📈 GOLD INTRADAY TRADE SETUP
✨ High-Probability Levels Based on Price Action ✨
🟢 Buy Setup – Breakout Trade
Entry: Buy above the high of the 1-hour candle with a strong close above ₹3318
Targets:
🎯 T1: ₹3329
🎯 T2: ₹3342
🎯 T3: ₹3355
Stop Loss: Below ₹3308 (adjust based on risk appetite)
Reason: Bullish momentum expected above ₹3318 with confirmation from higher time frame close. Ideal for momentum traders looking to ride the trend.
🔴 Sell Setup – Breakdown Trade
Entry: Sell below the low of the 15-minute candle with a firm close below ₹3285
Targets:
🎯 T1: ₹3272
🎯 T2: ₹3261
🎯 T3: ₹3250
Stop Loss: Above ₹3295 (modify as per volatility)
Reason: Short-term weakness signaled by intraday structure. Ideal for scalpers and short-sellers during correction phases.
⚠️ Important Notes:
Wait for candle close confirmation at key levels.
Use proper risk management – position sizing, stop-loss, and trailing methods.
Combine with indicators like RSI, volume, or VWAP for added confidence.
📌 Disclaimer:
🔺 This analysis is for educational and informational purposes only.
📊 Trading involves substantial risk – always consult with your financial advisor before making decisions.
💡 Past performance is not indicative of future results. Trade wisely and stay disciplined!
✨ High-Probability Levels Based on Price Action ✨
🟢 Buy Setup – Breakout Trade
Entry: Buy above the high of the 1-hour candle with a strong close above ₹3318
Targets:
🎯 T1: ₹3329
🎯 T2: ₹3342
🎯 T3: ₹3355
Stop Loss: Below ₹3308 (adjust based on risk appetite)
Reason: Bullish momentum expected above ₹3318 with confirmation from higher time frame close. Ideal for momentum traders looking to ride the trend.
🔴 Sell Setup – Breakdown Trade
Entry: Sell below the low of the 15-minute candle with a firm close below ₹3285
Targets:
🎯 T1: ₹3272
🎯 T2: ₹3261
🎯 T3: ₹3250
Stop Loss: Above ₹3295 (modify as per volatility)
Reason: Short-term weakness signaled by intraday structure. Ideal for scalpers and short-sellers during correction phases.
⚠️ Important Notes:
Wait for candle close confirmation at key levels.
Use proper risk management – position sizing, stop-loss, and trailing methods.
Combine with indicators like RSI, volume, or VWAP for added confidence.
📌 Disclaimer:
🔺 This analysis is for educational and informational purposes only.
📊 Trading involves substantial risk – always consult with your financial advisor before making decisions.
💡 Past performance is not indicative of future results. Trade wisely and stay disciplined!
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.