Gold Trading Strategy for 28th July 2025

🟡 GOLD Trading Plan
💱 Instrument: Gold Spot
💲 Currency: USD

🟢 BUY Setup (Bullish Scenario)
📈 Buy ABOVE the high of the 1-hour candle that closes above $3351

🎯 Target Levels:
✅ Target 1: $3363
✅ Target 2: $3375
✅ Target 3: $3388

🔰 Example:
If a 1-hour candle closes at $3353 and its high is $3354, place a buy stop order above $3354.

🔴 SELL Setup (Bearish Scenario)
📉 Sell BELOW the low of the 1-hour candle that closes below $3322

🎯 Target Levels:
✅ Target 1: $3309
✅ Target 2: $3297
✅ Target 3: $3283

🔰 Example:
If a 1-hour candle closes at $3320 and its low is $3318, place a sell stop order below $3318.

🧠 Tips
🕐 Wait for the 1-hour candle to close above $3351 (for buys) or below $3322 (for sells).
📊 Use candlestick charts on platforms like TradingView or MetaTrader.
📏 Set stop-loss below the breakout candle’s low (for buys) or above its high (for sells).
📉 Always manage risk — don’t risk more than 1-2% of your capital per trade.


⚠️ DISCLAIMER ⚠️
This analysis is for educational purposes only and not financial advice.
📌 Always do your own research and consult a certified financial advisor before trading.
📉 Trading involves significant risk, including potential loss of capital.