CTFX_Fintech

GOLD TRADING SCENARIO ON April 10, 2024:

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
GOLD TRADING SCENARIO ON April 10, 2024:

Strategy 1. From now until 11:00 a.m. - 12:00 p.m. Gold returns to 2338, then buy gold. TP hopes to reach 2348, which is further than 2363, but there are conditions when Gold closes above 2358 at 4:00 p.m. Otherwise, gold closes below 2358. Exit Buy and move to Sell to 2338. Sell orders at this time can be held until 7:00 p.m. Gold breaks through 2343, then continue to hold into the American session. Otherwise, exit the Sell order and move to Buy. If gold exits at 2351, Sell will always keep the order into the American session. destination is 2338, further 2315.

Strategy 2. From now until 11-12 a.m. when gold goes back up to 2363, Sell Gold will always reach 2343. The condition is that at 5 p.m., when gold closes below 2348, keep the Sell order and if it closes above 2351, 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 2358, then Sell Gold immediately and still break 2358, then keep the Buy order in the US session - TP 2364, further than 2373.

Strategy 3. From now until 13:00 - 14:00, gold runs in a small margin to confirm a close above 2338, then Buy Gold to the target price of 2358. The condition is that at 19:20, if it breaks through 2351, hold the Buy order and wait for the Core CPI news signal. . At 13-14:00, if confirmed to close below 2258, Sell always hold until 19:20, then wait for Gold to confirm the Price Range and then trade in the US session - ready for the CPI 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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