Gold Trading Strategy for 30.12.2024Gold Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 2642
Sell Below: The low of the 15-minute candle that closes below 2610
Targets:
Upside Targets: 2651, 2664, 2675, 2686
Downside Targets: 2598, 2589, 2579
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 2642, aiming for targets of 2651,2664, 2675, and 2686.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 2610, aiming for targets of 2598, 2589, and 2579.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
