🟡 GOLD TRADING IDEA
Instrument: Gold (₹ based)
Timeframe: ⏱️ 15-Minute Candle
Strategy: Breakout Method (Buy above High / Sell below Low)
✅ BUY SETUP – LONG TRADE
📌 Condition to Buy:
Wait for a 15-minute candle to close above 3,385
Then, Buy above the high of that candle.
📍 Example:
A 15-minute candle closes at 3,386
High of that candle is 3,389
Your Buy Entry = 3,389.10 (just above the high)
🎯 Target Levels:
Target 1: 3,395
Target 2: 3,408
Target 3: 3,419
🛡️ Stop Loss:
Place stop loss below the low of the breakout candle
(e.g., if low is 3,379, use 3,378.90 or nearby)
🟢 Why this setup works:
A strong close above 3,385 followed by a break above the candle high indicates bullish pressure and potential continuation.
🔻 SELL SETUP – SHORT TRADE
📌 Condition to Sell:
Wait for a 15-minute candle to close below 3,350
Then, Sell below the low of that candle.
📍 Example:
A 15-minute candle closes at 3,348
Low of that candle is 3,346
Your Sell Entry = 3,345.90 (just below the low)
🎯 Target Levels:
Target 1: 3,338
Target 2: 3,322
Target 3: 3,309
🛡️ Stop Loss:
Place stop loss above the high of the breakdown candle
(e.g., if high is 3,355, use 3,355.10 or nearby)
🔴 Why this setup works:
A close below 3,350 followed by a break below the low signals bearish momentum and likelihood of a further drop.
📘 QUICK TIPS
✅ Wait for the 15-minute candle to fully close – no early trades
🎯 Use alerts or place stop/limit orders for precise entries
📉 Always place a stop loss to limit losses
💰 Risk only 1–2% of your trading capital
🕒 Trade during active market hours for better execution
🧪 Test your strategy on a demo account before going live
⚠️ DISCLAIMER
📌 This trading idea is for educational purposes only. Trading in commodities like gold involves market risk. Always perform your own analysis or consult a financial advisor. We are not responsible for any profits or losses based on this information.
Instrument: Gold (₹ based)
Timeframe: ⏱️ 15-Minute Candle
Strategy: Breakout Method (Buy above High / Sell below Low)
✅ BUY SETUP – LONG TRADE
📌 Condition to Buy:
Wait for a 15-minute candle to close above 3,385
Then, Buy above the high of that candle.
📍 Example:
A 15-minute candle closes at 3,386
High of that candle is 3,389
Your Buy Entry = 3,389.10 (just above the high)
🎯 Target Levels:
Target 1: 3,395
Target 2: 3,408
Target 3: 3,419
🛡️ Stop Loss:
Place stop loss below the low of the breakout candle
(e.g., if low is 3,379, use 3,378.90 or nearby)
🟢 Why this setup works:
A strong close above 3,385 followed by a break above the candle high indicates bullish pressure and potential continuation.
🔻 SELL SETUP – SHORT TRADE
📌 Condition to Sell:
Wait for a 15-minute candle to close below 3,350
Then, Sell below the low of that candle.
📍 Example:
A 15-minute candle closes at 3,348
Low of that candle is 3,346
Your Sell Entry = 3,345.90 (just below the low)
🎯 Target Levels:
Target 1: 3,338
Target 2: 3,322
Target 3: 3,309
🛡️ Stop Loss:
Place stop loss above the high of the breakdown candle
(e.g., if high is 3,355, use 3,355.10 or nearby)
🔴 Why this setup works:
A close below 3,350 followed by a break below the low signals bearish momentum and likelihood of a further drop.
📘 QUICK TIPS
✅ Wait for the 15-minute candle to fully close – no early trades
🎯 Use alerts or place stop/limit orders for precise entries
📉 Always place a stop loss to limit losses
💰 Risk only 1–2% of your trading capital
🕒 Trade during active market hours for better execution
🧪 Test your strategy on a demo account before going live
⚠️ DISCLAIMER
📌 This trading idea is for educational purposes only. Trading in commodities like gold involves market risk. Always perform your own analysis or consult a financial advisor. We are not responsible for any profits or losses based on this information.
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.