**Gold Spot (XAU/USD) Trading Plan – March 2025**
### **Gold Spot (XAU/USD) Trading Plan – March 2025**
#### **Market Overview**
- **Trend**: Strong uptrend based on **BB 104 0.1**, as the price remains above the **upper band** of BB 104 0.1.
- **Current Position**: The price recently pulled back from its recent high and is currently stabilizing near the middle of BB 20 0.2.
- **Key Levels**:
- **Resistance**: **UB1 (2,928.97 USD)**
- **Support**: **MB (2,904.10 USD)** and **LB1 (2,879.23 USD)**
- **Major Uptrend Support**: **BB 104 0.1 (2,733.66 - 2,712.76 USD)**
---
### **Long (L) Strategy**
📌 **Entry Plan**
- Look for a **bounce from MB (2,904.10 USD)** or **LB1 (2,879.23 USD)** with bullish confirmation.
- If the price tests **BB 104 0.1 (2,733.66 - 2,712.76 USD)** and shows strength, consider **scaling in** for a long-term hold.
🎯 **Exit Plan**
- **Primary target**: **UB1 (2,928.97 USD)** – partial profit-taking if the price approaches this level.
- **Extended target**: If price breaks above UB1, hold for continuation toward **new highs**.
🛑 **Stop Loss**
- If price breaks below **BB 104 0.1**, the long position is invalid.
---
### **Short (S) Strategy**
⚠ **Caution**: Since the market is in a strong uptrend, short positions should be taken with strict risk management.
📌 **Entry Plan**
- Look for **rejection at UB1 (2,928.97 USD)** with bearish confirmation (e.g., wicks or strong bearish candles).
- A short-term short trade is possible if the price fails to reclaim **MB (2,904.10 USD)** and starts trending downward.
🎯 **Exit Plan**
- **First target**: LB1 (2,879.23 USD) – take profits or tighten stop loss.
- **Final target**: If momentum continues downward, look for support near **BB 104 0.1 (2,733.66 - 2,712.76 USD)**.
🛑 **Stop Loss**
- If the price closes above **UB1 (2,928.97 USD)**, exit the short position immediately.
---
### **Final Thoughts**
✅ **Bullish bias remains dominant** – focus on **long positions** unless clear reversal signals appear.
✅ **Short trades should be tactical**, with quick profit-taking and tight stops.
✅ **Monitor momentum and volume** for confirmation before entering any trade.
📊 **Stay disciplined & manage risk wisely!**
#XAUUSD #GoldTrading #TechnicalAnalysis #Forex
#### **Market Overview**
- **Trend**: Strong uptrend based on **BB 104 0.1**, as the price remains above the **upper band** of BB 104 0.1.
- **Current Position**: The price recently pulled back from its recent high and is currently stabilizing near the middle of BB 20 0.2.
- **Key Levels**:
- **Resistance**: **UB1 (2,928.97 USD)**
- **Support**: **MB (2,904.10 USD)** and **LB1 (2,879.23 USD)**
- **Major Uptrend Support**: **BB 104 0.1 (2,733.66 - 2,712.76 USD)**
---
### **Long (L) Strategy**
📌 **Entry Plan**
- Look for a **bounce from MB (2,904.10 USD)** or **LB1 (2,879.23 USD)** with bullish confirmation.
- If the price tests **BB 104 0.1 (2,733.66 - 2,712.76 USD)** and shows strength, consider **scaling in** for a long-term hold.
🎯 **Exit Plan**
- **Primary target**: **UB1 (2,928.97 USD)** – partial profit-taking if the price approaches this level.
- **Extended target**: If price breaks above UB1, hold for continuation toward **new highs**.
🛑 **Stop Loss**
- If price breaks below **BB 104 0.1**, the long position is invalid.
---
### **Short (S) Strategy**
⚠ **Caution**: Since the market is in a strong uptrend, short positions should be taken with strict risk management.
📌 **Entry Plan**
- Look for **rejection at UB1 (2,928.97 USD)** with bearish confirmation (e.g., wicks or strong bearish candles).
- A short-term short trade is possible if the price fails to reclaim **MB (2,904.10 USD)** and starts trending downward.
🎯 **Exit Plan**
- **First target**: LB1 (2,879.23 USD) – take profits or tighten stop loss.
- **Final target**: If momentum continues downward, look for support near **BB 104 0.1 (2,733.66 - 2,712.76 USD)**.
🛑 **Stop Loss**
- If the price closes above **UB1 (2,928.97 USD)**, exit the short position immediately.
---
### **Final Thoughts**
✅ **Bullish bias remains dominant** – focus on **long positions** unless clear reversal signals appear.
✅ **Short trades should be tactical**, with quick profit-taking and tight stops.
✅ **Monitor momentum and volume** for confirmation before entering any trade.
📊 **Stay disciplined & manage risk wisely!**
#XAUUSD #GoldTrading #TechnicalAnalysis #Forex
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.
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.