📊 Gold (XAU/USD) Trading Strategy
🔔 This is a structured intraday setup for Gold. Follow carefully with strict risk management.
✨ Buy Setup (Bullish Scenario)
🔼 Condition to Enter Long:
Wait for a 1-Hour Candle Close above $3692.
Entry is valid only if the candle closes above this level, not just a spike.
💰 Entry Price: Above $3692
🎯 Profit Targets:
1️⃣ First Target: $3707 (Quick scalp level)
2️⃣ Second Target: $3715 (Moderate resistance zone)
3️⃣ Third Target: $3728 (Extended bullish move)
🛡️ Suggested Stop-Loss: Place a protective stop below $3682 (approx. 10 points below breakout level).
✨ Sell Setup (Bearish Scenario)
🔽 Condition to Enter Short:
Wait for a 15-Minute Candle Close below $3642.
Entry is valid only if the candle closes below, not just a wick test.
💰 Entry Price: Below $3642
🎯 Profit Targets:
1️⃣ First Target: $3630 (Initial support break)
2️⃣ Second Target: $3618 (Deeper push)
3️⃣ Third Target: $3605 (Major support zone)
🛡️ Suggested Stop-Loss: Place a protective stop above $3652 (approx. 10 points above breakdown level).
⚠️ Risk Management & Notes
Always use strict stop-loss to protect capital.
Do not over-leverage; risk only 1–2% of your capital per trade.
Wait for candle close confirmation before entering. Avoid emotional entries.
If first target is achieved, consider trailing stop-loss to secure profits.
Trade only when market conditions align with your plan.
⚠️ Disclaimer
📌 This content is shared for educational & informational purposes only.
📌 This is not financial advice. Always do your own analysis before taking trades.
📌 Trading in gold, forex, and commodities carries significant risk of capital loss.
📌 Past performance does not guarantee future results.
🔔 This is a structured intraday setup for Gold. Follow carefully with strict risk management.
✨ Buy Setup (Bullish Scenario)
🔼 Condition to Enter Long:
Wait for a 1-Hour Candle Close above $3692.
Entry is valid only if the candle closes above this level, not just a spike.
💰 Entry Price: Above $3692
🎯 Profit Targets:
1️⃣ First Target: $3707 (Quick scalp level)
2️⃣ Second Target: $3715 (Moderate resistance zone)
3️⃣ Third Target: $3728 (Extended bullish move)
🛡️ Suggested Stop-Loss: Place a protective stop below $3682 (approx. 10 points below breakout level).
✨ Sell Setup (Bearish Scenario)
🔽 Condition to Enter Short:
Wait for a 15-Minute Candle Close below $3642.
Entry is valid only if the candle closes below, not just a wick test.
💰 Entry Price: Below $3642
🎯 Profit Targets:
1️⃣ First Target: $3630 (Initial support break)
2️⃣ Second Target: $3618 (Deeper push)
3️⃣ Third Target: $3605 (Major support zone)
🛡️ Suggested Stop-Loss: Place a protective stop above $3652 (approx. 10 points above breakdown level).
⚠️ Risk Management & Notes
Always use strict stop-loss to protect capital.
Do not over-leverage; risk only 1–2% of your capital per trade.
Wait for candle close confirmation before entering. Avoid emotional entries.
If first target is achieved, consider trailing stop-loss to secure profits.
Trade only when market conditions align with your plan.
⚠️ Disclaimer
📌 This content is shared for educational & informational purposes only.
📌 This is not financial advice. Always do your own analysis before taking trades.
📌 Trading in gold, forex, and commodities carries significant risk of capital loss.
📌 Past performance does not guarantee future results.
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.