 07.00 UTC) before the session Euro Gold has not yet reached the 2136 area, so it is reversing to SELL Gold right now, the price target at this time is 2113 and Takeprofit expects a closer point to be 2096. The condition to hold SELL Gold is at 5:00 p.m. - 6:00 p.m. Vietnam (10:00 - 11:00 UTC). Gold closes the H1 candle below 2128, then proactively issue a SELL Gold order and change the trend to Buy Gold to the target price of 2140 at 20:20 Vietnam without gold breaking the trend. With the old peak at 2142, proactively go out with a Buy Gold order and switch to a strong SELL Gold target price to take profit at 2113. If at this time Gold closes above the 2142 area, keep the buy order, the target price is 2170.

Strategy 2. From now until 10am - 11am Vietnam (03.00 - 04.00 UTC) gold breaks through 2123, actively SELL Gold to target price of 2118, continue to monitor this time 13h - 14h Vietnam (06.00 - 07.00 UTC) later Then BUY Gold again and wait for the Takeprofit target price of 2148 to be closest and further to 2170. The condition for holding a BUY Gold order is at 5:00 p.m. - 6:00 p.m. Vietnam (10.00-11.00 UTC). Gold closes the H1 candlestick and will consider the old Sideway price range of 2128. At this time, if Gold does not close the candlestick above 2128, then proactively exit the Buy Gold order to switch to SELL Gold and wait for the profit taking price range of 2095. After this time, keep your order in the US session. On the contrary, Gold closes at the price of 2128. Hold the BUY Gold order until 8:20 p.m. When Vietnam closes the price candlestick at 2138, then exit the BUY Gold order to switch to SELL Gold and keep the SELL order in the US session and wait for APD Nonfarm.
Comment:
Gold increased to 2130, the trend continues to increase
Comment:
DONE 2140
Comment:
GOLD BREAKS THE OLD BLOCK OF 2142, SO MN WAITS FOR A NEW PRICE AREA THE POSSIBILITY OF GOLD CONTINUES TO INCREASE STRONGLY!!
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