XAUUSD 3/9 Day-trade Plan and Market Environment Recognition

This is weekly gold.

It closed as a bearish candle, but it did not fall below the previous week's open as a close, so it looks bottoming out.

However, since it could not clear the retracement high and moved in a sideways adjustment,
we expect Friday's rise to become part of wave Y, potentially leading to a decline.

We had hoped Friday's rise in the Tokyo market would be the initial move, but it moved in a near V shape,

and although payroll data rose, it did not break above the previous day's high.

For it to rise, it seems necessary to first move down.