๐ Gold Intraday Trading Plan
๐ Timeframe: 15-Minute Candle Strategy
๐ข Buy Setup (Long Trade)
โ Condition: Enter only if a 15-min candle closes above โน3878
๐ฏ Targets:
โน3889
โน3899
โน3905
๐ Stop Loss: Place below the candle low that gave the breakout
๐ก Explanation
Wait for a 15-minute candle to fully close above 3878.
Do not enter if the price just spikes above โ wait for the close to confirm.
Once confirmed, buy with the targets mentioned.
๐ด Sell Setup (Short Trade)
โ Condition: Enter only if a 15-min candle closes below โน3853
๐ฏ Targets:
โน3842
โน3831
โน3823
๐ Stop Loss: Place above the candle high that gave the breakdown
๐ก Explanation
Wait for the candle to close below 3853 before selling.
Enter only after confirmation, not during the dip.
Keep stop loss strict to protect capital.
โ๏ธ Key Notes
โณ Be patient โ confirmation matters more than speed.
๐ Always use stop loss โ never trade without it.
๐ Risk only a small portion of your capital (1โ2%).
Record your trades and review them daily.
โ ๏ธ Disclaimer
This is educational information only and not financial advice. Trading in gold or any market involves risk of capital loss. Please consult your financial advisor before making any investment or trading decisions.
๐ Timeframe: 15-Minute Candle Strategy
๐ข Buy Setup (Long Trade)
โ Condition: Enter only if a 15-min candle closes above โน3878
๐ฏ Targets:
โน3889
โน3899
โน3905
๐ Stop Loss: Place below the candle low that gave the breakout
๐ก Explanation
Wait for a 15-minute candle to fully close above 3878.
Do not enter if the price just spikes above โ wait for the close to confirm.
Once confirmed, buy with the targets mentioned.
๐ด Sell Setup (Short Trade)
โ Condition: Enter only if a 15-min candle closes below โน3853
๐ฏ Targets:
โน3842
โน3831
โน3823
๐ Stop Loss: Place above the candle high that gave the breakdown
๐ก Explanation
Wait for the candle to close below 3853 before selling.
Enter only after confirmation, not during the dip.
Keep stop loss strict to protect capital.
โ๏ธ Key Notes
โณ Be patient โ confirmation matters more than speed.
๐ Always use stop loss โ never trade without it.
๐ Risk only a small portion of your capital (1โ2%).
Record your trades and review them daily.
โ ๏ธ Disclaimer
This is educational information only and not financial advice. Trading in gold or any market involves risk of capital loss. Please consult your financial advisor before making any investment or trading decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.