📈 GOLD (XXAU/USD) Trading Plan
🕐 Strategy Based on 1-Hour Candle Breakout
🟢 BUY Setup:
Trigger: Buy above the high of 1-hour candle after a confirmed close above $3321
🎯 Targets:
✅ $3334 – First Target
✅ $3349 – Second Target
✅ $3368 – Final Target
🛡️ Stop-Loss Suggestion: Just below $3321 (or based on your risk tolerance)
🔴 SELL Setup:
Trigger: Sell below the low of 1-hour candle after a confirmed close below $3285
🎯 Targets:
✅ $3273 – First Target
✅ $3261 – Second Target
✅ $3249 – Final Target
🛡️ Stop-Loss Suggestion: Just above $3285 (or based on your risk tolerance)
⚠️ Important Notes:
Wait for candle close confirmation above/below the key levels ($3321 for Buy, $3285 for Sell).
Avoid trading in a sideways or uncertain market – follow only on clear breakout candles.
Use proper risk management and position sizing according to your capital.
📌 Disclaimer:
🧾 This is not investment advice. Trading in gold or any financial market involves substantial risk and is not suitable for every investor. Always consult with your financial advisor before making trading decisions.
🕐 Strategy Based on 1-Hour Candle Breakout
🟢 BUY Setup:
Trigger: Buy above the high of 1-hour candle after a confirmed close above $3321
🎯 Targets:
✅ $3334 – First Target
✅ $3349 – Second Target
✅ $3368 – Final Target
🛡️ Stop-Loss Suggestion: Just below $3321 (or based on your risk tolerance)
🔴 SELL Setup:
Trigger: Sell below the low of 1-hour candle after a confirmed close below $3285
🎯 Targets:
✅ $3273 – First Target
✅ $3261 – Second Target
✅ $3249 – Final Target
🛡️ Stop-Loss Suggestion: Just above $3285 (or based on your risk tolerance)
⚠️ Important Notes:
Wait for candle close confirmation above/below the key levels ($3321 for Buy, $3285 for Sell).
Avoid trading in a sideways or uncertain market – follow only on clear breakout candles.
Use proper risk management and position sizing according to your capital.
📌 Disclaimer:
🧾 This is not investment advice. Trading in gold or any financial market involves substantial risk and is not suitable for every investor. Always consult with your financial advisor before making trading decisions.
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.