🟡 GOLD INTRADAY TRADING PLAN 💰
📈 BUY SETUP – BULLISH SCENARIO
If Gold shows strong momentum on the 1-hour chart and closes above $4155, it signals potential continuation of the uptrend.
Traders can look for buying opportunities once a candle closes and confirms above the high of that hour.
📋 Buy Entry Conditions:
✅ Wait for a 1-hour candle to close above $4155
✅ Confirm with good volume or strong bullish candle formation
✅ Enter above the candle’s high after confirmation
🎯 Upside Targets:
1️⃣ $4170 – Initial intraday resistance; partial profit zone
2️⃣ $4185 – Secondary resistance; hold with trailing stop
3️⃣ $4199 – Final target for the session
🛡️ Suggested Stop Loss:
Place a protective stop below $4140 or below the candle’s low (depending on your risk tolerance).
📊 Commentary:
A close above $4155 may attract fresh buying interest from intraday and short-term traders. Sustained trading above $4170 could strengthen bullish momentum toward higher targets.
📉 SELL SETUP – BEARISH SCENARIO
If Gold weakens and the 1-hour candle closes below $4075, it could indicate that sellers are gaining control.
A close below this level suggests a possible shift in short-term trend direction.
📋 Sell Entry Conditions:
✅ Wait for a 1-hour candle to close below $4075
✅ Enter below the candle’s low once price confirms breakdown
✅ Ensure downside momentum with volume confirmation
🎯 Downside Targets:
1️⃣ $4056 – First target; book partial profits
2️⃣ $4037 – Second target; hold position with trailing stop
3️⃣ $4019 – Final intraday target zone
🛡️ Suggested Stop Loss:
Place a stop loss above $4090 or above the breakout candle’s high.
📊 Commentary:
A confirmed close below $4075 can trigger a short-term bearish wave. Further weakness toward $4050–$4020 may be expected if sellers maintain control.
⚠️ Disclaimer
📜 This information is for educational and informational purposes only.
It is not financial advice or a recommendation to buy or sell any asset.
Trading in commodities like Gold involves risk of capital loss. Always do your own analysis and use strict risk management before entering any trade.
📈 BUY SETUP – BULLISH SCENARIO
If Gold shows strong momentum on the 1-hour chart and closes above $4155, it signals potential continuation of the uptrend.
Traders can look for buying opportunities once a candle closes and confirms above the high of that hour.
📋 Buy Entry Conditions:
✅ Wait for a 1-hour candle to close above $4155
✅ Confirm with good volume or strong bullish candle formation
✅ Enter above the candle’s high after confirmation
🎯 Upside Targets:
1️⃣ $4170 – Initial intraday resistance; partial profit zone
2️⃣ $4185 – Secondary resistance; hold with trailing stop
3️⃣ $4199 – Final target for the session
🛡️ Suggested Stop Loss:
Place a protective stop below $4140 or below the candle’s low (depending on your risk tolerance).
📊 Commentary:
A close above $4155 may attract fresh buying interest from intraday and short-term traders. Sustained trading above $4170 could strengthen bullish momentum toward higher targets.
📉 SELL SETUP – BEARISH SCENARIO
If Gold weakens and the 1-hour candle closes below $4075, it could indicate that sellers are gaining control.
A close below this level suggests a possible shift in short-term trend direction.
📋 Sell Entry Conditions:
✅ Wait for a 1-hour candle to close below $4075
✅ Enter below the candle’s low once price confirms breakdown
✅ Ensure downside momentum with volume confirmation
🎯 Downside Targets:
1️⃣ $4056 – First target; book partial profits
2️⃣ $4037 – Second target; hold position with trailing stop
3️⃣ $4019 – Final intraday target zone
🛡️ Suggested Stop Loss:
Place a stop loss above $4090 or above the breakout candle’s high.
📊 Commentary:
A confirmed close below $4075 can trigger a short-term bearish wave. Further weakness toward $4050–$4020 may be expected if sellers maintain control.
⚠️ Disclaimer
📜 This information is for educational and informational purposes only.
It is not financial advice or a recommendation to buy or sell any asset.
Trading in commodities like Gold involves risk of capital loss. Always do your own analysis and use strict risk management before entering any trade.
免责声明
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.
免责声明
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.
