Gold Trading Strategy for 07th November 2025

💰 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.