๐ Gold Trade Plan โ Intraday Levels
๐ฐ Buy Setup
โ Condition: Enter Buy only if price closes above the High of the 1-Hour Candle and remains above $3362.
๐ฏ Targets:
$3372 ๐ฅ
$3382 ๐ฅ
$3392 ๐ฅ
๐ Example:
Suppose a 1-hour candle forms with a high of $3362 and the price closes above this level (e.g., at $3364). This confirms bullish momentum, and you may place a buy order targeting the given levels.
๐ Sell Setup
โ Condition: Enter Sell only if price closes below the Low of the 15-Minute Candle and stays below $3345.
๐ฏ Targets:
$3335 ๐ฅ
$3325 ๐ฅ
$3315 ๐ฅ
๐ Example:
Suppose a 15-minute candle forms with a low of $3345 and the price closes below this level (e.g., at $3343). This confirms bearish momentum, and you may initiate a short trade aiming for the given targets.
๐ Tips for Execution
Wait for the candle to close before taking action โ avoid premature entries.
Keep a Stop Loss slightly below the buy entry candle low (for buys) or above the sell entry candle high (for sells).
Avoid placing trades when market movement is sideways or in low volume conditions.
โ Disclaimer:
This trade setup is for educational purposes only and is not financial advice. Trading commodities, currencies, and stocks carries significant risk. You can lose more than your initial investment. Past results are not indicative of future performance. Always do your own analysis before trading.
๐ฐ Buy Setup
โ Condition: Enter Buy only if price closes above the High of the 1-Hour Candle and remains above $3362.
๐ฏ Targets:
$3372 ๐ฅ
$3382 ๐ฅ
$3392 ๐ฅ
๐ Example:
Suppose a 1-hour candle forms with a high of $3362 and the price closes above this level (e.g., at $3364). This confirms bullish momentum, and you may place a buy order targeting the given levels.
๐ Sell Setup
โ Condition: Enter Sell only if price closes below the Low of the 15-Minute Candle and stays below $3345.
๐ฏ Targets:
$3335 ๐ฅ
$3325 ๐ฅ
$3315 ๐ฅ
๐ Example:
Suppose a 15-minute candle forms with a low of $3345 and the price closes below this level (e.g., at $3343). This confirms bearish momentum, and you may initiate a short trade aiming for the given targets.
๐ Tips for Execution
Wait for the candle to close before taking action โ avoid premature entries.
Keep a Stop Loss slightly below the buy entry candle low (for buys) or above the sell entry candle high (for sells).
Avoid placing trades when market movement is sideways or in low volume conditions.
โ Disclaimer:
This trade setup is for educational purposes only and is not financial advice. Trading commodities, currencies, and stocks carries significant risk. You can lose more than your initial investment. Past results are not indicative of future performance. Always do your own analysis before trading.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.