Gold Trading Strategy for 20th December 2024

Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 2606
Sell Below: The low of the 15-minute candle that closes below 2583

Support and Resistance Levels:
Resistance: 2616, 2634, 2652
Support: 2573, 2555, 2530

Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 2606.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 2583.

Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.

Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use stop-loss orders to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact prices.

Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.