Gold Trading Strategy for 06th November 2025💹 Trading Plan for Today
🕐 Time Frame: 1 Hour Candle
📈 Buy Setup (Long Trade)
💵 Entry: Buy above the high of the 1-hour candle once it closes above $4004
🎯 Targets:
1️⃣ Target 1: $4015
2️⃣ Target 2: $4027
3️⃣ Target 3: $4040
🛑 Stop Loss: Place your stop loss below the previous candle’s low for safety.
💡 Tip for Beginners: Wait for the candle to close above $4004 before entering. Don’t jump in early — confirmation matters!
📉 Sell Setup (Short Trade)
💵 Entry: Sell below the low of the 1-hour candle once it closes below $3942
🎯 Targets:
1️⃣ Target 1: $3929
2️⃣ Target 2: $3917
3️⃣ Target 3: $3904
🛑 Stop Loss: Place your stop loss above the previous candle’s high for protection.
💡 Tip for Beginners: Only enter after a confirmed close below $3942 — patience helps avoid false signals.
⚠️ Disclaimer
📢 This setup is for educational purposes only. Trading involves risk. Always do your own analysis and use proper risk management before entering any trade. The author is not responsible for any profit or loss incurred based on this information.
