📈 Gold Buy Setup
Condition to Buy:
Enter a buy trade above the high of the 1-hour candle that closes above $3,370.
This means you must wait until a full 1-hour candle finishes forming and its closing price is above $3,370. After it closes, identify the highest price point of that candle and set your buy trigger slightly above that level.
Profit Targets:
🎯 First Target: $3,381
🎯 Second Target: $3,391
🎯 Third Target: $3,403
Risk Management Tip:
Place your stop-loss just below the low of the breakout candle or an important support zone. This helps control risk in case the breakout fails.
📉 Gold Sell Setup
Condition to Sell:
Enter a sell trade below the low of the 1-hour candle that closes below $3,342.
This means you must wait until a full 1-hour candle finishes forming and its closing price is below $3,342. After it closes, identify the lowest price point of that candle and set your sell trigger slightly below that level.
Profit Targets:
🎯 First Target: $3,331
🎯 Second Target: $3,319
🎯 Third Target: $3,305
Risk Management Tip:
Place your stop-loss just above the high of the breakdown candle or a nearby resistance zone to avoid large losses.
⚠ Disclaimer:
Trading in gold and other commodities involves substantial risk. These price levels are for educational and informational purposes only and do not constitute financial advice. Always perform your own analysis, use stop-loss orders, and trade within your risk tolerance. Past performance does not guarantee future results.
Condition to Buy:
Enter a buy trade above the high of the 1-hour candle that closes above $3,370.
This means you must wait until a full 1-hour candle finishes forming and its closing price is above $3,370. After it closes, identify the highest price point of that candle and set your buy trigger slightly above that level.
Profit Targets:
🎯 First Target: $3,381
🎯 Second Target: $3,391
🎯 Third Target: $3,403
Risk Management Tip:
Place your stop-loss just below the low of the breakout candle or an important support zone. This helps control risk in case the breakout fails.
📉 Gold Sell Setup
Condition to Sell:
Enter a sell trade below the low of the 1-hour candle that closes below $3,342.
This means you must wait until a full 1-hour candle finishes forming and its closing price is below $3,342. After it closes, identify the lowest price point of that candle and set your sell trigger slightly below that level.
Profit Targets:
🎯 First Target: $3,331
🎯 Second Target: $3,319
🎯 Third Target: $3,305
Risk Management Tip:
Place your stop-loss just above the high of the breakdown candle or a nearby resistance zone to avoid large losses.
⚠ Disclaimer:
Trading in gold and other commodities involves substantial risk. These price levels are for educational and informational purposes only and do not constitute financial advice. Always perform your own analysis, use stop-loss orders, and trade within your risk tolerance. Past performance does not guarantee future results.
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.