Gold Trading Strategy for 21st July 2025

🌟 GOLD INTRADAY TRADING PLAN (1-HOUR CANDLE STRATEGY)
(Ideal for beginner traders – Easy to follow)

🟢 BUY TRADE – When to Enter a Long Position?
🕒 Step 1:
Watch the 1-hour candle on the chart. Wait patiently.

📈 Buy only if a full 1-hour candle closes above ₹3366.
🔍 This means the candle opens, moves up, and finishes (closes) above 3366 — not just a spike or a shadow.

🎯 Profit Targets:

✅ Target 1: ₹3375

✅ Target 2: ₹3387

✅ Target 3: ₹3401

🛡️ Suggested Stop Loss: ₹3355
This is to protect yourself if the trade moves against you.

🔻 SELL TRADE – When to Enter a Short Position?
🕒 Step 1:
Watch the same 1-hour candle closely.

📉 Sell only if a full 1-hour candle closes below ₹3330.
🔍 The candle must finish below 3330 — not just touch it during the hour.

🎯 Profit Targets:

✅ Target 1: ₹3315

✅ Target 2: ₹3300

✅ Target 3: ₹3290

🛡️ Suggested Stop Loss: ₹3340
To limit loss in case the market reverses.

🧠 Beginner Tips:
✅ Don’t Rush: Wait for the candle to fully close above or below the trigger level before you enter a trade.

✅ Use Limit Order or Market Order wisely after confirmation.

✅ Stick to 1–2 trades per day. Overtrading can lead to losses.

✅ Use proper lot size based on your capital – never risk more than 1–2% of your money on a single trade.

✅ Check gold-related news and global sentiment before the market opens.

📜 DISCLAIMER (Read Carefully):
⚠️ This strategy is shared for educational and informational purposes only.
It is not a recommendation to buy or sell any financial instrument.
All trading involves risk, and past performance does not guarantee future results.
📌 Always consult your financial advisor before making trading decisions.
📉 You are responsible for your own trading actions.