XAUUSD 3/10 Day Trade Plan

Although it declined yesterday, it did not continue to fall and formed a shape that resembles a W bottom against the $5,000 level.

If it breaks above the previous day’s high, the downside scenario will be eliminated.

Today's trading plan is

1) From the current consolidation, a five-wave ending diagonal is forming, and if it does not move above the previous day’s high,

and it breaks below the rising line, go short

The target is 4,930