🔔 GOLD INTRADAY TRADE SETUP (15-Minute Timeframe)
📈 Buy Setup:
Entry: Buy above the high of a 15-minute candle that closes above ₹3225.
Targets:
🎯 Target 1: ₹3235
🎯 Target 2: ₹3245
🎯 Target 3: ₹3255
Stop Loss: Place SL just below the breakout candle's low or a recent support level.
Trade Confirmation: Wait for a strong bullish candle close above ₹3225 with decent volume. Avoid premature entries.
📉 Sell Setup:
Entry: Sell below the low of a 15-minute candle that closes below ₹3193.
Targets:
🎯 Target 1: ₹3182
🎯 Target 2: ₹3172
🎯 Target 3: ₹3162
Stop Loss: Place SL just above the breakdown candle's high or a recent resistance level.
Trade Confirmation: Ensure a decisive candle closes below ₹3193 with clear bearish strength before entering.
⚠️ Risk Management & Notes:
Stick to your stop loss and position sizing rules.
Avoid trading during major economic events unless you're experienced.
This strategy works best in trending markets. Avoid in choppy zones.
📢 Disclaimer:
This analysis is for educational and informational purposes only. Trading in commodities, including gold, involves significant risk and may not be suitable for all investors. Please do your own research or consult a qualified financial advisor before making any trading decisions. The author is not responsible for any financial losses or gains that may occur.
📈 Buy Setup:
Entry: Buy above the high of a 15-minute candle that closes above ₹3225.
Targets:
🎯 Target 1: ₹3235
🎯 Target 2: ₹3245
🎯 Target 3: ₹3255
Stop Loss: Place SL just below the breakout candle's low or a recent support level.
Trade Confirmation: Wait for a strong bullish candle close above ₹3225 with decent volume. Avoid premature entries.
📉 Sell Setup:
Entry: Sell below the low of a 15-minute candle that closes below ₹3193.
Targets:
🎯 Target 1: ₹3182
🎯 Target 2: ₹3172
🎯 Target 3: ₹3162
Stop Loss: Place SL just above the breakdown candle's high or a recent resistance level.
Trade Confirmation: Ensure a decisive candle closes below ₹3193 with clear bearish strength before entering.
⚠️ Risk Management & Notes:
Stick to your stop loss and position sizing rules.
Avoid trading during major economic events unless you're experienced.
This strategy works best in trending markets. Avoid in choppy zones.
📢 Disclaimer:
This analysis is for educational and informational purposes only. Trading in commodities, including gold, involves significant risk and may not be suitable for all investors. Please do your own research or consult a qualified financial advisor before making any trading decisions. The author is not responsible for any financial losses or gains that may occur.
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.