XAUUSD 10 March 2020 Daily trading strategy (15mins chart)
Updated
The XAUUSD is expected to finish the round top shape in 15 mins chart.
In the recent candles, it seems the support on the price at 1650 is effective.
In days, it is expected that the price will go t challenge 1680 again, if fail, it is possible go down the range between 1610-1620.
Looking forward if there is enough support on uptrend (the green one ).
For short position, It is suggested that a sell limit order can be placed on 1670, stop loss above around 1680, if the price break down 1650 sharply, suggest to sell at market price, take profit can be consider around 1620.
In the recent candles, it seems the support on the price at 1650 is effective.
In days, it is expected that the price will go t challenge 1680 again, if fail, it is possible go down the range between 1610-1620.
Looking forward if there is enough support on uptrend (the green one ).
For short position, It is suggested that a sell limit order can be placed on 1670, stop loss above around 1680, if the price break down 1650 sharply, suggest to sell at market price, take profit can be consider around 1620.
Trade closed: target reached
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