Gold Trading Strategy for 16th July 2025

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๐Ÿ“ˆ GOLD (XAU/USD) INTRADAY TRADE SETUP โ€“ JULY 16, 2025
๐ŸŸข BUY SETUP โ€“ BULLISH BREAKOUT
๐Ÿ”น Entry:
Buy only if 1-Hour Candle closes above 3344

๐Ÿ”น Confirmation:
Wait for a strong bullish 1H candle close (with volume if possible).

๐ŸŽฏ Targets:

Target 1: 3350 ๐Ÿฅ‡

Target 2: 3363 ๐Ÿฅˆ

Target 3: 3374 ๐Ÿฅ‰

๐Ÿ›ก๏ธ Stop Loss:
Below 3330 or the candle low that breaks above 3344.

โš ๏ธ Tip: Avoid buying near resistance without a proper breakout candle. Look for a retest for safer entry.

๐Ÿ”ด SELL SETUP โ€“ BEARISH BREAKDOWN
๐Ÿ”น Entry:
Sell only if 15-Minute Candle closes below 3311

๐Ÿ”น Confirmation:
Ensure strong bearish momentum and clean breakdown below 3311.

๐ŸŽฏ Targets:

Target 1: 3300 ๐Ÿšฉ

Target 2: 3290 ๐Ÿšฉ

Target 3: 3278 ๐Ÿšฉ

๐Ÿ›ก๏ธ Stop Loss:
Above 3320 or high of the breakdown candle.

โš ๏ธ Tip: Best results come during high-volume periods like NY session.

๐Ÿ“Œ TRADE MANAGEMENT TIPS
โš–๏ธ Use proper position sizing (1-2% of capital per trade).

โฐ Stick to key market hours for execution (London/US overlap).

๐Ÿ“Š Use TradingView for precise candle close tracking.

๐Ÿง˜ Donโ€™t chase the trade if entry level is missed. Wait for the next signal.

โš ๏ธ DISCLAIMER
๐Ÿ“‰ Trading in commodities like Gold (XAU/USD) involves significant risk. The above setup is for educational and informational purposes only.

๐Ÿ’ผ Past performance is not indicative of future results. Always consult with a certified financial advisor before making any trading decisions.

โŒ We are not liable for any loss or damage arising from reliance on this setup.

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