Gold Trading Strategy Buy Strategy (Long Position) Entry Condition: Wait for a 15-minute candle to close above 2937. Enter a buy position above the high of that candle. Targets: First target: 2945 Second target: 2952 Third target: 2958 Stop-loss: Below the low of the breakout candle or a fixed SL
Sell Strategy (Short Position) Entry Condition: Wait for a 15-minute candle to close below 2899. Enter a sell position below the low of that candle. Targets: First target: 2890 Second target: 2879 Third target: 2870 Stop-loss: Above the high of the breakdown candle or a fixed SL (e.g., 2904).
News & Events: Avoid trading during high-impact economic releases. Higher Timeframe Analysis: Check 1H and 4H trends for additional confirmation. Disclaimer This analysis is for educational and informational purposes only. Trading involves risk, and past performance does not guarantee future results. Please conduct your own research and consult with a financial advisor before making any trading decisions.
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