CTFX_Fintech

GOLD TRADING STRATEGY ON March 21, 2024:

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
GOLD TRADING STRATEGY ON March 21, 2024:

Strategy 1. From now until 11:00 a.m. - 12:00 p.m. Gold returns to 2193, then buy gold. TP hopes to reach 2212 further than 2223, but there are conditions when Gold closes above 2208 at 4:00 p.m. Otherwise, gold closes below 2208. Exit Buy and move to Sell to 2188. At this time, you can hold until 7:00 p.m. Gold breaks through 2203, then continue to hold into the American session. If not, exit the Buy order and move to Sell. If gold does not break past 2203, Buy always keep the order into the American session until the end. is 2218 .

Strategy 2. From now until 11-12 o'clock, gold will return to 2193, then Sell Gold will always target 2173. The condition is that at 5:00 p.m., gold closes below 2188, keep the Sell order, and if it closes above 2188, take the opportunity to exit the Sell order and move to Buy Gold. Target price is 2206 - The further TP is 2223 and at 7:00 p.m. Gold is still not over 2208, then Sell Gold immediately and still break 2208, then keep the Buy order in the US session - TP 2223 is further than 2250

Strategy 3. From now until 14-15:00, gold runs in a small margin to confirm a close above 2198. Buy Gold to the target price of 2213. The condition is that at 18:00, if you break through 2208, hold the order. At 2-3 p.m., confirming the close below 2208, Sell always hold until 7:20 p.m., then wait for Gold to confirm the Price Range and then trade in the US session.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.