๐ GOLD (
XAUUSD) โ 15-Minute Candle Strategy
Track the 15-minute candle closely. Wait for the candle to close and take action based on the breakout or breakdown of that candle.
๐ข BUY SETUP โ Bullish Breakout
โ Buy above the High of the 15-minute candle if it closes above $3341
๐ This indicates strong momentum. Confirm breakout before entering the trade.
๐ฏ Targets:
๐ฏ 1st Target: $3356
๐ฏ 2nd Target: $3367
๐ฏ 3rd Target: $3378
๐ก๏ธ Suggested Stop Loss: Below $3330 (or below the 15-min candle low)
๐ด SELL SETUP โ Bearish Breakdown
โ Sell below the Low of the 15-minute candle if it closes below $3311
๐ This signals bearish strength. Confirm the breakdown before entering short.
๐ฏ Targets:
๐ฏ 1st Target: $3301
๐ฏ 2nd Target: $3291
๐ฏ 3rd Target: $3278
๐ก๏ธ Suggested Stop Loss: Above $3320 (or above the 15-min candle high)
โ ๏ธ Disclaimer:
๐ This trading setup is for educational purposes only and should not be considered financial advice.
๐ Please conduct your own technical analysis or consult a licensed financial advisor before making trading decisions.
๐ Trading involves substantial risk, and past performance is not indicative of future results. Always use strict risk management and trade responsibly.
Track the 15-minute candle closely. Wait for the candle to close and take action based on the breakout or breakdown of that candle.
๐ข BUY SETUP โ Bullish Breakout
โ Buy above the High of the 15-minute candle if it closes above $3341
๐ This indicates strong momentum. Confirm breakout before entering the trade.
๐ฏ Targets:
๐ฏ 1st Target: $3356
๐ฏ 2nd Target: $3367
๐ฏ 3rd Target: $3378
๐ก๏ธ Suggested Stop Loss: Below $3330 (or below the 15-min candle low)
๐ด SELL SETUP โ Bearish Breakdown
โ Sell below the Low of the 15-minute candle if it closes below $3311
๐ This signals bearish strength. Confirm the breakdown before entering short.
๐ฏ Targets:
๐ฏ 1st Target: $3301
๐ฏ 2nd Target: $3291
๐ฏ 3rd Target: $3278
๐ก๏ธ Suggested Stop Loss: Above $3320 (or above the 15-min candle high)
โ ๏ธ Disclaimer:
๐ This trading setup is for educational purposes only and should not be considered financial advice.
๐ Please conduct your own technical analysis or consult a licensed financial advisor before making trading decisions.
๐ Trading involves substantial risk, and past performance is not indicative of future results. Always use strict risk management and trade responsibly.
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.