📊 GOLD (XAU/USD) INTRADAY TRADE SETUP
🟢 BUY SETUP
Entry: Buy above the high of the 1-hour candle, only after a confirmed close above 3005.
🎯 Targets:
Target 1: 3015
Target 2: 3025
Target 3: 3035
🛑 Stop Loss: Place SL just below the breakout candle low or based on your risk tolerance.
📌 Reasoning:
A close above 3005 on the 1H timeframe confirms bullish strength.
A breakout with volume may trigger a momentum rally toward the upper targets.
🔴 SELL SETUP
Entry: Sell below the low of a 15-minute candle, only after a confirmed close below 2969.
🎯 Targets:
Target 1: 2956
Target 2: 2944
Target 3: 2933
🛑 Stop Loss: Place SL just above the breakdown candle high or according to your risk profile.
📌 Reasoning:
A close below 2969 on the 15M chart signals short-term weakness.
Bears may take control and push prices down to key support zones.
⚠️ DISCLAIMER: This analysis is for educational and informational purposes only. 📘
Trading involves substantial risk and is not suitable for every investor. 📉
Always conduct your own research or consult with a financial advisor before making any trading decisions. 💼
🟢 BUY SETUP
Entry: Buy above the high of the 1-hour candle, only after a confirmed close above 3005.
🎯 Targets:
Target 1: 3015
Target 2: 3025
Target 3: 3035
🛑 Stop Loss: Place SL just below the breakout candle low or based on your risk tolerance.
📌 Reasoning:
A close above 3005 on the 1H timeframe confirms bullish strength.
A breakout with volume may trigger a momentum rally toward the upper targets.
🔴 SELL SETUP
Entry: Sell below the low of a 15-minute candle, only after a confirmed close below 2969.
🎯 Targets:
Target 1: 2956
Target 2: 2944
Target 3: 2933
🛑 Stop Loss: Place SL just above the breakdown candle high or according to your risk profile.
📌 Reasoning:
A close below 2969 on the 15M chart signals short-term weakness.
Bears may take control and push prices down to key support zones.
⚠️ DISCLAIMER: This analysis is for educational and informational purposes only. 📘
Trading involves substantial risk and is not suitable for every investor. 📉
Always conduct your own research or consult with a financial advisor before making any trading decisions. 💼
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.