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Tammy-trader
Mar 13, 2024 6:50 AM

Gold trade plan Mar13,2023 Short

Gold Spot (XAUUSD)FXOpen

Description

https://www.tradingview.com/chart/0rMKUP7J/

On March 13, 2024, the price of gold might go down because it dropped from its recent high of 2195 to around 2150-2155 on Tuesday, and the candlestick closed in red, suggesting it might continue to decrease. So, it's a good idea to sell.

Sell:

Sell when the price reaches 2165-2166, aiming to close at 2153.
Alternatively, sell at 2176-2178 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.
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