Tammy-trader

Gold trade plan March15,2024

Short
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
On March 13, 2024, the price of gold might go down because it dropped from its recent high of 2180 to around 2150-2155 , Yesterday the price down from 2170 to 2153 (It was lower high)

Sell

Sell when the price reaches 2170-72https://www.tradingview.com/chart/0rMKUP7J/ , Target to close at 2160
Alternatively, sell at 2177-78 with a target of 2166


Buy:

If the price drops to 2152-2155, consider buying and aim to sell at 2161.
Or, if it falls further to 2143-2140, buy and target to sell at 2155.
Make sure to be careful when opening positions and use stop-loss to control risks. Adjust your trading plan based on market conditions.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.