GOLD (XAU/USD) INTRADAY TRADE PLAN 💰✨
Buy Setup – Bullish Opportunity 📈💵
Entry: Buy Gold (XAU/USD) above $3,386 (only after a 1-hour candle closes above this level).
Targets:
$3,395 🎯
$3,406 🎯
$3,419 🎯
Stop Loss: Below $3,380 (or below the breakout candle’s low).
Logic:
A 1-hour candle close above $3,386 indicates bullish momentum.
Breaking this resistance zone may trigger short-covering and attract new buyers.
First target ($3,395) is the immediate resistance, while higher targets ($3,406 and $3,419) align with the next price supply zones.
Sell Setup – Bearish Opportunity 📉💵
Entry: Sell Gold (XAU/USD) below $3,363 (only after a 1-hour candle closes below this level).
Targets:
$3,350 🎯
$3,338 🎯
$3,325 🎯
Stop Loss: Above $3,370 (or above the breakdown candle’s high).
Logic:
A 1-hour candle close below $3,363 shows bearish momentum.
A breakdown can accelerate selling pressure, targeting the next demand zones around $3,350–$3,325.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading in commodities, indices, or forex involves high risk, and you should trade with proper risk management. Past performance does not guarantee future results. Consult your financial advisor before making any trading decisions.
Buy Setup – Bullish Opportunity 📈💵
Entry: Buy Gold (XAU/USD) above $3,386 (only after a 1-hour candle closes above this level).
Targets:
$3,395 🎯
$3,406 🎯
$3,419 🎯
Stop Loss: Below $3,380 (or below the breakout candle’s low).
Logic:
A 1-hour candle close above $3,386 indicates bullish momentum.
Breaking this resistance zone may trigger short-covering and attract new buyers.
First target ($3,395) is the immediate resistance, while higher targets ($3,406 and $3,419) align with the next price supply zones.
Sell Setup – Bearish Opportunity 📉💵
Entry: Sell Gold (XAU/USD) below $3,363 (only after a 1-hour candle closes below this level).
Targets:
$3,350 🎯
$3,338 🎯
$3,325 🎯
Stop Loss: Above $3,370 (or above the breakdown candle’s high).
Logic:
A 1-hour candle close below $3,363 shows bearish momentum.
A breakdown can accelerate selling pressure, targeting the next demand zones around $3,350–$3,325.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading in commodities, indices, or forex involves high risk, and you should trade with proper risk management. Past performance does not guarantee future results. Consult your financial advisor before making any trading decisions.
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.