XAUUSD 3/11 Day-trade Plan

The assumed scenario is two opposite extremes

Since the correction ascent did not extend with a 1-1 ratio of the C-wave, the downward scenario is set as the primary assumption

If C-4 breaks below the 5150 zone, we will target a short position.

The 5150 zone is a place where a rebound will occur for now; we will aim for a long position here. If we cannot break above yesterday's high and it stalls around 5213,

we will exit the long and switch to a selling strategy.