GOLD TRADING SCENARIO ON April 5, 2024:
Strategy 1. From now until 11:00 a.m. - 12:00 p.m. Gold returns to 2268, then buy gold. TP hopes to reach 2276, which is further than 2293, but there are conditions when Gold closes above 2276 at 4:00 p.m. Otherwise, gold closes below 2276. Exit Buy and switch to Sell to 2258. Sell orders at this time can be held until 7:00 p.m. Gold breaks through 2273, then continue to hold into the American session. Otherwise, exit the Sell order and move to Buy. If gold exits at 2273, Sell will always keep the order into the American session. destination is 2156, further 2235.
Strategy 2. From now until 11-12 a.m. when gold goes back up to 2283, Sell Gold will always reach 2263. The condition is that at 5 p.m., gold closes below 2271, keep the Sell order and if it closes above 2271, take the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2283 - the further TP is 2302 and at 7:00 p.m. Gold is still not over 2283, then Sell Gold immediately and still break 2283, then keep the Buy order in the US session - TP 2298, further than 2313.
Strategy 3. From now until 13:00 - 14:00, gold runs in a small margin to confirm a close above 2273, then Buy Gold to the target price of 2288. The condition is that at 19:20, if it breaks past 2283, hold the Buy order and wait for the Nonfarm news signal. At 2-3 p.m., confirming the close below 2286, Sell always hold until 7:20 p.m., then wait for Gold to confirm the Price Range and then trade in the US session - ready for the Nonfarm 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.
Strategy 1. From now until 11:00 a.m. - 12:00 p.m. Gold returns to 2268, then buy gold. TP hopes to reach 2276, which is further than 2293, but there are conditions when Gold closes above 2276 at 4:00 p.m. Otherwise, gold closes below 2276. Exit Buy and switch to Sell to 2258. Sell orders at this time can be held until 7:00 p.m. Gold breaks through 2273, then continue to hold into the American session. Otherwise, exit the Sell order and move to Buy. If gold exits at 2273, Sell will always keep the order into the American session. destination is 2156, further 2235.
Strategy 2. From now until 11-12 a.m. when gold goes back up to 2283, Sell Gold will always reach 2263. The condition is that at 5 p.m., gold closes below 2271, keep the Sell order and if it closes above 2271, take the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2283 - the further TP is 2302 and at 7:00 p.m. Gold is still not over 2283, then Sell Gold immediately and still break 2283, then keep the Buy order in the US session - TP 2298, further than 2313.
Strategy 3. From now until 13:00 - 14:00, gold runs in a small margin to confirm a close above 2273, then Buy Gold to the target price of 2288. The condition is that at 19:20, if it breaks past 2283, hold the Buy order and wait for the Nonfarm news signal. At 2-3 p.m., confirming the close below 2286, Sell always hold until 7:20 p.m., then wait for Gold to confirm the Price Range and then trade in the US session - ready for the Nonfarm 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.
