📊 Gold Trading Plan
🔹 Buy Setup
Condition to Buy: Enter a Buy position only if the price closes above the high of the 15-minute candle at $3352.
Targets for Buy:
$3363
$3374
$3385
🔹 Sell Setup
Condition to Sell: Enter a Sell position only if the price closes below the low of the 1-hour candle at $3513.
Targets for Sell:
$3501
$3490
$3480
📝 Notes for Beginners
Wait for Candle Close – Do not enter before the candle fully closes above or below the given level.
Use Stop Loss – Always protect your trade with a stop loss (example: slightly below entry for buys, or above entry for sells).
Risk Management – Never risk more than 1–2% of your trading capital on a single trade.
Targets – You can exit at each target partially or hold until the final target depending on your strategy.
⚠️ Disclaimer: This information is for educational purposes only and should not be considered financial advice. Trading in gold or any financial markets involves risk, and you should do your own research or consult a licensed financial advisor before making trading decisions.
🔹 Buy Setup
Condition to Buy: Enter a Buy position only if the price closes above the high of the 15-minute candle at $3352.
Targets for Buy:
$3363
$3374
$3385
🔹 Sell Setup
Condition to Sell: Enter a Sell position only if the price closes below the low of the 1-hour candle at $3513.
Targets for Sell:
$3501
$3490
$3480
📝 Notes for Beginners
Wait for Candle Close – Do not enter before the candle fully closes above or below the given level.
Use Stop Loss – Always protect your trade with a stop loss (example: slightly below entry for buys, or above entry for sells).
Risk Management – Never risk more than 1–2% of your trading capital on a single trade.
Targets – You can exit at each target partially or hold until the final target depending on your strategy.
⚠️ Disclaimer: This information is for educational purposes only and should not be considered financial advice. Trading in gold or any financial markets involves risk, and you should do your own research or consult a licensed financial advisor before making trading decisions.
Note
Buy levels wrongly updated. Revised levels are Condition to Buy: Enter a Buy position only if the price closes above the high of the 15-minute candle at $3552.
Targets for Buy:
$3563
$3574
$3585
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.