Gold Trading Strategy for 03rd March 2026

📊 Intraday Trading Plan
🟢 BUY Setup – Bullish Breakout Strategy

💰 Condition:
Buy above the high of 30-minute candle with a strong close above $5366

📈 Entry Trigger:
✔ 30-min candle must close above $5366
✔ Breakout should have good momentum (strong body candle preferred)

🎯 Targets:

🎯 Target 1 → $5379

🎯 Target 2 → $5391

🎯 Target 3 → $5407

🛑 Suggested Stop Loss:

Below breakout candle low
OR

Around $5355–$5358 (depending on risk appetite)

📌 Trade Logic:
Break above $5366 indicates bullish strength and continuation momentum. Higher targets align with resistance expansion levels.

🔴 SELL Setup – Bearish Breakdown Strategy

💰 Condition:
Sell below the low of 1-hour candle with a strong close below $5278

📉 Entry Trigger:
✔ 1-hour candle must close below $5278
✔ Breakdown should show strong bearish momentum

🎯 Targets:

🎯 Target 1 → $5263

🎯 Target 2 → $5250

🎯 Target 3 → $5235

🛑 Suggested Stop Loss:

Above breakdown candle high
OR

Around $5288–$5295 (based on volatility)

📌 Trade Logic:
Close below $5278 signals weakness and possible continuation toward lower support zones.

⚖ Risk Management Guidelines

✅ Risk only 1–2% of capital per trade
✅ Trail stop loss after first target hit
✅ Book partial profits at each target
✅ Avoid overtrading

⚠ DISCLAIMER

This trading plan is for educational and informational purposes only. It is not financial advice. Trading in financial markets involves substantial risk and may not be suitable for all investors. Always do your own analysis, manage risk properly, and consult a qualified financial advisor before making investment decisions. You are solely responsible for your trading outcomes.