Gold Trading Strategy for 18th August 2025

📌 Gold Intraday Plan – One-Hour Breakout Strategy

🟢 BUY Setup (Bullish Scenario)
💡 Wait for a one-hour candle to close above $3349.
Once the candle closes above $3349:

✅ Enter BUY position above the high of that breakout candle
🎯 Target 1: $3361
🎯 Target 2: $3374
🎯 Target 3: $3390
🔒 Stop Loss: Place the stop just below the low of the breakout candle that initiated the move

📈 Example Logic (Bullish case)

If the 1h candle closes at $3351 with a high of $3353 → place a buy stop at $3353 → then target the three levels sequentially ($3361 / $3374 / $3390).
Trail your stop-loss after each target is reached to lock in profit ✅

✨ Additional Bullish Confirmation Points
Rising one-hour RSI 🔼
Increasing volume 📊 on the breakout
Price sustaining above $3349 without aggressive rejection

🔻 SELL Setup (Bearish Scenario)
💡 Wait for a one-hour candle to close below $3329.
Once the candle closes below $3329:
❌ Enter SELL position below the low of that breakdown candle
🎯 Target 1: $3319
🎯 Target 2: $3305
🎯 Target 3: $3290
🔒 Stop Loss: Place the stop just above the high of the breakdown candle

📉 Example Logic (Bearish case)

If the 1h candle closes at $3325 with a low of $3323 → place a sell stop at $3323 → then approach targets one by one ($3319 / $3305 / $3290).
Trail the stop-loss down after each target is hit for capital protection 🔐

✨ Additional Bearish Confirmation Points
Dropping one-hour RSI 🔽
Significant increase in sell volume 📉
Continuous rejection of $3329 as resistance after breakdown 🔁

⚠️ Important Notes for Both Directions
💼 Trade only after candle CLOSES (no early entries on wicks)
⏱ Plan is valid for regular London & New York sessions

🔄 Avoid taking both long and short in sideways/low volume range
📌 Use a disciplined approach — respect stop loss and trail accordingly