📈 Gold Trade Plan – Intraday Levels
💰 Buy Setup
✅ Condition: Enter Buy only if price closes above the High of the 1-Hour Candle and remains above $3362.
🎯 Targets:
$3372 🥇
$3382 🥈
$3392 🥉
📌 Example:
Suppose a 1-hour candle forms with a high of $3362 and the price closes above this level (e.g., at $3364). This confirms bullish momentum, and you may place a buy order targeting the given levels.
📉 Sell Setup
✅ Condition: Enter Sell only if price closes below the Low of the 15-Minute Candle and stays below $3345.
🎯 Targets:
$3335 🥇
$3325 🥈
$3315 🥉
📌 Example:
Suppose a 15-minute candle forms with a low of $3345 and the price closes below this level (e.g., at $3343). This confirms bearish momentum, and you may initiate a short trade aiming for the given targets.
📝 Tips for Execution
Wait for the candle to close before taking action — avoid premature entries.
Keep a Stop Loss slightly below the buy entry candle low (for buys) or above the sell entry candle high (for sells).
Avoid placing trades when market movement is sideways or in low volume conditions.
⚠ Disclaimer:
This trade setup is for educational purposes only and is not financial advice. Trading commodities, currencies, and stocks carries significant risk. You can lose more than your initial investment. Past results are not indicative of future performance. Always do your own analysis before trading.
💰 Buy Setup
✅ Condition: Enter Buy only if price closes above the High of the 1-Hour Candle and remains above $3362.
🎯 Targets:
$3372 🥇
$3382 🥈
$3392 🥉
📌 Example:
Suppose a 1-hour candle forms with a high of $3362 and the price closes above this level (e.g., at $3364). This confirms bullish momentum, and you may place a buy order targeting the given levels.
📉 Sell Setup
✅ Condition: Enter Sell only if price closes below the Low of the 15-Minute Candle and stays below $3345.
🎯 Targets:
$3335 🥇
$3325 🥈
$3315 🥉
📌 Example:
Suppose a 15-minute candle forms with a low of $3345 and the price closes below this level (e.g., at $3343). This confirms bearish momentum, and you may initiate a short trade aiming for the given targets.
📝 Tips for Execution
Wait for the candle to close before taking action — avoid premature entries.
Keep a Stop Loss slightly below the buy entry candle low (for buys) or above the sell entry candle high (for sells).
Avoid placing trades when market movement is sideways or in low volume conditions.
⚠ Disclaimer:
This trade setup is for educational purposes only and is not financial advice. Trading commodities, currencies, and stocks carries significant risk. You can lose more than your initial investment. Past results are not indicative of future performance. Always do your own analysis before trading.
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.