🟡 GOLD (XXAU/USD) TRADING PLAN
📈 BUY SETUP (LONG)
Condition:
Go long above the high of a 1-hour candle closing above $4208.
✔️ Entry Trigger
Wait for a 1H candle to close above $4208.
After the close, place a buy stop order slightly above the candle high to confirm momentum.
🎯 Targets
TP1: $4218
TP2: $4232
TP3: $4244
🛡️ Suggested Stop-Loss
Below the breakout candle low (ex: $4196–$4190 depending on candle size).
Maintain at least 1:1.5 RR for safety.
📊 Trade Logic
Breakout of $4208 confirms bullish strength.
Above this zone, the market has clean upside liquidity towards the 4218/4232/4244 levels.
📉 SELL SETUP (SHORT)
Condition:
Go short below the low of a 30-minute candle breaking below $4171.
✔️ Entry Trigger
Wait for a 30-min candle to close below $4171.
Set a sell stop order slightly below the candle low to avoid fakeouts.
🎯 Targets
TP1: $4160
TP2: $4148
TP3: $4135
🛡️ Suggested Stop-Loss
Above the breakdown candle high (ex: $4182–$4188 depending on 30m candle size).
📊 Trade Logic
Breakdown below $4171 signals bearish continuation.
Space to fall cleanly up to 4160/4148/4135 liquidity levels.
🔄 TRADE MANAGEMENT TIPS
🕒 Check for major news before trades (e.g., FOMC, CPI, NFP).
🧩 Use trailing stop once TP1 hits.
📉 Avoid trading in low-volume hours.
📏 Maintain consistent position sizing (risk 1–2% max per trade).
⚠️ DISCLAIMER
This is not financial advice.
Trading Gold (XXAU/USD) or any financial instrument involves significant risk.
Always do your own research, manage your risk, and trade only with money you can afford to lose.
📈 BUY SETUP (LONG)
Condition:
Go long above the high of a 1-hour candle closing above $4208.
✔️ Entry Trigger
Wait for a 1H candle to close above $4208.
After the close, place a buy stop order slightly above the candle high to confirm momentum.
🎯 Targets
TP1: $4218
TP2: $4232
TP3: $4244
🛡️ Suggested Stop-Loss
Below the breakout candle low (ex: $4196–$4190 depending on candle size).
Maintain at least 1:1.5 RR for safety.
📊 Trade Logic
Breakout of $4208 confirms bullish strength.
Above this zone, the market has clean upside liquidity towards the 4218/4232/4244 levels.
📉 SELL SETUP (SHORT)
Condition:
Go short below the low of a 30-minute candle breaking below $4171.
✔️ Entry Trigger
Wait for a 30-min candle to close below $4171.
Set a sell stop order slightly below the candle low to avoid fakeouts.
🎯 Targets
TP1: $4160
TP2: $4148
TP3: $4135
🛡️ Suggested Stop-Loss
Above the breakdown candle high (ex: $4182–$4188 depending on 30m candle size).
📊 Trade Logic
Breakdown below $4171 signals bearish continuation.
Space to fall cleanly up to 4160/4148/4135 liquidity levels.
🔄 TRADE MANAGEMENT TIPS
🕒 Check for major news before trades (e.g., FOMC, CPI, NFP).
🧩 Use trailing stop once TP1 hits.
📉 Avoid trading in low-volume hours.
📏 Maintain consistent position sizing (risk 1–2% max per trade).
⚠️ DISCLAIMER
This is not financial advice.
Trading Gold (XXAU/USD) or any financial instrument involves significant risk.
Always do your own research, manage your risk, and trade only with money you can afford to lose.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.