Złoto / Dolar USA
Short

GOLD TRADING SCENARIO ON 08/21/2024:

GOLD TRADING SCENARIO ON 08/21/2024:

Strategy 1. From now until 10am-12pm, Gold returns to 2503, then Buy Gold immediately. TP expects to reach 2513, further than 2533, but there is a condition that at 6pm, Gold closes above 2513, otherwise, Gold closes below 2513, then exit Buy and switch to Sell to price 2498. Sell orders can be held until 8pm. Gold breaks through 2505, then continue to hold into the US session. Otherwise, exit Sell orders and switch to Buy. Gold breaks out of price 2505, then Sell always holds orders into the US session to the destination of 2481, further than 2463.

Strategy 2. From now until 10-12 o'clock, gold will rise to 2523 again, then Sell Gold, the target is always 2500. The condition is that at 6 o'clock, gold closes below 2513, then keep the Sell order, and if it closes above 2513, then take the opportunity to exit the Sell order and switch to Buy Gold to the target price of 2521 - the further TP is 2538 and at 8 o'clock, Gold still does not exceed 2521, then Sell Gold right when the H1 candle closes, and if it breaks 2521, then keep the Buy order in the US session - TP 2533, further 2541.

NOTE: The analyzed price range may change slightly during price fluctuations, MN can be flexible. THIS IS A PERSONAL OPINION, NOT RECOMMENDED FOR INVESTMENT.

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