📊 Gold Intraday Trading Plan
🟢 Buy Setup (Long Trade)
✅ Condition: Enter only if price closes above the high of the 15-minute candle at $3686.
🎯 Targets:
1st Target → $3696
2nd Target → $3709
3rd Target → $3720
📌 Stop-Loss (SL): Place a safe SL below $3678 (just under the breakout candle’s low).
🔴 Sell Setup (Short Trade)
✅ Condition: Enter only if price closes below the low of the 1-hour candle at $3663.
🎯 Targets:
1st Target → $3653
2nd Target → $3643
3rd Target → $3633
📌 Stop-Loss (SL): Place a safe SL above $3670 (just above the breakdown candle’s high).
📘 Notes
⚖️ Wait for candle close confirmation (don’t enter early).
🕒 Use 15-minute chart for Buy setup & 1-hour chart for Sell setup.
💵 Risk small (1–2% of capital). Never risk full money on one trade.
📉 Always place Stop-Loss before entering a trade.
📊 Trail your SL to lock profits once the first target is hit.
⚠️ Disclaimer:
This is only for educational purposes. 📚 Trading involves high risk. 💸 Do your own research before investing. I am not a financial advisor.
🟢 Buy Setup (Long Trade)
✅ Condition: Enter only if price closes above the high of the 15-minute candle at $3686.
🎯 Targets:
1st Target → $3696
2nd Target → $3709
3rd Target → $3720
📌 Stop-Loss (SL): Place a safe SL below $3678 (just under the breakout candle’s low).
🔴 Sell Setup (Short Trade)
✅ Condition: Enter only if price closes below the low of the 1-hour candle at $3663.
🎯 Targets:
1st Target → $3653
2nd Target → $3643
3rd Target → $3633
📌 Stop-Loss (SL): Place a safe SL above $3670 (just above the breakdown candle’s high).
📘 Notes
⚖️ Wait for candle close confirmation (don’t enter early).
🕒 Use 15-minute chart for Buy setup & 1-hour chart for Sell setup.
💵 Risk small (1–2% of capital). Never risk full money on one trade.
📉 Always place Stop-Loss before entering a trade.
📊 Trail your SL to lock profits once the first target is hit.
⚠️ Disclaimer:
This is only for educational purposes. 📚 Trading involves high risk. 💸 Do your own research before investing. I am not a financial advisor.
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.