📈✨ Gold Trading Setup (XAU/USD)
🔑 Buy Setup
✅ Buy above the high of the 1-hour candle if price closes above $3872
🎯 Targets: $3880,$3890,$3901,$3919,$3938
🔑 Sell Setup
✅ Sell below the low of the 1-hour candle if price closes below $3835
🎯 Targets:$3825,$3815,$3803,$3793,$3778
⚠️ Risk Management
Always use a Stop-Loss (SL) to protect capital.
Recommended SL for buys: just below $3865.
Recommended SL for sells: just above $3845.
Do not risk more than 1–2% of your capital per trade.
📌 Additional Notes
This setup is based on 1-hour candle close confirmation.
Patience is key – wait for the candle to close above/below levels before entering.
Manage trades by booking partial profits at each target 🎯 and trailing SL.
⚖️ Disclaimer
📌 This is not financial advice. Trading gold (XAU/USD), forex, or commodities involves significant risk and may not be suitable for all investors.
💰 Prices are highly volatile and can move quickly against your position.
🧾 Always do your own research (DYOR), consult with a professional financial advisor, and trade responsibly.
🔑 Buy Setup
✅ Buy above the high of the 1-hour candle if price closes above $3872
🎯 Targets: $3880,$3890,$3901,$3919,$3938
🔑 Sell Setup
✅ Sell below the low of the 1-hour candle if price closes below $3835
🎯 Targets:$3825,$3815,$3803,$3793,$3778
⚠️ Risk Management
Always use a Stop-Loss (SL) to protect capital.
Recommended SL for buys: just below $3865.
Recommended SL for sells: just above $3845.
Do not risk more than 1–2% of your capital per trade.
📌 Additional Notes
This setup is based on 1-hour candle close confirmation.
Patience is key – wait for the candle to close above/below levels before entering.
Manage trades by booking partial profits at each target 🎯 and trailing SL.
⚖️ Disclaimer
📌 This is not financial advice. Trading gold (XAU/USD), forex, or commodities involves significant risk and may not be suitable for all investors.
💰 Prices are highly volatile and can move quickly against your position.
🧾 Always do your own research (DYOR), consult with a professional financial advisor, 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.