📊 GOLD TRADING SETUP (XAU/USD)
✨ Buy Setup
🔼 Entry: Buy above the high of 1-hour candle close above 3792
🎯 Targets:
🥇 3805
🥈 3815
🥉 3825
🛡️ Stop Loss (SL): Place SL a few points below 3792 (manage according to risk appetite).
⚡ Sell Setup
🔽 Entry: Sell below the low of 15-min candle close below 3749
🎯 Targets:
🥇 3739
🥈 3729
🥉 3719
🛡️ Stop Loss (SL): Place SL a few points above 3749 (manage according to risk appetite).
📌 Key Notes
📉 Always wait for candle close confirmation before entering trade.
📈 Position sizing should match your risk tolerance.
🔍 Monitor news/events impacting gold volatility (USD data, Fed updates, geopolitical events).
⚖️ Do not over-leverage.
⚠️ Disclaimer
This analysis is for educational and informational purposes only. It is not financial advice or a buy/sell recommendation. Trading in gold and financial markets involves high risk, including possible loss of capital. Always do your own research or consult a financial advisor before making trading decisions.
✨ Buy Setup
🔼 Entry: Buy above the high of 1-hour candle close above 3792
🎯 Targets:
🥇 3805
🥈 3815
🥉 3825
🛡️ Stop Loss (SL): Place SL a few points below 3792 (manage according to risk appetite).
⚡ Sell Setup
🔽 Entry: Sell below the low of 15-min candle close below 3749
🎯 Targets:
🥇 3739
🥈 3729
🥉 3719
🛡️ Stop Loss (SL): Place SL a few points above 3749 (manage according to risk appetite).
📌 Key Notes
📉 Always wait for candle close confirmation before entering trade.
📈 Position sizing should match your risk tolerance.
🔍 Monitor news/events impacting gold volatility (USD data, Fed updates, geopolitical events).
⚖️ Do not over-leverage.
⚠️ Disclaimer
This analysis is for educational and informational purposes only. It is not financial advice or a buy/sell recommendation. Trading in gold and financial markets involves high risk, including possible loss of capital. Always do your own research or consult a 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.