GOLD TRADING SCENARIO ON April 16, 2024:
Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2373, then Buy Gold immediately. TP hopes to reach 2388, which is further than 2403, but there is a condition that requires at 5:00 p.m. Gold closes above 2393, and vice versa. Gold closes below 2393, then exit Buy and move. Sell direction to 2358. Sell orders at this time can be held until 7:00 p.m. Gold breaks through 2378, then continue to hold into the American session. If not, exit the Sell order and switch to Buy. Gold exits at 2378, then Sell always hold the order into the American session until the destination is 2358 , beyond 2326 .
Strategy 2. From now until 11-12 a.m. when gold rises to 2388 again, Sell Gold will always reach 2373. The condition is that at 5 p.m., gold closes below 2383, keep the Sell order and if it closes above 2383, take advantage of the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2393 - the further TP is 2415 and at 7:00 p.m. Gold is still not over 2393, then Sell Gold immediately and still break 2393, then keep the Buy order in the US session - TP 2402, further than 2413.
Strategy 3. From now until 2:00 p.m. gold runs in a small margin to confirm a close above 2373, then Buy Gold to the target price of 2398. The condition is that at 7:20 p.m., if it breaks past 2381, hold the Buy order in the American session. At 2:00 p.m., it is confirmed to close below 2393. Sell always hold until 19:20, then wait for Gold to confirm the price range and then trade in the US session.
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.
Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2373, then Buy Gold immediately. TP hopes to reach 2388, which is further than 2403, but there is a condition that requires at 5:00 p.m. Gold closes above 2393, and vice versa. Gold closes below 2393, then exit Buy and move. Sell direction to 2358. Sell orders at this time can be held until 7:00 p.m. Gold breaks through 2378, then continue to hold into the American session. If not, exit the Sell order and switch to Buy. Gold exits at 2378, then Sell always hold the order into the American session until the destination is 2358 , beyond 2326 .
Strategy 2. From now until 11-12 a.m. when gold rises to 2388 again, Sell Gold will always reach 2373. The condition is that at 5 p.m., gold closes below 2383, keep the Sell order and if it closes above 2383, take advantage of the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2393 - the further TP is 2415 and at 7:00 p.m. Gold is still not over 2393, then Sell Gold immediately and still break 2393, then keep the Buy order in the US session - TP 2402, further than 2413.
Strategy 3. From now until 2:00 p.m. gold runs in a small margin to confirm a close above 2373, then Buy Gold to the target price of 2398. The condition is that at 7:20 p.m., if it breaks past 2381, hold the Buy order in the American session. At 2:00 p.m., it is confirmed to close below 2393. Sell always hold until 19:20, then wait for Gold to confirm the price range and then trade in the US session.
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.
