🪙 GOLD Trading Setup (Intraday Strategy)
📈 Buy Setup (Bullish Scenario)
👉 Condition to Enter Buy:
Wait for the 1-hour candle to close above $4152.
This confirms bullish momentum (buyers are taking control).
🎯 Targets after Buy Entry:
Target 1: $4165
Target 2: $4176
Target 3: $4189
🛑 Stop Loss (SL):
You can place your SL just below the breakout candle’s low or around $4140 (for risk control).
💡 Explanation for Beginners:
When the 1-hour candle closes above $4152, it means price has broken an important resistance level. This often attracts more buyers, pushing the price higher toward the target levels.
📉 Sell Setup (Bearish Scenario)
👉 Condition to Enter Sell:
Wait for the 30-minute candle to close below $4096.
This confirms bearish pressure (sellers are taking control).
🎯 Targets after Sell Entry:
Target 1: $4083
Target 2: $4072
Target 3: $4056
🛑 Stop Loss (SL):
Place SL slightly above the breakout candle’s high or near $4110 for protection.
💡 Explanation :
When the 30-min candle closes below $4096, it means the market is showing weakness. This setup allows you to follow the selling momentum as price moves toward lower levels.
⚠️ Risk Management Tips
Never trade without a stop loss.
Risk only 1–2% of your capital per trade.
Avoid entering trades before candle closes — always wait for confirmation.
Stick to your plan; don’t chase trades emotionally.
🧾 Disclaimer
⚠️ This analysis is for educational purposes only and not financial advice. Trading in gold or any financial market involves risk. Always do your own research or consult a financial advisor before making trading decisions.
📈 Buy Setup (Bullish Scenario)
👉 Condition to Enter Buy:
Wait for the 1-hour candle to close above $4152.
This confirms bullish momentum (buyers are taking control).
🎯 Targets after Buy Entry:
Target 1: $4165
Target 2: $4176
Target 3: $4189
🛑 Stop Loss (SL):
You can place your SL just below the breakout candle’s low or around $4140 (for risk control).
💡 Explanation for Beginners:
When the 1-hour candle closes above $4152, it means price has broken an important resistance level. This often attracts more buyers, pushing the price higher toward the target levels.
📉 Sell Setup (Bearish Scenario)
👉 Condition to Enter Sell:
Wait for the 30-minute candle to close below $4096.
This confirms bearish pressure (sellers are taking control).
🎯 Targets after Sell Entry:
Target 1: $4083
Target 2: $4072
Target 3: $4056
🛑 Stop Loss (SL):
Place SL slightly above the breakout candle’s high or near $4110 for protection.
💡 Explanation :
When the 30-min candle closes below $4096, it means the market is showing weakness. This setup allows you to follow the selling momentum as price moves toward lower levels.
⚠️ Risk Management Tips
Never trade without a stop loss.
Risk only 1–2% of your capital per trade.
Avoid entering trades before candle closes — always wait for confirmation.
Stick to your plan; don’t chase trades emotionally.
🧾 Disclaimer
⚠️ This analysis is for educational purposes only and not financial advice. Trading in gold or any financial market involves risk. 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.