Gold Trading Strategy for 04th March 2025
Gold Trading Strategy
Buy Strategy
Entry Point: Buy above the high of a 15-minute candle that closes above 2896.
Targets:
First Target: 2903
Second Target: 2911
Third Target: 2919
Stop Loss: Place a stop loss below the low of the 15-minute candle that triggered the buy signal.
Sell Strategy
Entry Point: Sell below the low of a one-hour candle that closes below 2881.
Targets:
First Target: 2870
Second Target: 2859
Third Target: 2845
Stop Loss: Place a stop loss above the high of the one-hour candle that triggered the sell signal.
Disclaimer
Trading in financial markets involves significant risk and may not be suitable for all investors. The strategies provided here are for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions. Past performance is not indicative of future results. Use of leverage can amplify gains as well as losses. Ensure you understand the risks involved and trade responsibly.
Buy Strategy
Entry Point: Buy above the high of a 15-minute candle that closes above 2896.
Targets:
First Target: 2903
Second Target: 2911
Third Target: 2919
Stop Loss: Place a stop loss below the low of the 15-minute candle that triggered the buy signal.
Sell Strategy
Entry Point: Sell below the low of a one-hour candle that closes below 2881.
Targets:
First Target: 2870
Second Target: 2859
Third Target: 2845
Stop Loss: Place a stop loss above the high of the one-hour candle that triggered the sell signal.
Disclaimer
Trading in financial markets involves significant risk and may not be suitable for all investors. The strategies provided here are for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions. Past performance is not indicative of future results. Use of leverage can amplify gains as well as losses. Ensure you understand the risks involved 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.