**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)**

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### **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.

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### **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.

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### **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!**

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