CTFX_Fintech

GOLD TRADING SCENARIO ON April 4, 2024:

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
GOLD TRADING SCENARIO ON April 4, 2024:

Strategy 1. From now until 11:00 a.m. - 12:00 p.m. Gold returns to 2296, then buy gold. TP hopes to reach 2303, which is further than 2316, but there are conditions when Gold closes above 2308 at 4:00 p.m. Otherwise, gold closes below 2308. Exit Buy and move to Sell to 2278. Sell orders at this time can be held until 7:00 p.m. Gold breaks through 2293, then continue to hold into the American session. Otherwise, exit the Sell order and move to Buy. If gold exits at 2293, Sell will always keep the order into the American session. destination is 2176, further 2255.

Strategy 2. From now until 11-12 a.m. when gold rises to 2308, the Sell Gold target will always reach 2293. The condition is that at 5 p.m., when gold closes below 2303, keep the Sell order and if it closes above 2303, take the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2316 - the further TP is 2332 and at 7:00 p.m. Gold is still not over 2308, then Sell Gold immediately and still break 2308, then keep the Buy order in the US session - TP 2318, further than 2332.

Strategy 3. From now until 13:00 - 14:00, gold runs in a small margin to confirm a close above 2298, then Buy Gold to the target price of 2308. The condition is that at 19:20, if it breaks past 2303, then hold, and if above, hold the order. At 2-3 p.m., confirming the close below 2303, Sell always hold until 7:20 p.m., 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.
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