Ouro/Dólar Americano
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GOLD TRADING SCENARIO ON 08/16/2024:

GOLD TRADING SCENARIO ON 08/16/2024:

Strategy 1. From now until 11am-1pm, Gold returns to 2443, then Buy Gold immediately. TP expects to reach 2451, further than 2368, but there is a condition that at 6pm, Gold closes above 2448, otherwise, Gold closes below 2448, then exit Buy and switch to Sell to 2428. The Sell order can be held until 8pm. If Gold breaks through 2433, then continue to hold into the US session. Otherwise, exit the Sell order and switch to Buy. If Gold breaks out of the price of 22433, Sell will always hold the order into the US session to the destination of 2412, further than 2398.

Strategy 2. From now until 11-13h gold goes up to 2468 then Sell Gold always with the target being 2448. The condition is that at 18h gold closes below 2456 then keep the Sell order, if it closes above 2456 then take the opportunity to exit the Sell order and switch to Buy Gold to the target price of 2471 - TP further is 2485 and at 20h gold still does not go over 2471 then Sell Gold immediately and if it breaks 2471 then keep the Buy order in the US session - TP 2486, further 2503.

NOTE: The analyzed price range may change slightly during price fluctuations, MN can be flexible. THIS IS A PERSONAL OPINION, NOT RECOMMENDED FOR INVESTMENT.
Nota
Gold increased strongly according to analysis after breaking the price range of 2471 and take profit at 2503

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