GOLD TRADING SCENARIO ON MAY 3, 2024:
Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2296, then Buy Gold right away. TP hopes to reach 2313, which is further than 2333, but there are conditions necessary at 6:00 p.m. Gold closes above 2308, and vice versa. Gold closes below 2308, then exit Buy and move. Sell direction to 2291. Sell orders at this time can be held until 20:00. 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 2398, then Sell always hold the order into the American session until the destination is 2288 , beyond 2276 .
Strategy 2. From now until 11-12 a.m. when gold rises to 2318, Sell Gold will always reach 2300. The condition is that at 6 p.m., gold closes below 2311, keep the Sell order, and if it closes above 2311, take the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2326 - the further TP is 2342 and at 20:00 Gold is still not over 2318, then Sell Gold immediately and still break 2318, then keep the Buy order in the US session - TP 2333, further than 2348.
Strategy 3. From 2:00 p.m. to 3:00 p.m., gold runs in the sideway 2298 - 2313, confirming to close above 2296, then Buy Gold to the target price of 2325. The condition is that at 20:20, if it breaks through 2308, hold the Buy order into the American session. At 2:00 p.m. - 3:00 p.m., confirmation of closing below 2313, Sell always holds until 2286. Gold confirms before 8:20 p.m. below 2300, then still holds the order to enter the American 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 2296, then Buy Gold right away. TP hopes to reach 2313, which is further than 2333, but there are conditions necessary at 6:00 p.m. Gold closes above 2308, and vice versa. Gold closes below 2308, then exit Buy and move. Sell direction to 2291. Sell orders at this time can be held until 20:00. 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 2398, then Sell always hold the order into the American session until the destination is 2288 , beyond 2276 .
Strategy 2. From now until 11-12 a.m. when gold rises to 2318, Sell Gold will always reach 2300. The condition is that at 6 p.m., gold closes below 2311, keep the Sell order, and if it closes above 2311, take the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2326 - the further TP is 2342 and at 20:00 Gold is still not over 2318, then Sell Gold immediately and still break 2318, then keep the Buy order in the US session - TP 2333, further than 2348.
Strategy 3. From 2:00 p.m. to 3:00 p.m., gold runs in the sideway 2298 - 2313, confirming to close above 2296, then Buy Gold to the target price of 2325. The condition is that at 20:20, if it breaks through 2308, hold the Buy order into the American session. At 2:00 p.m. - 3:00 p.m., confirmation of closing below 2313, Sell always holds until 2286. Gold confirms before 8:20 p.m. below 2300, then still holds the order to enter the American 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.
