CTFX_Fintech

GOLD TRADING SCENARIO ON April 23, 2024:

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
GOLD TRADING SCENARIO ON April 23, 2024:

Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2298, then Buy Gold immediately TP hopes to reach 2318, which is further than 2330, but there are conditions necessary at 5:00 p.m. Gold closes above 2306 and vice versa. Gold closes below 2306, then exit Buy and move Sell direction to 2288. Sell orders at this time can be held until 7:00 p.m. Gold breaks through 2303, then continue to hold into the American session. If not, exit the Sell order and switch to Buy. Gold exits at 2303, then Sell always hold the order into the American session until the destination is 2293 , beyond 2275 .

Strategy 2. From now until 11-12 a.m. when gold reaches 2315 again, Sell Gold will always reach 2293. The condition is that at 5 p.m., gold closes below 2308, keep the Sell order, and if it closes above 2308, take the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2318 - the further TP is 2330 and at 7:00 p.m. Gold is still not over 2313, then Sell Gold immediately and still break 2313, then keep the Buy order in the US session - TP 2323, further than 2338.

Strategy 3. From 12:00 to 14:00, gold runs in the sideway 2293 - 2318, confirming to close above 2396, then Buy Gold to the target price of 2308. The condition is that at 19:20, if it breaks through, hold the Buy order into the US session. At 2:00 p.m., confirming the close below 2318, 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.
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