💰 GOLD TRADING PLAN (INTRADAY SETUP)
🟢 BUY SETUP (LONG TRADE)
📈 Entry Condition:
Wait for a 1-hour candle to close above ₹4010.
Once the candle closes, buy only if the price stays above ₹4010.
🎯 Targets:
🥇 Target 1: ₹4019
🥈 Target 2: ₹4029
🥉 Target 3: ₹4039
🛑 Stop Loss (SL):
Keep a stop loss below ₹4000 or below the previous candle’s low, whichever is safer.
💡 Tips for Beginners:
Always wait for the candle to close before entering — don’t enter mid-candle.
Use a limit order or stop order for precision.
If the price hits the first target, move your stop loss to cost price to protect your capital.
🔴 SELL SETUP (SHORT TRADE)
📉 Entry Condition:
Wait for a 15-minute candle to close below ₹3961.
Once it closes below, enter a sell position only if the price stays below ₹3961.
🎯 Targets:
🥇 Target 1: ₹3950
🥈 Target 2: ₹3935
🥉 Target 3: ₹3920
🛑 Stop Loss (SL):
Place a stop loss above ₹3972 or the previous candle’s high, whichever is higher.
💡 Tips for Beginners:
Confirm the trend direction using a moving average or RSI indicator before entering.
Never chase the trade — wait patiently for candle confirmation.
Manage risk properly: never risk more than 1–2% of your trading capital on a single trade.
⚠️ DISCLAIMER
📜 This information is for educational purposes only and not financial advice.
Trading in gold or any financial market involves high risk. Always do your own research (DYOR) and consult with a certified financial advisor before making real trades. The market can move unexpectedly — use stop loss and proper position sizing to protect your capital.
🟢 BUY SETUP (LONG TRADE)
📈 Entry Condition:
Wait for a 1-hour candle to close above ₹4010.
Once the candle closes, buy only if the price stays above ₹4010.
🎯 Targets:
🥇 Target 1: ₹4019
🥈 Target 2: ₹4029
🥉 Target 3: ₹4039
🛑 Stop Loss (SL):
Keep a stop loss below ₹4000 or below the previous candle’s low, whichever is safer.
💡 Tips for Beginners:
Always wait for the candle to close before entering — don’t enter mid-candle.
Use a limit order or stop order for precision.
If the price hits the first target, move your stop loss to cost price to protect your capital.
🔴 SELL SETUP (SHORT TRADE)
📉 Entry Condition:
Wait for a 15-minute candle to close below ₹3961.
Once it closes below, enter a sell position only if the price stays below ₹3961.
🎯 Targets:
🥇 Target 1: ₹3950
🥈 Target 2: ₹3935
🥉 Target 3: ₹3920
🛑 Stop Loss (SL):
Place a stop loss above ₹3972 or the previous candle’s high, whichever is higher.
💡 Tips for Beginners:
Confirm the trend direction using a moving average or RSI indicator before entering.
Never chase the trade — wait patiently for candle confirmation.
Manage risk properly: never risk more than 1–2% of your trading capital on a single trade.
⚠️ DISCLAIMER
📜 This information is for educational purposes only and not financial advice.
Trading in gold or any financial market involves high risk. Always do your own research (DYOR) and consult with a certified financial advisor before making real trades. The market can move unexpectedly — use stop loss and proper position sizing to protect your capital.
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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.