#XAUUSD Plan trading for Monday

17 mar

#XAUUSD Plan trading for Monday

There will be no news tomorrow, so if there is no GAP, gold will stay sideways and continue to compress, waiting for FOMC news this week.

The yellow H1 frame is compressing with a decreasing top and unchanged bottom. Manage capital, always set stop loss until gold breaks then I will review, I expect gold to fall to 211x this week

Trading plan for Monday:

Buy Zone: 2144/2141 and 2034/2031
Sell Zone: 2166/2068 and 2179/2181 (if 2068 breaks, the trendline breaks down, wait for 2079)

The plan I give you is for your reference, remember to manage your capital ^^