💰 GOLD INTRADAY STRATEGY (XAU/USD)
Timeframe Focus: 1-Hour (H1) Candle
📈 BUY STRATEGY (Long Position)
1️⃣ Condition to Enter Buy:
Wait for a 1-hour candle to close above $3377.
After the candle closes, check if the next candle breaks above its high.
Enter Buy above the high of that confirmed candle.
2️⃣ Profit Targets:
🎯 Target 1: $3388 – First booking / partial exit
🎯 Target 2: $3399 – Second booking / trail stop loss
🎯 Target 3: $3410 – Final target for the move
3️⃣ Stop Loss (Risk Control):
Place SL below the low of the confirmed 1-hour candle.
Move SL to cost once Target 1 is achieved.
📉 SELL STRATEGY (Short Position)
1️⃣ Condition to Enter Sell:
Wait for a 1-hour candle to close below $3358.
After the candle closes, check if the next candle breaks below its low.
Enter Sell below the low of that confirmed candle.
2️⃣ Profit Targets:
🎯 Target 1: $3348 – First booking / partial exit
🎯 Target 2: $3338 – Second booking / trail stop loss
🎯 Target 3: $3328 – Final target for the move
3️⃣ Stop Loss (Risk Control):
Place SL above the high of the confirmed 1-hour candle.
Move SL to cost after Target 1 is achieved.
📌 Risk Management & Tips:
Never risk more than 1–2% of your capital on a single trade.
Follow confirmation candle close strictly – avoid early entries.
Always trail stop loss to protect profits.
Avoid trading during high-impact news unless you are experienced.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading in commodities, including Gold (XAU/USD), involves high risk of financial loss. Use proper risk management and consult your financial advisor before making trading decisions. Trade at your own risk.
Timeframe Focus: 1-Hour (H1) Candle
📈 BUY STRATEGY (Long Position)
1️⃣ Condition to Enter Buy:
Wait for a 1-hour candle to close above $3377.
After the candle closes, check if the next candle breaks above its high.
Enter Buy above the high of that confirmed candle.
2️⃣ Profit Targets:
🎯 Target 1: $3388 – First booking / partial exit
🎯 Target 2: $3399 – Second booking / trail stop loss
🎯 Target 3: $3410 – Final target for the move
3️⃣ Stop Loss (Risk Control):
Place SL below the low of the confirmed 1-hour candle.
Move SL to cost once Target 1 is achieved.
📉 SELL STRATEGY (Short Position)
1️⃣ Condition to Enter Sell:
Wait for a 1-hour candle to close below $3358.
After the candle closes, check if the next candle breaks below its low.
Enter Sell below the low of that confirmed candle.
2️⃣ Profit Targets:
🎯 Target 1: $3348 – First booking / partial exit
🎯 Target 2: $3338 – Second booking / trail stop loss
🎯 Target 3: $3328 – Final target for the move
3️⃣ Stop Loss (Risk Control):
Place SL above the high of the confirmed 1-hour candle.
Move SL to cost after Target 1 is achieved.
📌 Risk Management & Tips:
Never risk more than 1–2% of your capital on a single trade.
Follow confirmation candle close strictly – avoid early entries.
Always trail stop loss to protect profits.
Avoid trading during high-impact news unless you are experienced.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading in commodities, including Gold (XAU/USD), involves high risk of financial loss. Use proper risk management and consult your financial advisor before making trading decisions. Trade at your own risk.
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.