📊 Gold Trading Plan
🔹 Buy Setup
Entry: Buy above the high of the 1-hour candle, provided price closes above $3361
Targets:
🎯 $3371
🎯 $3381
🎯 $3391
Stop Loss: Place below recent swing low or as per risk tolerance
🔹 Sell Setup
Entry: Sell below the low of the 1-hour candle, provided price closes below $3338
Targets:
🎯 $3325
🎯 $3313
🎯 $3300
Stop Loss: Place above recent swing high or as per risk tolerance
⚖️ Risk Management
Always define your risk per trade (commonly 1–2% of capital).
Trail stop loss after each target for capital protection.
Avoid over-leveraging.
⚠️ Disclaimer
This analysis is for educational and informational purposes only and should not be considered as financial advice. Trading in commodities, forex, or stocks involves significant risk of loss and may not be suitable for all investors. Please consult your financial advisor before making any investment or trading decisions.
🔹 Buy Setup
Entry: Buy above the high of the 1-hour candle, provided price closes above $3361
Targets:
🎯 $3371
🎯 $3381
🎯 $3391
Stop Loss: Place below recent swing low or as per risk tolerance
🔹 Sell Setup
Entry: Sell below the low of the 1-hour candle, provided price closes below $3338
Targets:
🎯 $3325
🎯 $3313
🎯 $3300
Stop Loss: Place above recent swing high or as per risk tolerance
⚖️ Risk Management
Always define your risk per trade (commonly 1–2% of capital).
Trail stop loss after each target for capital protection.
Avoid over-leveraging.
⚠️ Disclaimer
This analysis is for educational and informational purposes only and should not be considered as financial advice. Trading in commodities, forex, or stocks involves significant risk of loss and may not be suitable for all investors. Please consult your financial advisor before making any investment or trading decisions.
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