Hello,
here is my own opinion when creating a weekly trading plan
for March 14 -18, 2016 base on Support and Resistance.
1282 is current Resistance as key breakout to upside follow Resistance above.
and 1227 is a sign XAUUSD want to break to downside.
I sold XAU/USD at 1263 when pushing breakdown, and sold at 1259 after bounced from 1254.
I also attached this trading plan as a template below.
Off course, this is not a trading recommendation.
If you use it then that is at your own risk :)
Regards.
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