💰 GOLD TRADING PLAN (INTRADAY STRATEGY)
🟢 BUY SETUP (Bullish Scenario)
📈 Condition to Enter (Buy Entry):
➡️ Wait for a 30-minute candle to close ABOVE $4035.
➡️ Once a candle closes above this level, look to buy above the high of that same candle.
💵 Example:
Suppose a 30-min candle closes at $4036, and its high is $4038.
Then your Buy Entry would be above $4038.
🎯 Target Levels:
🎯 1st Target: $4050
🎯 2nd Target: $4065
🎯 3rd Target: $4080
🛑 Stop-Loss (SL):
Place SL below the low of that 30-minute candle (for example, if the candle’s low is $4025, set SL around $4024–$4025).
🔴 SELL SETUP (Bearish Scenario)
📉 Condition to Enter (Sell Entry):
➡️ Wait for a 1-hour candle to close BELOW $3983.
➡️ Once a candle closes below this level, look to sell below the low of that same candle.
💵 Example:
Suppose a 1-hour candle closes at $3982, and its low is $3980.
Then your Sell Entry would be below $3980.
🎯 Target Levels:
🎯 1st Target: $3973
🎯 2nd Target: $3962
🎯 3rd Target: $3950
🛑 Stop-Loss (SL):
Place SL above the high of that 1-hour candle (for example, if the candle’s high is $3992, SL can be set around $3993–$3995).
⚖️ RISK MANAGEMENT (Must-Read for Beginners)
✅ Risk only 1–2% of your total capital per trade.
✅ Always use a stop-loss — never trade without it.
✅ Avoid entering both buy and sell trades at the same time.
✅ Track your trades in a journal to improve over time.
⚠️ DISCLAIMER
⚠️ This analysis is for educational and informational purposes only.
📊 It is not financial advice or a guarantee of profit.
💡 Always do your own research or consult a certified financial advisor before trading.
🚫 Trading in gold and financial markets involves risk of capital loss.
🟢 BUY SETUP (Bullish Scenario)
📈 Condition to Enter (Buy Entry):
➡️ Wait for a 30-minute candle to close ABOVE $4035.
➡️ Once a candle closes above this level, look to buy above the high of that same candle.
💵 Example:
Suppose a 30-min candle closes at $4036, and its high is $4038.
Then your Buy Entry would be above $4038.
🎯 Target Levels:
🎯 1st Target: $4050
🎯 2nd Target: $4065
🎯 3rd Target: $4080
🛑 Stop-Loss (SL):
Place SL below the low of that 30-minute candle (for example, if the candle’s low is $4025, set SL around $4024–$4025).
🔴 SELL SETUP (Bearish Scenario)
📉 Condition to Enter (Sell Entry):
➡️ Wait for a 1-hour candle to close BELOW $3983.
➡️ Once a candle closes below this level, look to sell below the low of that same candle.
💵 Example:
Suppose a 1-hour candle closes at $3982, and its low is $3980.
Then your Sell Entry would be below $3980.
🎯 Target Levels:
🎯 1st Target: $3973
🎯 2nd Target: $3962
🎯 3rd Target: $3950
🛑 Stop-Loss (SL):
Place SL above the high of that 1-hour candle (for example, if the candle’s high is $3992, SL can be set around $3993–$3995).
⚖️ RISK MANAGEMENT (Must-Read for Beginners)
✅ Risk only 1–2% of your total capital per trade.
✅ Always use a stop-loss — never trade without it.
✅ Avoid entering both buy and sell trades at the same time.
✅ Track your trades in a journal to improve over time.
⚠️ DISCLAIMER
⚠️ This analysis is for educational and informational purposes only.
📊 It is not financial advice or a guarantee of profit.
💡 Always do your own research or consult a certified financial advisor before trading.
🚫 Trading in gold and financial markets involves risk of capital loss.
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.
