GOLD TRADING SCENARIO ON MAY 14, 2024:
Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2232, then Buy Gold immediately TP hopes to reach 2348, which is further than 2363, but there is a condition that requires at 6:00 p.m. Gold closes above 2343 and vice versa. Gold closes below 2343, then exit Buy and move Sell direction to 2323. Sell orders at this time can be held until 8:00 p.m. Gold breaks through 2337, then continue to hold into the American session. If not, exit the Sell order and switch to Buy. Gold exits at 2337, then Sell always hold the order into the American session until the destination is 2321 , beyond 2303 .
Strategy 2. From now until 11-12 a.m. when gold rises to 2352 again, Sell Gold will always reach 2323. The condition is that at 6 p.m., gold closes below 2343, keep the Sell order, and if it closes above 2343, take the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2361 - the further TP is 2376 and at 20:00 Gold is still not over 2343, then Sell Gold immediately and still break 2343 then keep the Buy order in the US session - TP 2356, further than 2378.
Strategy 3. From 2:00 p.m. - 3:00 p.m., gold runs in the sideway 2338 - 2348, confirming to close above 2338, then Buy Gold to the target price of 2368. The condition is that at 8:20 p.m., if it breaks through 2356, hold the Buy order into the US session. At 14:00 - 15:00, if confirmed to close below 2348, Sell will always hold until 2326. When Gold confirms before 20:20 below, the order will still be kept 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.
Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2232, then Buy Gold immediately TP hopes to reach 2348, which is further than 2363, but there is a condition that requires at 6:00 p.m. Gold closes above 2343 and vice versa. Gold closes below 2343, then exit Buy and move Sell direction to 2323. Sell orders at this time can be held until 8:00 p.m. Gold breaks through 2337, then continue to hold into the American session. If not, exit the Sell order and switch to Buy. Gold exits at 2337, then Sell always hold the order into the American session until the destination is 2321 , beyond 2303 .
Strategy 2. From now until 11-12 a.m. when gold rises to 2352 again, Sell Gold will always reach 2323. The condition is that at 6 p.m., gold closes below 2343, keep the Sell order, and if it closes above 2343, take the opportunity to exit the Sell order and switch to Buy Gold at the price. The target is 2361 - the further TP is 2376 and at 20:00 Gold is still not over 2343, then Sell Gold immediately and still break 2343 then keep the Buy order in the US session - TP 2356, further than 2378.
Strategy 3. From 2:00 p.m. - 3:00 p.m., gold runs in the sideway 2338 - 2348, confirming to close above 2338, then Buy Gold to the target price of 2368. The condition is that at 8:20 p.m., if it breaks through 2356, hold the Buy order into the US session. At 14:00 - 15:00, if confirmed to close below 2348, Sell will always hold until 2326. When Gold confirms before 20:20 below, the order will still be kept 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.
