Gold Trading Strategy (XXAU/USD)
Buy Setup:
Entry: Buy above the high of the 1-hour candle that closes above $3386
Targets:
$3397
$3408
$3419
Stop Loss: Below the low of the breakout candle (as per your risk management)
Sell Setup:
Entry: Sell below the low of the 1-hour candle that closes below $3322
Targets:
$3310
$3298
$3285
Stop Loss: Above the high of the breakdown candle (as per your risk management)
Disclaimer:
This analysis is for educational and informational purposes only. Trading in commodities like Gold (XXAU/USD) involves significant risk and may not be suitable for all investors. Prices can be highly volatile, and past performance is not indicative of future results. Please conduct your own research and consult a certified financial advisor before making any trading decisions. You are solely responsible for your own trades and risk management.
Buy Setup:
Entry: Buy above the high of the 1-hour candle that closes above $3386
Targets:
$3397
$3408
$3419
Stop Loss: Below the low of the breakout candle (as per your risk management)
Sell Setup:
Entry: Sell below the low of the 1-hour candle that closes below $3322
Targets:
$3310
$3298
$3285
Stop Loss: Above the high of the breakdown candle (as per your risk management)
Disclaimer:
This analysis is for educational and informational purposes only. Trading in commodities like Gold (XXAU/USD) involves significant risk and may not be suitable for all investors. Prices can be highly volatile, and past performance is not indicative of future results. Please conduct your own research and consult a certified financial advisor before making any trading decisions. You are solely responsible for your own trades and risk management.
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.